Press release
Fraud Detection and Prevention (FDP) Market Is Likely to Experience a Tremendous Growth by 2029
Fraud Detection and Prevention (FDP) Market is anticipated to grow at a considerable CAGR of 18.3% during the forecast period. The major factor driving the global FDP market is increased utilization of advanced technology to bring new FDP solutions in the market to prevent the frauds. The hackers and fraudsters are using advanced technologies to hack the credentials of various banks, insurance companies, healthcare companies and individuals. In order to prevent such hacking attacks and frauds various solutions are being launched by using advanced technology. For instance, in September 2021, a new emergency hotline had been launched to check and report financial as they take place. According to this technology if a potential victim dials 159, it will be automatically connected to their bank's fraud prevention service. This technology can be proved as an effective solution for fraud detection due to which its market can grow in future.Further, in November 2021, ACI Worldwide launched a network intelligence technology to fight the real-time payments fraud. The new technology enables banks, and payment providers to share fraud signals industry-wide by effectively serving their machine learning models and technology. The launch is focused on preventing real-time payments fraud as COVID-19 had given rise in attacks on real-time payment channels and targeting innocent customers through phishing. As the technology focuses on preventing frauds, financial crimes and save customers from being hacked, it will contribute in the FDP market growth.
To Request a Sample of our Report on Fraud Detection and Prevention (FDP) Market: https://www.omrglobal.com/request-sample/fraud-detection-and-prevention-fdp-market
Market Coverage
The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered-
By Fraud Type
By Component
By Vertical
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- Accertify, Inc., ACI Worldwide., Amazon Web Services, Inc., BAE Systems., DataVisor, Inc., Experian Information Solutions, Inc., F5, Inc., Feedzai, FICO, FIS, and others.
FDP Market Report by Segment
By Fraud Type
Identity Fraud
Online Fraud
Investment Fraud
Payment Fraud
Insurance Fraud
Credit & Debit Fraud
Others (Ponzi Schemes, Corporate Fraud)
By Component
Solution
Service
By Vertical
Banking
Insurance
Government
Healthcare
E-commerce
Others (Education, IT & Telecom)
A full Report of Fraud Detection and Prevention (FDP) Market is Available @ https://www.omrglobal.com/industry-reports/fraud-detection-and-prevention-fdp-market
FDP Market Report by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East & Africa
Company Profiles
Accertify, Inc.
Amazon Web Services, Inc.
Experian Information Solutions, Inc.
F5, Inc.
Feedzai
FIS
Fiserv, Inc.
FRISS Inc
GURUCUL
Kount Inc.
LexisNexis Risk Solutions Group.
NICE Ltd.
OneSpan
PayPal Payments Private Ltd.
PerimeterX, Inc.
RSA Security LLC
SAS Institute Inc.
Securonix
Software AG
Trans Union LLC
Visa
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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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