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Fraud Detection and Prevention Market 2023 Comprehensive Factors of Growth Rate by Key Vendors, Share, Size, Types, and Applications

Fraud Detection and Prevention

Fraud Detection and Prevention market report presents estimates of market share, development, patterns, and guideline for the forecast period 2018-2023. Fraud Detection and Prevention market report provides overall study of approximate CAGR, leading manufacturers, key development, market dynamics and swot analysis for key players. It also recognizes new development opportunities and remarkable system by giving the study of keyword market competitive landscape and offering detail data on the products offered by organizations. Fraud Detection and Prevention Market is projected to grow at a CAGR of 16.42% during the forecast period.

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Major Key Players: SAP SE, IBM Corporation, SAS Institute Inc., ACI Worldwide Inc., Fiserv Inc., Experian PLC, DXC Technology Company, BAE Systems PLC, RSA Security LLC (Dell Technologies Inc.), Oracle Corporation, Nice Ltd. , Equifax Inc., Lexisnexis Group, Fair Isaac Corporation, Cybersource Corporation , Global Payments Inc., Feedzai Inc.

Global Fraud Detection and Prevention Market Covers the Regions:

US, Canada, Mexico, Rest of North America, Brazil, Argentina, Rest of South America, China, Japan, India, Rest of Asia-Pacific, UK, Germany, France, Rest of Europe, UAE, South Africa, Saudi Arabia.

Fraud Detection and Prevention Market Report Covered Following Points in TOC:

  • Overview of Company Profile
  • Market Insights, Buyers and Suppliers of Company
  • Market Dynamics like Drivers, Risk, Opportunities of Market
  • Market Segment by Types, Applications, and Size
  • Regional Market Analysis by Size, Growth Rate and Forecast Year
  • Competitors Analysis by Leading Players, Mergers, Acquisitions, Joint Ventures, Collaborations & Agreements
  • Fraud Detection and Prevention Market’s Recent Developments and Future Strategies.

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What Fraud Detection and Prevention Market Research Report Offers:

  • Global Fraud Detection and Prevention Market size, share assessments for the regional and country level segments.
  • Global Market Trends, Drivers, Constraints, Growth Opportunities, Threats, Challenges, Investment Opportunities, and recommendations.
  • Fraud Detection and Prevention Market forecasts for 5 years along with historical data of all the mentioned segments, sub-segments, and the regional markets.
  • Competitive landscaping mapping the key trends.
  • Major company profiling with their detailed strategies, financials, and recent developments.
  • Strategic recommendations for the new companies and start-ups.
  • Supply chain trends mapping the latest technological advancements.
  • Strategic recommendations in business segments based on market estimations.

Key Developments in the Fraud Detection and Prevention Market:

  • December 2017: Dell EMC announced the launch of its new machine learning and deep learning solutions.These new solutions are expected to enable organizations take advantage of the convergence of HPC and data analytics and realize advancements in areas, including fraud detection, image processing, and financial investment analysis.
  • November 2017: IBM’s Trusteer division launched a new account fraud detection capability that aims to detect fraud at the earliest stage. New account fraud is expected to be quite prevalent and has been expanding to new verticals, as more services are offered to customers online. As banks move to more secure payment cards and new payment channels, cyber-criminals have been transitioning to online channels, to attempt to use the same data for opening bank accounts and applying for credit, loans, insurance, and other types of accounts. This new security tool of IBM is expected to detect frauds at the earliest stage.
  • November 2017: Easy Solutions offered new early phishing detection capability. Early phishing detection leverages the company’s propriety machine learning-based, URL classification technology that is expected to increase the number and speed at which phishing attacks are detected. As the malicious nature of a URL is confirmed, mitigation is expected to start immediately, protecting 100% of the end-user population in a reduced timeframe.

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