|
Home | Technology News Search Engine:
|
|
|
|
Home: Technology News:
|
|
|
(IT-NEWSWIRE.COM, October 25, 2018 ) The Global Fraud Detection and Prevention Market was valued at USD 14.65 billion in 2016 and is projected to reach USD 78.18 billion by 2025, growing at a CAGR of 20.45% from 2017 to 2025.
Fraud is defined as the unlawful act of obtaining something of value such as information or physical property willfully, without the permission of the owner. The fraud detection and prevention system provides an adequate response to such unauthorized activities and prevents these kinds of fraudulent activity from being repeated. This system aids in the prevention of fraud by incorporating device fingerprinting, user level decision making, and comprehensive scoring models. The service helps clients by recapturing the lost opportunity costs and minimizing chargebacks.
With the increasing economies, there is a rise in the incorporation of machine learning and artificial intelligence for fraud detection. These factors lead to the increase in the rate of online transactions that occur through a web and mobile applications. Due to the subsequent rise in fraudulent activities due to these factors, the market for fraud detection and prevention is increasing. The lack of awareness about possible fraudulent activities, poor integration capabilities, and costly deployment leads to restraint in the growth of the fraud detection and prevention market.
DOWNLOAD FREE SAMPLE COPY @ https://www.verifiedmarketresearch.com/download-sample/?rid=2624
Competitive Landscape:
The major players in the market are as follows:
Experian Information Solutions, Inc.
Lexisnexis
Fair Isaac Corporation
IBM Corporation
Oracle Corporation
ACI Worldwide, Inc
SAS Institute
Fiserv, Inc.
BAE Systems
Nice Systems Ltd.
DXC Technology (CSC)
Threatmetrix, Inc.
SAP SE
Ask for Discount @ https://www.verifiedmarketresearch.com/ask-for-discount/?rid=2624
About Us:
Verified Market Research' has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data. Our aim is to save your Time and Resources, providing you with the required Research Data, so you can only concentrate on Progress and Growth. Our Data includes research from various industries, along with all necessary statistics like Market Trends, or Forecasts from reliable sources.
Contact Us:
Mr. Ankush
Call: +1 (650) 781 4080
Email: sales@verifiedmarketresearch.com
Verified Market Research
Amaan Kazi
+1 (650) 781 4080
amaankazi@verifiedmarketresearch.com
Source: EmailWire.Com 
Source: EmailWire.com
|
|
|
|
|
Technology News Headlines
|
|
|
|
|
Technology Business Video Feed
|
|
More Technology Video Feeds
|
|
|
