Increasing growth in internet transactions, growing fraudulent activities, and raising mobile banking transactions are some of the factors boosting the market growth. In addition, recent developments in fraud detection software, raising adoption of big data analytics are propelling the market growth. However, lack of skilled professionals, high deployment of software costs is impeding the market growth. —
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North America accounted for the largest share in the financial fraud detection software market. Increasing awareness about the benefits of fraud detection is expected to drive the market in this region. Asia Pacific is expected to witness fastest growth on account of rising concerns of safety & security and increasing government projects.
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Some of the key players in global financial fraud detection software market include ACTICO GmbH, AimBrain, CipherCloud, Digital Resolve, Easy Solutions,Inc., Experian Information Solutions, Inc., FraudLabs Pro, Gemalto NV, Global Vision Systems, Kount Inc., Oracle, Riskified Ltd., SAS, SEKUR.me, SIGNIFYD Inc, and ValidSoft.
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Deployment types Covered:
• Claim Frauds
• Credit/Debit Card Fraud
• Identity Theft
• Money Laundering
• Subscription Frauds
• Wire Transfer Fraud
End Users Covered:
• Educational Institutions
• Financial Enterprises
• Government
• Healthcare
• Manufacturing Sector
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt
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Release ID: 207028