The Changing Look of Fintech Fraud

​Fintech tools, online banking, and digital payment platforms are on the rise, along with the fraudsters that plague them. Here’s why: as more consumers adopt neobanks and fintech businesses, cybercriminals looking to capitalize on this activity are finding new ways to strike. Tried-and-true tactics like account takeover (ATO) fraud, coupled with weaknesses in the alternative banking and investment industries, add up to fraudsters preying on digital banking consumers more than ever.