Fraud Detection and Prevention Market Is Likely to Enjoy a
Tremendous Growth

A new Report by Delvens, titled "Fraud Detection and Prevention Market”
offers a comprehensive analysis of the industry, which comprises insights on
the Global analysis. The report also includes competitor and regional analysis,
and contemporary advancements in the market.

The Fraud Detection and Prevention Market size is projected
to reach a CAGR of 19.7% to 2030.

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Report: https://www.delvens.com/get-free-sample/fraud-detection-and-prevention-market

Regional Analysis

North America is expected to be the largest contributor in
terms of the market size in the FDP market. It is one of the most affected
regions in the world by money laundering and terrorist financing crime
activities; as a result, it has the highest number of FDP providers.

Key Players of Fraud Detection and Prevention Market

·       
FICO

·       
SAP

·       
Fiserv

·       
EMC

·       
Experian

·       
ACI

·       
NICE Actimize

·       
Computer Sciences Corporation

·       
Kount

·       
RSA Security

·       
FIS

·       
CaseWare

·       
PayPal

·       
Visa

·       
Microsoft Corporation

·       
Ingenico

·       
AWS

·       
PerimeterX and More

Fraud detection and prevention services are the solutions
offered by IT vendors to the different enterprises. This solution helps
enterprises to prevent occurrences or spot frauds at initial stages. In other
words, fraud detection and prevention refer to the solutions and systems
provided by the IT vendors, which are used to find patterns and anomalies and
analyze the data (to spot deviation from usual path) and these solutions
control user access by authentication and verification.

Adoption of digitalization and IoT increased the adoption
rate of fraud detection and prevention system and increase in revenue loss due
to fraud are some of the factors that have supported long-term expansion for
Fraud Detection and Prevention Market.

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Recent Developments

In July 2020, NICE
Actimize enhanced SURVEIL-X, a holistic trade surveillance solution. The
company enhanced SURVEIL-X with self-service analytics for custom risk
detection. SURVEIL-X Studio enables Financial Services Organizations (FSOs) to
rapidly create, test, and deploy custom analytics risk detection models to
close regulatory and operational risk gaps

In April 2019, NICE
Actimize introduced CDD-X to modernize KYC/CDD programs with advanced analytics
and the power of AI. The robust combination of AI technology with NICE
Actimize’s expertise in KYC/CDD reduces customer review time by up to 70 %and
increases the accuracy of high-risk customer management.

Fraud Detection and
Prevention Market is segmented into fraud type, component, deployment mode,
organization size, vertical and region.

On the basis of Fraud
Type

·       
Check fraud

·       
Identity fraud

·       
Internet /Online fraud

·       
Investment fraud

On the basis of
Component

·       
Solutions

·       
Services

On the basis of
Deployment Mode

·       
Cloud

·       
On-premises

On the basis of
Organization Size

·       
SMEs

·       
Large enterprises

On the basis of
vertical

·       
Retail and Commerce

·       
Government

·       
Healthcare

·       
Manufacturing

·       
Travel and Transportation

·       
Other verticals

·       
BFSI

On the basis of
Region

·       
Asia Pacific

·       
North America

·       
Europe

·       
South America

·       
Middle East & Africa

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Reasons to Acquire

·       
Increase your understanding of the market for
identifying the best and suitable strategies and decisions on the basis of
sales or revenue fluctuations in terms of volume and value, distribution chain
analysis, market trends and factors

·       
Gain authentic and granular data access for
Fraud Detection and Prevention Market so as to understand the trends and the
factors involved behind changing market situations

·       
Qualitative and quantitative data utilization to
discover arrays of future growth from the market trends of leaders to market
visionaries and then recognize the significant areas to compete in the future

·       
In-depth analysis of the changing trends of the
market by visualizing the historic and forecast year growth patterns

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