Account Takeover Fraud Prevention Solutions
Early detection and prevention
Account Takeover (ATO) Fraud has recently experienced a staggering surge. Between 2019 and 2021 ATO fraud increased by over 300% across the globe.1
Bad actors can use ATO successes as a launching pad to infiltrate an organization’s entire system, which can lead to national or even global negative press that can damage your organization’s hard-earned reputation.
You need an ATO prevention solution to help safeguard your customer’s accounts and your company’s reputation.
Key Features
Get A Daily Update of Client Fraud Risk
Alessa provides you with a comprehensive daily report on client risk, emphasizing individuals whose risk scores have exceeded your company’s predetermined threshold within the previous 24 hours. Through our Risk Level Change Dashboard, your team can effortlessly start each day focused on client accounts displaying indications of fraudulent activity.
Fraud Risk Scoring You Control
Develop a risk scoring model that matches your establishment’s risk tolerance, so you have a complete picture of each of your clients. Working in tandem with our other modules, Alessa allows you to update client risk scores in real-time as new data comes in.
Real-Time Transaction Monitoring
Powered by machine learning, Alessa can monitor all of your clients’ transactions to quickly flag high-risk issues so you can take immediate action.
Customizable Resolution Workflows
Based on your organization’s processes and risk tolerance, Alessa can help you make the right decisions about suspicious activity. For example, you may want to set-up a grading system that dictates how an account should be managed based on a client’s risk score. With Alessa, you can also integrate automation to immediately shut down risky accounts when they surpass your organization’s risk threshold.
Industries We Serve
You May Also Like
Account takeover fraud prevention is just one solution in Alessa’s integrated platform. It is powerful on its own, but when used in collaboration with our AML solutions and additional fraud management solutions, you can benefit from:
Integrated FRAML Platform
Combining all relevant data into a single, user-friendly platform, Alessa allows you to easily detect money laundering and fraudulent activities such as account takeover fraud.
IDV & KYC
Alessa integrates with your onboarding system to verify identities in real time which means you can complete due diligence in minutes, validate customers faster and protect your organization.
Continuous Controls Monitoring (CCM)
Alessa provides early detection of abuse, misuse, and waste in your business processes and activities. Powered by rules-based analytics, Alessa automates process monitoring and analysis to quickly flag suspicious activities.
Procurement Monitoring
Alessa provides state-of-the-art monitoring and analysis to protect your business. Fraud schemes can be complex, and Alessa’s comprehensive analytics can help you actively detect and manage your risk.
Watchlist and Sanctions Screening
Alessa uses current sanction lists, OFAC, law enforcement, PEPs adverse media, crypto and your own internal high-risk lists to provide expansive insights into the risks associated with any customer or entity.
Transaction Monitoring
Our AML transaction monitoring gives you instant results and faster decision-making capabilities. Alessa provides immediate insight into suspicious activity for accurate transaction monitoring leading to fewer false positives.
Regulatory Reporting
Regulatory reporting can be the most time-consuming task you have, but it’s also one of the most important. With Alessa, your reports are automatically filed and validated in minutes – saving you hours of manual entry and ensuring fewer rejected reports.
Schedule a Free Demo
Quickly detect and investigate suspicious and fraudulent activity with Alessa’s Account Takeover Fraud Prevention Solution.
Book your complimentary demo today.
Latest Insights
Canada Targets Fraud with Proposed Ban on Crypto ATMs
Canada’s federal government has announced a proposal to ban crypto ATMs nationwide, citing their role as a primary mechanism for fraud proceeds and cash placement
The Most User Friendly AML Software for Compliance Teams in 2026
Ask any compliance officer about their daily workload and you’ll hear a familiar story: too many systems, too much manual work, and never enough time
Canada Introduces Law to Establish the Financial Crimes Agency
Canada’s approach to financial crime enforcement has long been criticized as fragmented. Responsibility for investigating money laundering, fraud, and sanctions offences has historically been distributed
Top 7 Regulatory Reporting Solutions in 2026
Regulatory reporting has never been more demanding. Global financial penalties reached $19.3 billion in 2024, driven by AML violations, transaction monitoring failures, and inadequate documentation.
Emerging Risks in AML Compliance for 2026
The AML compliance landscape in 2026 looks meaningfully different from even two years ago. Financial crime is accelerating alongside the technology and payment infrastructure that
Beneficial Ownership Information (BOI) Requirements in 2026
Beneficial ownership information reporting has had one of the more turbulent regulatory histories in recent memory. From court injunctions to missed deadlines to a sweeping
Cutting Edge Software
I have worked in Alessa for over five years. What I loved about the company is that it has a strong culture with great values. The company takes an effort to discuss with employees their personal as well professional challenges. The software has the ability to identify and take action on the flaws or loopholes in the business process and further improve it.
– Ashwini S., Senior Data Analyst
