Press release
Rising Digital Financial Transactions Fueling Growth In Financial Fraud Detection Software Market: Critical Driver Shaping the Financial Fraud Detection Software Market in 2025
Financial Fraud Detection Software
Financial Fraud Detection Software Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
Over the past few years, the market size for financial fraud detection software has expanded swiftly. The expected growth rate is from $17.18 billion in 2024 to $19.6 billion in 2025, predicting a compound annual growth rate (CAGR) of 14.1%. The surge during the historical period can be linked to an increase in cyberattacks and data breaches, a heightened focus on proactive fraud prevention methods, strict regulatory prerequisites for financial institutions, and a surge in internal threats within financial entities.
Financial Fraud Detection Software Market Size Forecast: What's the Projected Valuation by 2029?
In the coming years, the market for financial fraud detection software is anticipated to witness swift growth. The marketplace is projected to inflate to $33.01 billion in 2029, growing at a compound annual growth rate (CAGR) of 13.9%. Such growth during the forecast period is largely caused by the increasing volume and complexity of financial transactions, the spread of mobile and online banking, the escalating adoption of digital payment techniques, and the call for real-time fraud detection capabilities. The forecast period also reveals significant trends, including advanced data visualization, collaboration among financial institutions, incorporation with anti-money laundering systems and enterprise risk management systems, and partnerships with law enforcement agencies.
View the full report here:
https://www.thebusinessresearchcompany.com/report/financial-fraud-detection-software-global-market-report
What Are the Drivers Transforming the Financial Fraud Detection Software Market?
The anticipated growth of the financial fraud detection software market is linked to the escalating number of digital financial transactions. Digital financial transactions, encompassing electronic monetary exchanges and actions on online platforms, mobile devices or other digital pathways, are on the rise due to the expansion of digital banking services. These services offer greater convenience, accessibility, and efficiency in monetary exchanges, thereby increasing the digital financial transactions. To safeguard these transactions, financial fraud detection software utilizes advanced algorithms to discern and halt fraudulent activities. For example, as per the International Monetary Funds, a US-based financial agency of the United Nations in October 2023, there has been a 20% increase in the volume of online banking transactions per 1,000 adults in Europe and the Western Hemisphere in 2022, compared to 2021. Thus, this surge in digital financial transactions is fuelling the growth of the financial fraud detection software market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14375&type=smp
What Long-Term Trends Will Define the Future of the Financial Fraud Detection Software Market?
Leading businesses in the financial fraud detection software market are zeroing in on the development of open-source platforms to get ahead in the competition and provide superior security solutions. Open-source platforms are essentially tech projects or software where the source code is made accessible to the public, granting them the liberty to view, utilize, modify and distribute the code. For example, Tazama, an open-source platform dedicated for real-time fraud management was introduced by the non-profit organization based in the U.S., the Linux Foundation, in February 2024. Its primary goal is to fortify fraud management in digital payments. This platform is purpose-built to offer cost-effective real-time monitoring of digital financial operations to deter fraud. The introduction of Tazama marks a critical milestone in combating financial fraud as it affords central banks and other financial institutions a cost-effective open-source software solution for immediate fraud prevention.
Which Segments in the Financial Fraud Detection Software Market Offer the Most Profit Potential?
The financial fraud detection software market covered in this report is segmented -
1) By Component: Solution, Service
2) By Fraud Type: Money Laundering, Identity Theft, Debit And Credit Card Frauds, Claim Frauds, Transfer Frauds, Other Fraud Types
3) By Deployment Mode: On-Premise, Cloud
4) By End User: Banking, Financial Services And Insurance (BFSI), Healthcare, Information Technology (IT) And Telecommunication, Manufacturing, Educational Institutions, Government, Others End Users
Subsegments:
1) By Solution: Transaction Monitoring Systems, Identity Verification and Authentication Solutions, Anti-Money Laundering (AML) Solutions, Credit Card Fraud Detection Solutions, Behavioral Analytics Solutions, Biometric Fraud Detection Solutions
2) By Service: Consulting Services, Integration And Deployment Services, Managed Services, Support And Maintenance Services
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=14375&type=smp
Which Firms Dominate the Financial Fraud Detection Software Market by Market Share and Revenue in 2025?
Major companies operating in the financial fraud detection software market are International Business Machines Corporation, American Express Company, Oracle Corporation, Thales Group, Fiserv Inc., SAP SE, Experian Information Solutions Inc., TransUnion LLC, SAS Institute Inc., Verisk Analytics Inc., NICE Ltd., ACI Worldwide Inc., Fair Isaac Corporation, Software AG, Cyxtera Technologies Inc., RSA Security LLC, BAE Systems Applied Intelligence, Bottomline Technologies Inc., Riskified Ltd., Signifyd Inc., Featurespace Limited, Guardian Analytics Inc., Feedzai Inc.
Which Regions Offer the Highest Growth Potential in the Financial Fraud Detection Software Market?
