Enterprise and Payment Fraud Solutions, 2024: Market Update and Vendor Landscape
This report updates Enterprise Fraud Solutions, 2023: Market Update and Vendor Landscape and Payment Risk Solutions, 2023: Market and Vendor Landscape, taking key themes from both reports. This update covers several key themes in the market for anti-fraud solutions, notably around ‘platformization’, low-code/no-code configuration, the embedding of such typically siloed solutions as identity verification (IDV) into an interconnected workflow, and generative artificial intelligence’s (GenAI) growing role in automation and the co-piloting of fraud solutions.
Institutions are increasingly turning to fraud tools and solutions to reduce risk, ensure compliance and protect their reputations. By leveraging cutting-edge technology and working strategically, vendors can create solutions that address their clients’ ever-changing needs and even give them a competitive edge.
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