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Robust growth projected for fraud detection and prevention
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Robust growth projected for fraud detection and prevention
The global fraud detection and prevention market is expected to reach $129,4-billion by 2033, registering a CAGR of 18,1% from 2026 to 2033, according to a new report by Grand View Research. The proliferation of smartphones and the continued rollout of high-speed Internet networks has triggered the adoption of mobile banking practices which, while convenient, raise the risk of cyberfraud. According to a GSMA report, nearly 300-million individual…
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