North America was the largest region in the financial fraud detection software market in 2024. The regions covered in the financial fraud detection software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14375
"This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work."
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Rising Digital Financial Transactions Fueling Growth In Financial Fraud Detection Software Market: Critical Driver Shaping the Financial Fraud Detection Software Market in 2025 here
News-ID: 4122542 • Views: …
More Releases from The Business Research Company
Seed Treatment Fungicides Market to Grow at 9.3% CAGR, Reaching $3.15 Billion by …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Seed Treatment Fungicides Market Outlook: How is the Market Expected to Grow by 2025?
Over the past few years, the market for seed treatment fungicides has seen robust growth. Its market value is projected to rise from $2.07 billion in 2024 to $2.21 billion in 2025, signifying a compound annual…
Rheology Modifiers Market Growth to be Driven by Emerging Trends | $10.92 Billio …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Rheology Modifiers Industry?
There has been a consistent expansion in the size of the rheology modifiers market in the past few years. The market, which was worth $8.59 billion in 2024, is projected to increase to $8.89 billion in 2025, demonstrating a compound…
Polyurethane Foam Market to Record 8.4% CAGR Growth Through 2029 | Global Analys …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Polyurethane Foam Market Outlook: How is the Market Expected to Grow by 2025?
In recent years, the size of the polyurethane foam market has experienced substantial growth. It is projected to increase from a value of $54.27 billion in 2024 to $57.26 billion in 2025, indicating a compound annual growth…
Pharmaceutical Intermediates Market Size to Reach $46.04 Billion by 2029 | Growt …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Pharmaceutical Intermediates Industry?
There has been consistent growth in the market size of pharmaceutical intermediates over the past few years. The market is predicted to increase from a value of $33.37 billion in 2024, up to $34.95 billion in 2025, with a compound…
More Releases for Fraud
New York City Fraud Attorney Russ Kofman Releases Insightful Guide on Welfare Fr …
New York City fraud attorney Russ Kofman (https://www.lebedinkofman.com/are-you-being-investigated-for-welfare-fraud-in-nyc/) of Lebedin Kofman LLP has recently published an enlightening article addressing the complexities surrounding welfare fraud investigations in New York City. The article, aimed at individuals who may be under investigation for welfare fraud, offers crucial legal insight and guidance for navigating this challenging process.
Welfare fraud is no minor offense. It comprises various fraudulent acts to unlawfully obtain public assistance benefits. This…
Fraud Increased by 3% in 2021 - Says Shufti Pro's Global ID Fraud Report
AI-powered digital identity verification solution provider, Shufti Pro, revealed new data in its Global ID Fraud Report 2021 which shows insights from ample research of 11 months of verification. The report highlights the changing fraudulent activities and advanced manipulation techniques that the company faced in 2021. Experts from Shufti Pro have also made fraud predictions that will threaten the corporate sector in 2022.
The ceaseless increase in ID and…
IPTEGO Launching PALLADION Fraud Detection and Prevention for a Real-Time Protec …
IPTEGO presents PALLADION Fraud Detection & Prevention, an innovative protection for CSPs and their customers against toll fraud.
Berlin, Germany, February 08, 2012 -- IPTEGO presents PALLADION Fraud Detection & Prevention, an innovative protection for CSPs and their customers against toll fraud.
With PALLADION Fraud Detection & Prevention, IPTEGO provides an answer to a growing demand for more network security when it comes to toll fraud. Today’s Communication Service Providers (CSPs) are…
Online Fraud Prevention – Sentropi
Are security nightmares causing you sleepless nights? Are you worried about how secure your I.T infrastructure is? Sentropi aims to address these ever present security concerns with its uniquely different identification and tracking solution. Sentropi's innovative technology allows you to identify your users with pinpoint accuracy and lets you track fraudsters on any platform, any browser, any time and any where! Hunt down fraudsters by tracking down their computers rather…
Fight Private Placement Program Fraud - PPP Fraud!
Stand up to private placement program fraud!
To set an undertone for the following summary; logic begets logic. No trading platforms nor programs, whether public or private have the freedom of complete exclusion from regulatory oversight, licensing, and governance.
Our firm has significant interest in a few platforms, as principals. There are indeed private financial offerings which have historically delivered very significant performance using "Institutional Leverage, Traders, Risk Management, Clearing & Execution"…
Securities Fraud Law Firm Zwerling, Schachter & Zwerling Representing Madoff Fra …
Attorney Robert S. Schachter says Bank Medici and Bank Austria Implicated in Madoff Fallout
NEW YORK – An international probe by the law firm Zwerling, Schachter & Zwerling is focusing on whether major Austrian banks used financial funds in Europe to fraudulently funnel billions into Bernard L. Madoff’s bogus investment enterprises, resulting in billions in losses for European parties.
The New York-based law firm already is working with nearly a dozen individuals,…
