An enterprise fraud management solution gives you the freedom to grow while covering a wide range of fraud issues across your whole organization. These solutions make things smoother for customers by reducing hassles and ensuring a consistent experience. They work by spotting unusual behavior from individual users during their sessions. Essentially, EFM solutions takes a comprehensive approach to help organizations cut losses, manage risks, stay compliant with regulations, and run more efficiently across the board. To be effective, EFM solutions need to be adaptable, scalable, versatile, and able to quickly identify potential problems.
In the fast-paced digital landscape, businesses are locked in a fierce battle for attention and success. Any glitch in the user experience caused by fraud could be a game-changer, impacting how companies hold onto their valued customers over time. As the retail world goes all-in on omni-channel strategies, sneaky fraudsters are pulling out all the stops with new schemes like money mules, phishing escapades, and cutting-edge tech tricks like deepfakes. The rise of Generative AI has only added fuel to the fire, bringing in a whole new set of risks, from mind-bending deepfakes to synthetic identity fraud and sophisticated forgery. And to make things even more intense, strict regulations are shining a bright spotlight on how companies handle cybersecurity and battle fraud.
The global market sees various big names making waves, like ACI Worldwide, BPC, Clari5, DataVisor, Eastnets, Experian, Featurespace, Feedzai, FICO, Fiserv, IBM, Kiya.AI, LexisNexis Risk Solution, NICE Actimize, Outseer, RS Software, SAS, and Symphony AI Sensa (NetReveal).
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Market Driver for Enterprise Fraud Management Growth:
- The advent of neo-banks, P2P payments, and BNPL transactions has created vulnerabilities that fraudsters can exploit, making it crucial for businesses to invest in effective fraud management solutions.
- The trend of Generative AI is increasing new frauds like deepfakes & voice spoofing, synthetic identity fraud, and forgery fraud.
Based on geography, North America, Latin America, EMEA, and APAC region.
Scope of the Report
EFM Market —by Application
- SMB
- Large Enterprise
EFM Market —by Industry
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· Professional Services |
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· Manufacturing |
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· BFSI |
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· Retail |
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· Healthcare and Life Sciences |
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· Education |
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· Public Sector |
EFM Market —by Geography
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· Asia Ex-Japan China (AxJC) |
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· China |
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· USA |
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· Western Europe |
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· Canada |
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· Central & Eastern Europe |
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· Middle East & Africa |
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· Japan |
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· Latin America |
Download Free Sample Report for Enterprise Fraud Management Market Forecast: https://quadrant-solutions.com/download-form/market-research/global-market-forecast-enterprise-fraud-management-2022-2027-2698
Key Questions Answered in the Report:
- Which are the high-growth market segments in the offering, operating mode, application, end-use industry, and geography?
- What are the historical market sizes for EFM across the globe?
- What are the market forecasts and estimates for 2023–2027?
- What are the major drivers, opportunities, and challenges in the global EFM market?
- Who are the major players in the market, and what are their market shares?
- What are the different strategies adopted by the major players in the market?
- What are the key geographic trends, and which are the high-growth countries?
- Who are the local emerging players in the global EFM market, and how do they compete with other players?
Related Reports:
Global Market Share: Enterprise Fraud Management (EFM), 2022
Global Market Forecast: Enterprise Fraud Management (EFM), 2022-2027
About Quadrant Knowledge Solutions:
Quadrant Knowledge Solutions is a global advisory and consulting firm focused on helping clients as a strategic knowledge partner in achieving business transformation goals with Strategic Business and Growth Advisory Services.
Quadrant's research and consulting deliverables are designed to provide comprehensive information and strategic insights for helping clients formulate growth strategies to survive and thrive in ever-changing business environments.
Contact:
Mr. Ajinkya Ingle
Quadrant Knowledge Solutions
Email: ajinkya@quadrant-solutions.com
Phone: (+1) 978-605-1066