Fintech PR
AI-Based Fraud Detection Tools Market Surges with 15.9% CAGR – Industry Insights & Future Trends | Valuates Reports

BANGALORE, India, March 21, 2025 /PRNewswire/ — AI-Based Fraud Detection Tools Market is Segmented by Type (On-Premise, Cloud Based), by Application (Large Corporation, SMEs).
The Global Market for AI-Based Fraud Detection Tools was valued at USD 3670 Million in the year 2024 and is projected to reach a revised size of USD 10170 Million by 2031, growing at a CAGR of 15.9% during the forecast period.
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Major Factors Driving the Growth of AI-Based Fraud Detection Tools Market:
The global AI-based fraud detection tools market continues to expand as businesses and governments acknowledge the escalating threat of financial crimes. Rising awareness of the costs associated with fraud, including chargebacks, reputational damage, and regulatory penalties, drives sustained demand for sophisticated analytics platforms. AI solutions rapidly process vast datasets to identify hidden patterns, delivering near-instant insights that fortify security measures. Competition among vendors prompts innovation, resulting in increasingly tailored offerings that cater to diverse industries such as banking, retail, and telecommunications. Partnerships and mergers within the technology sector further enhance solution capabilities, facilitating seamless integration with existing infrastructures. As businesses intensify their digital transformation efforts, the need for robust, adaptive AI-based fraud detection is poised to remain a crucial market force.
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TRENDS INFLUENCING THE GROWTH OF THE AI-BASED FRAUD DETECTION TOOLS MARKET:
Cloud-based solutions play a pivotal role in driving the growth of AI-based fraud detection tools by providing scalable infrastructure, automated updates, and cost-efficient deployment models. With cloud-based platforms, organizations can quickly access real-time analytics and leverage powerful machine learning algorithms to identify anomalous activities. This flexible approach streamlines processes, reduces operational overheads, and ensures seamless software upgrades, enabling businesses to stay ahead of evolving threats. By eliminating the need for complex on-premise hardware, cloud-based systems empower even smaller enterprises to adopt advanced fraud detection mechanisms. Additionally, cloud providers often offer multi-layered security protocols, thereby enhancing data protection and ensuring compliance with regulations. This scalability and widespread accessibility significantly contribute to the widespread uptake of AI-driven fraud detection across industries worldwide.
On-premise deployment of AI-based fraud detection tools fuels market growth by providing organizations with direct control over their data and security protocols. Many industries, such as finance and healthcare, handle sensitive information that demands strict compliance with privacy regulations, making on-premise systems appealing. These solutions allow businesses to tailor their fraud detection models to specific operational requirements, ensuring optimal performance and faster response times. Moreover, on-premise platforms facilitate integration with existing infrastructure, reducing the complexity of cloud migration. These frameworks minimize latency concerns, enabling real-time threat detection. This heightened customization fosters reliability and trust among clients and stakeholders. Overall, on-premise adoption is propelling the expansion of AI-driven fraud detection systems, thus addressing unique organizational demands while safeguarding critical data assets.
Large corporations play a pivotal role in accelerating the AI-based fraud detection tools market by investing substantial resources in research, development, and deployment. These businesses often handle vast transaction volumes and intricate operational processes, necessitating robust solutions that can detect and mitigate sophisticated fraud attempts. By implementing cutting-edge AI technologies, large enterprises drive ongoing innovation and contribute to the refinement of predictive models, advanced data processing, and algorithmic precision. They also set industry benchmarks, demonstrating the tangible benefits of advanced analytics for reducing financial losses and reputational damage. Moreover, such corporations frequently engage with government bodies and regulatory authorities, shaping standards for fraud prevention. Their influence and partnerships foster collaboration across sectors, amplifying adoption rates and fueling continuous market expansion.
