Unauthorized Transactions

Unauthorized transactions refer to financial transactions that occur without the consent or knowledge of the account holder. These can include purchases, withdrawals, or transfers made using one's credit card, debit card, or bank account without permission. Unauthorized transactions may be the result of fraud, identity theft, or technical errors. In many cases, consumers have protections under laws and regulations that require financial institutions to investigate such claims and may allow for reimbursement of lost funds. Proper security measures, such as monitoring account statements and reporting suspicious activity promptly, can help mitigate the risk of unauthorized transactions.