Reduced cost of fraud

Stop fraud losses without interrupting good customers

Fraud losses are rising, but blunt controls are making it worse. False declines, chargebacks, and manual reviews quietly drain revenue. Trust erodes. Customers leave. Explore how to reduce fraud costs without blocking growth—or frustrating legitimate customers.

Reduced cost of fraud

90%

Reduction in ATO fraud

For digital banking FIs

30-40%

Reduction in time

Spent on resolution per fraud case

$55k

Direct fraud loss

Prevented in 21 days for one FI

Fraud is expensive, but over-correction is worse

Account takeover (ATO), payment scams, and card-not-present (CNP) fraud are evolving too fast for static controls, overly sensitive rules, and legacy authentication. There’s a smarter way.

Eliminate entire fraud vectors

By replacing reactive blocking with adaptive, context-aware decisioning, fraud is effectively separated from legitimate behavior, reducing false declines and killing off entire fraud vectors. The result: fewer losses, disputes, and fraud costs; increased customer trust, share of wallet, deposits and, ultimately, revenue.

Stop fraud before losses occur

Stop fraud before losses occur

Early risk detection identifies suspicious activity before transactions are completed. Institutions can prevent fraud instead of recovering losses after the fact.

Reduce costly fraud reimbursements

Reduce costly fraud reimbursements

Accurate authentication evidence helps institutions resolve disputes more effectively and reduce reimbursement costs associated with fraudulent transactions.

Eliminate common phishing attacks

Eliminate common phishing attacks

Weak authentication methods leave customers vulnerable to phishing and social engineering. Modern authenticators remove common attack vectors and reduce successful fraud attempts.

Fewer false positives and declines

Fewer false positives and declines

Blocking legitimate customers increases operational costs and erodes trust. Risk-aware authentication separates fraud from genuine activity more accurately.

Products that reduce the cost of fraud

The power to detect digital banking and payment fraud earlier and more accurately, while allowing legitimate activity to proceed.

Authentication

Authentication

Strong, device-bound authentication methods protect customers from phishing and account takeover attempts. Biometrics and secure in-app approvals replace vulnerable OTPs and passwords.

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3-D Secure

3-D Secure

Advanced 3-D Secure protects e-commerce payments with risk-aware authentication. Trusted transactions proceed frictionlessly while suspicious payments are challenged with strong customer verification.

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Risk intelligence

Risk intelligence

Risk intelligence analyzes device, behavioral, and transaction signals in real time. Suspicious patterns are detected quickly, helping institutions prevent fraud attempts before financial losses occur.

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Authentication

Authentication

Strong, device-bound authentication methods protect customers from phishing and account takeover attempts. Biometrics and secure in-app approvals replace vulnerable OTPs and passwords.

Read more
3-D Secure

3-D Secure

Advanced 3-D Secure protects e-commerce payments with risk-aware authentication. Trusted transactions proceed frictionlessly while suspicious payments are challenged with strong customer verification.

Read more
Risk intelligence

Risk intelligence

Risk intelligence analyzes device, behavioral, and transaction signals in real time. Suspicious patterns are detected quickly, helping institutions prevent fraud attempts before financial losses occur.

Read more

Real-time fraud prevention. Instant results.

Immediate 99% reduction in phishing attacks

In South Africa, Nedbank replaced OTPs with Entersekt’s advanced authentication. Overnight, successful phishing attacks reduced by over 99%. Almost zero fraud was reported after 11 months.

CASE STUDY

Nedbank and Entersekt: Mobile authentication as a springboard for innovation

Read the case study
citizens bank
“With Entersekt, Citizens Bank saw a ~40% reduction in 3-D Secure debit fraud in Q4”
Harish Raghav Sabapathy, VP, Head of Card Fraud Risk and Analytics at Citizens Bank

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Deliver a better customer experience

FAQs

Find quick answers to common questions about reducing the cost of fraud.

What increases the cost of fraud for FIs?

Fraud losses, chargebacks, false declines, and manual reviews all drive up operational and revenue costs.

How does Entersekt reduce fraud losses?

By detecting and stopping fraud early using real-time, risk-based authentication and intelligence.

Can this prevent phishing and account takeovers?

Yes. Strong, device-bound authentication removes common attack vectors used in phishing and ATO fraud.

Will reducing fraud increase customer friction?

No. Legitimate users move forward seamlessly, with step-up authentication only when risk is high.

How does this lower reimbursement and dispute costs?

Accurate authentication provides better evidence, reducing payouts and improving dispute resolution.