Rapid digitalization across industries is fueling adoption of AI-based fraud detection tools by creating volumes of data to be analyzed in real time. As transactions and customer interactions move to online channels, organizations face an urgent need to detect and prevent malicious activities. AI-driven systems excel at processing data sets, identifying anomalies, and flagging suspicious patterns. This capability is vital in sectors such as e-commerce and banking, where digital transactions continue to rise. With digitalization comes heightened vulnerability, leading businesses to prioritize advanced fraud prevention strategies. By automating processes and enhancing accuracy, AI solutions reduce operational costs, enabling faster responses to emerging threats and sustaining market momentum. This connectivity surge spurs investments in robust AI infrastructure, further supporting market expansion.
E-commerce expansion is a major driver for AI-based fraud detection tools, as online retailers handle immense transaction volumes and process sensitive consumer data. With digital marketplaces becoming increasingly global, fraudulent actors exploit cross-border opportunities, requiring sophisticated detection capabilities. AI-powered solutions help merchants analyze real-time behavior, identify payment anomalies, and swiftly mitigate risks. The heightened adoption of mobile commerce and digital wallets further intensifies the need for robust solutions, as cybercriminals continuously evolve tactics to bypass traditional security measures. By leveraging machine learning algorithms, e-commerce platforms can adapt to emerging threats, reducing chargebacks and safeguarding customer trust. This growth in online retail consequently accelerates investment in advanced fraud prevention technologies, ensuring sustainable market expansion worldwide. Enterprises allocate bigger budgets, ensuring coverage.
Regulatory and compliance pressure strongly influences the AI-based fraud detection tools market, as governments and industry bodies introduce stringent rules to protect consumers and maintain financial stability. Organizations must comply with data privacy standards, anti-money laundering protocols, and other directives that demand robust monitoring systems. AI-driven solutions offer real-time alerts and sophisticated analytics, enabling businesses to address compliance requirements more effectively. By automating risk assessments, these tools significantly reduce manual intervention, decreasing operational costs and mitigating potential penalties. Additionally, regulators often encourage the adoption of advanced technologies, driving further innovation in fraud prevention methods. The emphasis on accountability compels companies to invest in high-performance detection platforms. Consequently, this regulatory climate underscores the essential role of AI in safeguarding global markets.
Evolving fraud tactics continually push AI-based fraud detection tools to adapt and improve. Cybercriminals employ increasingly sophisticated methods, such as identity spoofing, account takeovers, and synthetic identities, that challenge traditional rule-based systems. AI-powered solutions remain agile by leveraging machine learning models capable of learning from historical data and adjusting to emerging threats. As criminals refine their strategies, these tools upgrade algorithms to detect subtle anomalies that may indicate malicious intent. This dynamic environment fosters a cycle of continuous enhancement, driving demand for robust and responsive solutions. Collaboration between industry stakeholders, including financial institutions and technology providers, also promotes intelligence sharing, helping stay ahead of evolving schemes. Consequently, the market for AI-based fraud detection continues to flourish worldwide.
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AI-BASED FRAUD DETECTION TOOLS MARKET SHARE
North America leads in early adoption, driven by strong investments in machine learning and data analytics within the financial sector.
Europe follows closely, emphasizing data privacy regulations that shape fraud detection requirements.
In the Asia-Pacific region, rapid digital growth, rising e-commerce activities, and large unbanked populations create ample opportunities for innovative fraud prevention strategies.
Key Companies:
- IBM
- Microsoft
- Accertify
- Seon
- Kount
- Alessa
- Veridas
- Riskified
- ClearSale
- Advarisk
- Sift
- Signifyd
- Emailage
- ArkOwl
- Mastercard(Ekata)
- TruValidate
- Threatmetrix
- CyberSource
- FraudHunt
- OneSpan
- Ethoca
- Visa
- RSA Security
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Fintech PR
Banking at the Bottom of the World: Diebold Nixdorf ATMs Now Serving Antarctica

With the addition of ATMs in McMurdo Station, Diebold Nixdorf now boasts a presence on all seven continents.
NORTH CANTON, Ohio, April 2, 2025 /PRNewswire/ — Diebold Nixdorf (NYSE: DBD), a world leader in transforming the way people bank and shop, announces the successful installation of two DN Series® ATMs at the U.S. National Science Foundation (NSF) McMurdo Station, Antarctica. Operated by Wells Fargo, the new cash dispensers replace the previously installed units, further enhancing accessibility to cash in one of the world’s most remote locations.
