Top Fraud Detection and Prevention (FDP) Companies

The global fraud detection and prevention market is projected to grow from USD 32.00 billion in 2025 to USD 65.68 billion by 2030 at a compound annual growth rate (CAGR) of 15.5% during the forecast period.

To know about the assumptions considered for the study download the pdf brochure

The process of finding fraudulent activity in a system and utilizing the resources to mitigate those risks is termed as fraud detection. Using automated tools and predictive analytics methods to discover the vulnerability is termed fraud prevention. As cryptocurrency transactions rapidly grow, the risk of fraud through anonymous wallets and fast, untraceable transfers also increases. This is driving crypto platforms to adopt advanced tools for real-time transaction monitoring, identity verification, and blockchain analytics. As fraud methods in the crypto space become more sophisticated, the demand for intelligent and adaptive fraud detection solutions is accelerating.

Top Fraud Detection and Prevention Companies Include

• Fiserv (US)
• LexisNexis Risk Solutions (US)
• TransUnion (US)
• FIS Global (US)
• Experian (Ireland)

Partnerships, agreements, collaborations, acquisitions, and product developments are various growth strategies these players use to increase their market presence.

Fiserv (US) is a worldwide financial technology and payments leader, serving banks, credit unions, fintechs, merchants, and other financial institutions. The company provides various solutions across digital banking, payment processing, core bank platforms, and risk management. Within fraud prevention and detection, Fiserv provides integrated solutions that assist organizations in detecting, monitoring, and acting upon fraud in real time across various channels, such as cards, automated clearing house (ACH), checks, and digital payments. The company’s solutions utilize sophisticated analytics, machine learning, and behavioural insights to detect suspicious patterns, block unauthorized transactions, and enable early intervention.

Fiserv also offers identity verification, transaction monitoring, and case management services that assist clients in minimizing losses, addressing compliance requirements, and safeguarding customer trust. The companies’ cloud-ready and scalable platforms can be used to serve large institutions and small organizations, allowing proactive fraud prevention in response to changing threat scenarios.

TransUnion (US) is a global information and insights provider that offers credit reporting, risk management, and data analytics to businesses and consumers in several industries. The company excels at leveraging data to provide actionable intelligence to make credit, identity, and fraud risk decisions. In the fraud prevention and detection arena, TransUnion provides solutions that integrate identity verification, device intelligence, and behavioral analytics to assist organizations in detecting suspicious behavior and preventing fraudulent transactions through digital and physical channels.

It provides real-time risk assessment, identity proofing, and decision-making tools based on machine learning and global data networks that identify outliers, minimize false positives, and block high-risk events. TransUnion also supports fraud case management, synthetic identity detection, and multi-layered authentication workflows to help businesses balance security with customer experience. Its solutions are tailored for financial services, insurance, telecom, and e-commerce, enabling faster, more confident fraud prevention across customer touchpoints.

LexisNexis Risk Solutions (US):

LexisNexis Risk Solutions is a leading player in the fraud detection and prevention market, leveraging advanced data analytics, machine learning, and identity verification tools to combat digital fraud. The company offers robust FDP solutions that span across financial services, healthcare, insurance, and government sectors. With its flagship products like ThreatMetrix and robust risk scoring engines, LexisNexis helps businesses identify suspicious behavior in real time while ensuring compliance with global regulatory standards.

FIS Global (US):

FIS Global is a prominent U.S.-based financial technology provider offering comprehensive fraud prevention solutions through its Risk, Fraud and Compliance suite. Known for integrating AI, behavioral analytics, and biometrics, FIS enables real-time fraud detection and transaction monitoring across banking, payments, and capital markets. Its scalable FDP platforms support both large financial institutions and mid-market enterprises, helping reduce fraud losses while improving customer experience.

Experian (Ireland):

Experian, headquartered in Ireland for its EMEA operations, plays a critical role in the global FDP market by delivering identity verification, credit risk scoring, and real-time fraud analytics. The company combines rich consumer and business data with AI-powered insights to detect anomalies, mitigate synthetic identity fraud, and prevent unauthorized transactions. Its CrossCore platform provides a flexible, modular approach that allows organizations to adapt to evolving fraud threats and compliance requirements.

Market Ranking

The fraud detection and prevention market is highly fragmented, with five major players—Fiserv, Lexis Nexis Risk Solutions, TransUnion, FIS Global, and Experian—collectively accounting for approximately 15–20% of the total market share. Fiserv helps organizations detect and prevent fraud across payments and digital channels using real-time analytics and behavioural monitoring. LexisNexis Risk Solutions offers identity verification, transaction risk scoring, and threat intelligence to stop fraud before it happens.

TransUnion provides fraud prevention tools that combine identity proofing, device intelligence, and analytics to detect and block suspicious activity. FIS Global delivers integrated fraud management systems that monitor transactions and user behaviour to prevent financial and payment fraud. Experian uses data, AI, and machine learning to offer fraud risk scoring, identity checks, and protection against synthetic and account takeover fraud.

Related Reports:

Fraud Detection and Prevention (FDP) Market by Fraud Type (Identity, Payment, Insider, Investment), Offering (Solutions (Fraud Analytics, Authentication, and GRC) and Services), Vertical (BFSI, Healthcare, Retail), and Region - Global forecast to 2030

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets Inc.
1615 South Congress Ave.
Suite 103,
Delray Beach, FL 33445
USA : 1-888-600-6441
sales@marketsandmarkets.com