Fraudsters have become increasingly sophisticated in their attacks, teaching us to never let our guard down. While financial institutions have more robust ways to fight fraud at account opening, they don’t necessarily have similar techniques to prevent account takeover. Therefore, giving fraudsters the unfortunate opportunity to enter their ecosystem.

Account takeover is one of the fastest growing trends, today. According to a recent survey by Security.org, 24 million US households have been victims to account takeover. While account opening has clear policies and tools to stop fraud, account takeover has many institutions searching for ways to protect their customers and their business. So, how can you combat account takeover?

Join Ekata and a select group of your industry peers as we explore how you can assess your fraud risk while maintaining seamless customer onboarding and customer protection.

Ekata Inc., a Mastercard company, empowers businesses to enable frictionless experiences and combat fraud worldwide. Our identity verification solutions are powered by the Ekata Identity Engine, which combines sophisticated data science and machine learning to help businesses make quick and accurate risk decisions about their customers. Using Ekata’s solutions, businesses can validate customers’ identities and assess risk seamlessly and securely while preserving privacy. Our solutions empower more than 2,000 businesses and partners to combat cyber fraud and enable an inclusive, frictionless experience for customers in over 230 countries and territories.