The fraud detection and prevention market is being driven by regulatory compliance requirements, and according to Marketsandmarkets, the sector is estimated to grow to $63.2 billion by 2029 at a CAGR of 17% over that period, from $28.8 billion in 2024. With stringent regulations in place, organisations are compelled to adopt robust strategies to combat financial crimes and protect consumer interests. Compliance mitigates legal risks, and fosters trust among stakeholders, driving organizations to prioritise efforts in fraud prevention. The adoption […]