Hampshire, UK – 27th October 2025: A new study by global tech strategists Juniper Research forecasts an 85% surge in fraud detection and prevention investment by 2030; rising from $21 billion in 2025 to $39 billion in 2030.
This reflects the urgent need to combat evolving advanced fraud techniques, such as real-time injection attacks, where manipulated content is inserted during identity verification processes.
“Fraudulent actors are increasingly using AI to refine their techniques and outpace traditional detection systems; making attacks harder to identify, and rendering current detection tools ineffective. This necessitates an overhaul of fraud prevention strategies to strengthen identity verification and ensure the authenticity of both users and transactions,” explains Lorien Carter, Senior Research Analyst at Juniper Research.
An extract from the new report, Fraud Detection & Prevention in Banking Market 2025-2030, is available as a free sample.
Ensure Security Does Not Compromise Customer Experience
Defending against new threats is vital to a bank’s security, reputation, and regulatory compliance. However, introducing too many barriers within onboarding and transacting can frustrate users. In response, considerable investment is being directed towards implementing background fraud tools that use behavioural analytics and machine learning to flag suspicious activity, while minimising user journey interruptions.
Banks will also have to consider incorporating digital identity initiatives into their fraud prevention strategies. There is a surge in interest from governments in the UK, EU, Australia, and China in digital identity; providing a potential new way for banks to verify users.
“As fraud tactics evolve at record speed, banks face mounting pressure to keep up. Financial institutions must modernise and future-proof their systems while simultaneously adapting to emerging digital identity frameworks,” Carter concluded.
The new research suite offers the most comprehensive assessment of the fraud and security market to date, including insightful market analysis and in-depth forecasts for over 60 countries. The dataset contains over 24,600 market statistics within a five-year period. Download a free report sample.
About Juniper Research
Juniper Research is a global tech strategist firm providing research, data, and forecasting across the fintech, telecoms, and IoT sectors. For over 20 years, Juniper Research has delivered actionable insights that help industry leaders navigate disruption, seize opportunities, and make confident strategic decisions. www.juniperresearch.com
Press Contact:
Sam Smith, Press Relations
sam.smith@juniperresearch.com
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