Key Statistics
Total UK spend on fraud detection & prevention in 2024
Total UK spend on fraud detection & prevention in 2029
2024-2029 market growth
Forecast period
'Fraudulent Banking Transactions in the UK to Total 38 Million Over Next Five Years; Necessitating Real-time Fraud Detection'
Overview
Our UK Fraud Detection & Prevention in Banking research suite provides detailed evaluation and analysis of the evolving fraud landscape in the UK for banking and the financial industry, including fraud trends and the impact of evolving payment types, such as instant payments, blockchain and CBDCs (Central Bank Digital Currencies). This cutting-edge fraud analytics and prevention techniques study examines other initiatives and fraud types disrupting the market, such as increasing APP fraud rate and the use of artificial intelligence by both good and bad actors.
By gaining access to this report, readers will gain a greater understanding of how to best formulate fraud prevention strategies across various types of fraud, and implement processes that enable more efficient decisions about fraud claims. They will also better understand the warning signs that can be detected by payment service providers.
The suite includes a data deliverable, sizing and providing key forecast data; comprising splits for type of financial institutions in the UK fraud, such as and credit unions, fintechs, investment companies and lenders.
Also included is a comprehensive assessment of the key trends, fraud risks, and recommendations for stakeholders. The research suite is a comprehensive tool for understanding this major market; allowing stakeholders to make better-informed decisions on future strategies and predictive intelligence in the UK fraud detection & prevention in banking market.
All report content is delivered in the English language.
- Market Dynamics: strategic analysis of the major drivers, challenges, and innovations shaping the adoption and development of the tools that provide defence against fraud, including:
- The importance of using real-time fraud detection & prevention solutions in the face of growing fraudulent activity in financial transactions.
- Future strategic directions and market outlook for fraud detection & prevention in banking vendors.
- Key drivers and benefits of financial fraud activity detection & prevention solutions in the fight against fraud, including an increase in global fraud rates and fraud losses, the implementation of AI and ML, the analysis of real-time data and pattern recognition, highlighting the impact on the payments and banking space, as well as how fraud detection & prevention platforms can improve the way they operate in the banking space.
- Key Takeaways & Strategic Recommendations: In-depth analysis of emerging fraudulent activities and key findings within the UK fraud detection & prevention in banking market, accompanied by strategic recommendations for stakeholders against rising incidents of fraud.
- Benchmark Industry Forecasts: The research suite includes five-year forecasts for the UK fraud detection & prevention market, split by banks and financial institutions. The forecast also comprises splits by money transfer and banking.
- Juniper Research Competitor Leaderboard: Key player capability and capacity assessment for 15 vendors in the fraud detection and fraud prevention solutions space, via a Juniper Research Competitor Leaderboard:
- Accertify
- AccessPay
- ACI Worldwide
- Comply Advantage
- Featurespace
- Feedzai
- Fiserv
- Fraudio
- GBG
- LexisNexis Risk Solutions
- Mastercard
- SEON
- Thales
- TransUnion
- Visa
Market Data & Forecasts
The market-leading research suite for the UK Fraud Detection & Prevention in Banking market includes access to the full set of forecast data of 58 tables and over 420 datapoints. Metrics in the suite include:
- Total Number of UK Fraudulent Transactions
- Average Spend on Fraud Detection & Prevention Solutions
- Total Value of UK Fraud Detection & Prevention in Banking
All of the above metrics are split by financial services providers such as:
- Banks and Credit Unions
- Fintechs
- Investment Companies
- Lenders
Research Deliverables
Market Trends & Forecasts PDF Report
A comprehensive analysis of the current market landscape, alongside strategic recommendations and a walk-through of the forecasts.
Interactive Forecast Excel
Full 5-year forecasts for every available market metric provided in Excel format, with interactive 'What If' and scenario tools.
harvest Online Data Platform
Access the very latest data in our exclusive online data platform, harvest. All the data from Excel, with frequent updates and a more user-friendly interface.
Why Choose Juniper Research
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Make your budget stretch further as our research represents unrivalled value, with detailed written analysis and comprehensive 5-year forecasts included as standard with all of our data reports.
Expert Insight
With over 20 years of experience, our forecast database and research methodologies are well-established and trusted by market-leading organisations around the world.
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