AI in Fraud Management Market: Key Trends Driving Technological Advancements
Artificial Intelligence (AI) is transforming the fraud management market by offering advanced solutions to combat increasingly sophisticated fraudulent activities. With traditional fraud detection methods often struggling to keep pace with the complexity and volume of digital transactions, AI provides a powerful alternative. The Global AI in Fraud Management Market size is expected to be worth around USD 66.9 Billion by 2033, from USD 10.8 Billion in 2023, growing at a CAGR of 20.0% during the forecast period from 2024 to 2033.
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