Account Takeover Fraud Prevention Solutions
Early detection and prevention
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.
Using the Global Information Assurance Certification (GIAC), Alessa allows your team to easily detect the threat of a client account takeover so that you can quickly shut down the account before serious damage is done.
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.
World Class Resources
Change is a common indicator of potential fraud. With Alessa, changes to a client’s bank and personal information will be verified with GIAC and discrepancies will be immediately flagged for investigation.
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.
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.
Monitor for Suspicious Transactions in Real-Time
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.
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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