Banks suffered an astounding $485.6 billion loss to fraud and scams last year, highlighting the urgent need for them to outpace criminals. Fraud analytics plays a crucial role in enabling banks to transition from merely reacting to fraud to proactively preventing it. Explore how fraud analytics helps detect and prevent various types of fraud, minimizing financial losses and improving customer...

The global fraud detection and prevention market size is anticipated to reach USD 90.07 billion by 2030, growing at a CAGR of 17.6% from 2023 to 2030, according to a recent study by Grand View Research, Inc. The proliferation of smartphones and the continued rollout of high-speed internet networks has triggered the adoption of mobile banking practices. Mobile banking helps reduce the crowds at...

The global fraud detection and prevention market was valued at USD 33.13 billion in 2024 and is projected to grow at a CAGR of 18.7% from 2025 to 2030. One of the primary drivers is the increasing sophistication of cyberattacks, which has led businesses across various sectors, such as banking, e-commerce, and healthcare, to adopt advanced fraud detection solutions. The rise in online...

Fraud Detection And Prevention Industry The global fraud detection and prevention market size is expected to reach USD 90.07 billion by 2030, registering a CAGR of 18.7% from 2025 to 2030, according to a new report by Grand View Research, Inc. The proliferation of smartphones and the continued rollout of high-speed internet networks has triggered the adoption of mobile banking...