The Increasing Number of Card-Related Frauds, Online Transactions, and Online Frauds are Primary Factors Driving the Adoption Rate of Fraud Detection and Prevention Solutions

The Increasing Number of Card-Related Frauds, Online Transactions, and Online Frauds are Primary Factors Driving the Adoption Rate of Fraud Detection and Prevention Solutions

Banking & financial services is the vertical that is expected to account for the largest market share of the global fraud detection and prevention. The insurance sector is another major vertical that is expected to account for major market revenues in the coming years, in terms of fraud detection and prevention solutions. Fraud detection and prevention solutions in this vertical detect the false insurance claims that have been causing big dents in their revenues in…

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