Worldwide Enterprise Fraud Solutions 2024 Vendor Assessment

This document is an IDC MarketScape vendor assessment report focusing on worldwide enterprise fraud solutions for 2024. It evaluates various vendors in the fraud risk management solutions marketplace, highlighting the growing need for such solutions due to the increasing complexity of payment methods and the rise in online transactions. The report outlines the criteria for vendor inclusion, which includes the provision of standalone fraud solutions or integrated solutions with fraud detection capabilities. It emphasizes the importance of real-time fraud detection and the role of artificial intelligence in enhancing fraud prevention strategies. The document also provides a summary profile of Experian, positioned as a leader in the market, detailing its CrossCore fraud solution, which utilizes advanced analytics and multiple data sources to mitigate fraud while ensuring a positive customer experience. The report includes insights into market trends and the challenges faced by vendors in adapting to evolving fraud risks.