NSF McMurdo Station is Antarctica’s largest research and logistics hub, supporting a fluctuating population ranging from fewer than 200 residents in the winter to up to 1,100 individuals during the summer months (October through February). The ATMs play a crucial role in the station’s economy, providing residents with access to cash for daily transactions at cafes, the general store and the post office.
Chris Mande, Head of Branch Transaction Management at Wells Fargo, said: “Wells Fargo is proud to continue supporting the community at NSF McMurdo Station by providing reliable access to cash. The new Diebold Nixdorf ATMs will help ensure that all personnel there have the cash they need to participate in the local economy effectively. This is essential since the next closest ATMs are thousands of miles away.”
DN Series was designed for always-on availability and provides consumers with a more secure banking experience. While one ATM at the station is actively in use, the second serves as a backup for spare parts, facilitating uninterrupted service in this isolated area. With no conventional banking infrastructure in Antarctica, these machines are the only ATMs on the entire continent.
The ATMs are connected to DN AllConnectSM Data Engine, which leverages Internet of Things (IoT) connectivity, machine learning and artificial intelligence (AI) to ensure availability. A dedicated team monitors technical data that is continuously aggregated and analyzed to identify an impending failure, enabling remote diagnostics. The ATM can be repaired by the trained staff at NSF McMurdo Station, or the Diebold Nixdorf service team can remotely guide them through the repair process.
Joe Myers, EVP of Global Banking at Diebold Nixdorf, said: “Our service team’s commitment to not only transporting and installing the DN Series ATMs but also thoroughly training the staff at NSF McMurdo Station underscores our commitment to delivering essential banking services where they are needed most. By focusing on service excellence and maintaining a strong global supply chain, we can deliver seamless banking solutions to even the most isolated locations.”
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 34 on Fortune’s 2024 rankings of America’s largest corporations. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.
Additional information may be found at www.wellsfargo.com
LinkedIn: https://www.linkedin.com/company/wellsfargo
About Diebold Nixdorf
Diebold Nixdorf, Incorporated (NYSE: DBD) automates, digitizes and transforms the way people bank and shop. As a partner to the majority of the world’s top 100 financial institutions and top 25 global retailers, our integrated solutions connect digital and physical channels conveniently, securely and efficiently for millions of consumers each day. The company has a presence in more than 100 countries with approximately 21,000 employees worldwide. Visit www.DieboldNixdorf.com for more information.
X: @DieboldNixdorf
LinkedIn: www.linkedin.com/company/diebold
Facebook: www.facebook.com/DieboldNixdorf
YouTube: www.youtube.com/dieboldnixdorf
DN-B


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Fintech PR
Sapiens Introduces Next-Generation Enhancements for Life & Annuities Insurers with Updated IllustrationPro and ApplicationPro

Latest releases elevate automation, risk intelligence, and customization to drive seamless policy management and superior agent experience
ROCHELLE PARK, N.J., April 2, 2025 /PRNewswire/ — Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced the latest release of Sapiens IllustrationPro and Sapiens ApplicationPro, which deliver cutting-edge enhancements designed to meet the evolving needs of insurers. Driven by industry trends and direct user feedback, the updates provide greater automation, risk intelligence, and operational efficiency to transform how agents and advisors illustrate policies to applicants, manage business users, and integrate with underwriting and sales platforms, optimizing the agent/advisor experience.
As part of the new release, Sapiens IllustrationPro for Life & Annuities – a recipient of Celent’s prestigious Luminary Award and two XCelent Awards – takes illustration capabilities to the next level. This update provides insurers with unprecedented flexibility, control, and intelligence in managing illustrations and integrating with underwriting and sales platforms. Advanced solve capabilities allow for greater customization of premium and face amount searches, and a powerful new Report Editor enables effortless modifications to reports without IT intervention. Enhanced APIs and deep-linking functionality streamline workflows, ensuring a seamless and connected experience for agents and advisors.
