Fraud Detection and Prevention Market worth $65.8 billion by 2026 - Exclusive Report by MarketsandMarkets™
According to the Consumer Sentinel Network maintained by FTC, 3.2 million identity thefts and fraud reports were received in 2019, out of which 1.7 million were fraud cases.
- According to the Consumer Sentinel Network maintained by FTC, 3.2 million identity thefts and fraud reports were received in 2019, out of which 1.7 million were fraud cases.
- The increasing cases of frauds force financial companies to advance their security infrastructure by deploying FDP solutions such as fraud analytics.
- Several vendors offer traditional rule-based fraud analytics models, whereas some prefer AI- and ML-based techniques.
- Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model GEM".