Fraud detection and prevention market to hit USD 100 bln by 2027
The Paypers
DECEMBER 15, 2021
A research study by Global Market Insights has shown that fraud detection and prevention (FDP) market is expected to surpass USD 100 billion by 2027.
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Mastercard: Using AI To Cure Healthcare’s $240B Fraud, Waste And Abuse Problem
PYMNTS
MARCH 2, 2020
By the year 2027, the expectation is that those costs will have swelled to $6 trillion annually or roughly $17,000 per citizen or 19 percent of the GDP. Instead, she noted, an estimated $240 billion is going out the door to fraud, waste and abuse (FWA). Healthcare in the U.S. is a massive industry. in 2017 on healthcare services.
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Report: Tokenization And Data Vaulting Take The Sting Out Of PCI Compliance
PYMNTS
OCTOBER 2, 2020
Credit and debit card fraud increased in April 2019 and April 2020, in fact, as fraudsters take advantage of the crisis for personal gain. There are many technologies that can help keep customers’ data safe, with increasing market interest in tokenization in particular. The global tokenization market is even expected to reach $6.8
Can Mobile Solve A City’s Transit Payment Challenges?
PYMNTS
JULY 16, 2020
The pandemic is driving consumers online to shop and pay, and expansion of the payment gateway market shows no signs of slowing. percent by 2027, when it will reach a total valuation of $87.6 Across The Payments Orchestration Ecosystem. It is expected to grow at a compound annual growth rate (CAGR) of 11.1
Fidor: How Cloud-Based Banking Helps With Compliance
PYMNTS
SEPTEMBER 22, 2020
A significant portion of consumers in various global markets are even planning to increase their use of digital banking services in the coming months, which means banks are going to need to seamlessly support a new flood of digital consumers’ requests, as well as the data that comes with them.
What could R3’s DLT-based platform mean for global payments?
NCR
DECEMBER 13, 2017
Putting forward the case for a more efficient international payments network, R3 argued that businesses in particular are being disadvantaged by the high cost and inefficiency of cross-border transactions, having become accustomed to real-time payments in their domestic markets. Image credit: iStock/monsitj. appeared first on Banking.com.
Deep Dive: Preventing Fraudsters From Gaming The System As Online Gaming Heats Up
PYMNTS
AUGUST 7, 2020
A recent survey revealed that 93 percent of United Kingdom gaming compliance managers anticipate growing numbers of chargebacks and fraud as the pandemic prods consumers to access online services. Gaming platforms were facing increasing instances of fraud before the pandemic began. Fighting Back Against Gaming Fraud .
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