Fraud Detection Software Developers
The Fraud Detection Software Developers industry comprises companies that develop software to detect fraudulent payments to clients. The rise of internet enabled solutions have triggered an explosion of data, including sensitive personal information like social security numbers. This has also spurred a rise in cybercrime, prompting companies to act to ensure their data is not put at risk. Data breaches among major US retailers have shed light on the widespread nature of fraud, often accompanied by severe financial losses and damaged reputations. Card issuers are issuing new cards that, by adhering to new EMV standards, are expected to facilitate worldwide interoperability and enhance security.
This industry includes businesses that develop software to detect fraudulent payments made to clients. The software also protects against fraudulent payments.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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