discussionIndustry Verticals · FinTech & BankingsituationalFraud PreventionB2CBilling

Unauthorized lender charges cleared through bank account without authorization

Bank account holders find charges from lenders or third-party companies appearing on their accounts without having authorized those transactions. Banks process these debits despite no valid authorization on file. Customers face uphill dispute battles when the charge originates from an entity that has some prior relationship with the customer.

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3.35

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Problem descriptions, scores, analysis, and solution blueprints may be updated as new community data becomes available.