Account Takeover (ATO) was the most common fraud type globally in 2023. Accounting for over 7% of suspected digital fraud, ATO costs UK businesses billions each year.
As awareness of ATO and wider financial crime increases and fraudsters chip away at loopholes, what are the trends and strategies those working in fraud prevention teams need to consider to mitigate risks and convert security-minded consumers?
Our 2024 State of Omnichannel Fraud Report provides insights and recommendations for implementing smarter, more effective fraud prevention approaches that build consumer trust by demonstrating safety in customer experiences.
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