With the latest release of ApplicationPro for Life & Annuities, insurers benefit from a more streamlined, compliant, and user-friendly process that enhances automation, risk assessment, and policy change management. New features such as Manager Review for oversight and compliance, AI-driven risk detection, and seamless API integrations empower insurers to accelerate underwriting, reduce errors, and improve agent efficiency. The upgraded user management interface simplifies administration, eliminating manual configurations and offering real-time access to application data.
“By continuously evolving our solutions, we enable insurers to meet market demands with agility, efficiency, and confidence,” said Roni Al-Dor, President and CEO of Sapiens. “The latest releases of IllustrationPro and ApplicationPro reinforce our commitment to innovation, providing insurers with the tools to drive superior agent and customer experiences while optimizing their operations.”
Both solutions are now available, empowering insurers to modernize their digital ecosystems and enhance operational performance.
Sapiens IllustrationPro is an award-winning, cloud-based illustration and quoting solution that delivers a fast, intuitive experience for advisors. Powered by a robust calculation engine, it supports complex new business and in-force illustrations with a library of more than 4,500 calculations for life, health, and annuity insurance.
Sapiens ApplicationPro is an award-winning, web-based eApp solution available as a modular, standalone system or seamlessly integrated with Sapiens Insurance Platform. It enhances efficiency by reducing time-to-issue, eliminating Not in Good Order (NIGO) applications, and lowering policy acquisition costs.
About Sapiens
Sapiens International Corporation (NASDAQ and TASE: SPNS) is a global leader in intelligent insurance SaaS-based software solutions. With Sapiens’ robust platform, customer-driven partnerships, and rich ecosystem, insurers are empowered to future-proof their organizations with operational excellence in a rapidly changing marketplace. Our SaaS- based Solutions help insurers harness the power of AI and advanced automation to support core solutions for property and casualty, workers’ compensation, and life insurance, including reinsurance, financial & compliance, data & analytics, digital, and decision management. Sapiens boasts a longtime global presence, serving over 600 customers in more than 30 countries with its innovative offerings. Recognized by industry experts and selected for the Microsoft Top 100 Partner program, Sapiens is committed to partnering with our customers for their entire transformation journey and is continuously innovating to ensure their success. For more information visit https://sapiens.com or follow us on LinkedIn.
Investor and Media Contact :
Yaffa Cohen-Ifrah
Sapiens Chief Marketing Officer and Head of Investor Relations
Email: Yaffa.cohen-ifrah@sapiens.com
Forward Looking Statements
Certain matters discussed in this press release that are incorporated herein and therein by reference are forward-looking statements within the meaning of Section 27A of the Securities Act, Section 21E of the Exchange Act and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, that are based on our beliefs, assumptions and expectations, as well as information currently available to us. Such forward-looking statements may be identified by the use of the words “anticipate,” “believe,” “estimate,” “expect,” “may,” “will,” “plan” and similar expressions. Such statements reflect our current views with respect to future events and are subject to certain risks and uncertainties. There are important factors that could cause our actual results, levels of activity, performance or achievements to differ materially from the results, levels of activity, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to: the degree of our success in our plans to leverage our global footprint to grow our sales; the degree of our success in integrating the companies that we have acquired through the implementation of our M&A growth strategy; the lengthy development cycles for our solutions, which may frustrate our ability to realize revenues and/or profits from our potential new solutions; our lengthy and complex sales cycles, which do not always result in the realization of revenues; the degree of our success in retaining our existing customers or competing effectively for greater market share; the global macroeconomic environment, including headwinds caused by inflation, relatively high interest rates, potentially unfavorable currency exchange rate movements, and uncertain economic conditions, and their impact on our revenues, profitability and cash flows; difficulties in successfully planning and managing changes in the size of our operations; the frequency of the long-term, large, complex projects that we perform that involve complex estimates of project costs and profit margins, which sometimes change mid-stream; the challenges and potential liability that heightened privacy laws and regulations pose to our business; occasional disputes with clients, which may adversely impact our results of operations and our reputation; various intellectual property issues related to our business; potential unanticipated product vulnerabilities or cybersecurity breaches of our or our customers’ systems; risks related to the insurance industry in which our clients operate; risks associated with our global sales and operations, such as changes in regulatory requirements, wide-spread viruses and epidemics like the coronavirus epidemic, and fluctuations in currency exchange rates; and risks related to our principal location in Israel and our status as a Cayman Islands company.
