Importance

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Abstract

Account takeover and stolen identity refund fraud are types of Internet-centric crime (i.e., cybercrime) that include the unauthorized access or use of a user account or identity information to file a tax return in order to obtain a tax refund and/or tax credit from, for example, a state or federal revenue service. Because fraudsters access legitimate user accounts or use legitimate identity information to create user accounts, it can be difficult to detect fraudulent activity in user accounts. Methods and systems of the present disclosure facilitate the identification and prevention of potential fraudulent activity in a financial system, according to one embodiment. The methods and systems automate fraud claim receipt, predictive model training, risk score threshold improvement/optimization, and/or investigation of potentially affected user accounts, according to one embodiment.

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First Claim