While we believe such forward-looking statements are based on reasonable assumptions, should one or more of the underlying assumptions prove incorrect, or these risks or uncertainties materialize, our actual results may differ materially from those expressed or implied by the forward-looking statements. Please read the risks discussed under the heading “Risk Factors” in our Annual Report on Form 20-F for the year ended December 31, 2023, to be filed in the near future, in order to review conditions that we believe could cause actual results to differ materially from those contemplated by the forward-looking statements. You should not rely upon forward-looking statements as predictions of future events. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that future results, levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or will occur. Except as required by law, we undertake no obligation to update publicly any forward-looking statements for any reason, to conform these statements to actual results or to changes in our expectations.
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Fintech PR
Wirex Private Introduces $10 Million Crypto-Backed Loans for Enhanced Wealth Management

MILAN, April 2, 2025 /PRNewswire/ — Wirex Private, an award-winning platform for High-Net-Worth clients, has announced the launch of crypto-backed loans, now offering loans of up to $10 million as part of its expanding suite of exclusive services.
This new offering provides high-net-worth individuals with greater financial flexibility, allowing them to unlock liquidity without selling their digital assets. Clients can now leverage not just Bitcoin (BTC) but also other major cryptocurrencies, including Ethereum (ETH), XRP, and more, for tailored loan solutions.
The service is designed to help clients optimize their wealth management strategies by offering:
- Custom Loan Terms: Structured to align with individual financial goals.
- Tailored Credit & Liquidity Solutions: Responsible capital access for strategic wealth management.
- Flexible Repayment Options: No early repayment penalties, ensuring maximum financial control.
- Strategic Liquidity Access: Enabling clients to leverage their crypto assets without selling holdings.
Pavel Matveev, Co-Founder of Wirex Private, commented: “We’re always looking for ways to make digital assets more practical for everyday financial management. This loan service is a natural step in helping investors use their crypto holdings—whether BTC, ETH, or stablecoins—without giving them up.”
Wirex operates under strict financial regulations across multiple jurisdictions, ensuring the highest compliance and security standards. Unlike short-term speculation, this loan service is designed for long-term financial planning and responsible asset management.
Ronald Loh, Head of Wirex Private, added: “Our clients want flexible ways to access funds without having to sell their crypto. These crypto-backed loans give them the liquidity they need while keeping their long-term investments intact, whether they hold Bitcoin, Ethereum, or other major digital assets.”
High-net-worth clients benefit from priority handling, streamlined compliance processes, and personalized financial solutions. As Wirex continues to expand its premium services, these crypto-backed loans reinforce its position as a leader in digital asset finance.
For more information about Wirex Private’s crypto-backed loan offerings, please visit the website.
Wirex’s commitment to innovation has been recognized with over 20 different industry awards, including Best Digital Banking Platform at the Fintech Breakthrough Awards 2025 and Best Use of Digital Currencies – Assets in Financial Services at the Pay 360 Awards 2024.
As part of its ongoing mission to enrich the Wirex Private program and provide added value to its members, Wirex has recently introduced Wirex Travel. This exclusive travel booking platform is designed to meet the needs of high-net-worth clients by offering luxury holiday experiences at exceptional discounts. Additionally, Wirex Travel offers users up to 65% off hotel prices and up to 8% cashback, making premium getaways more rewarding than ever.
Whether looking for a serene retreat or an adventurous getaway, Wirex Private members can now enjoy unparalleled travel benefits tailored to their lifestyle.
About Wirex
Wirex is a prominent UK-based digital payments platform with over 6 million customers spread across 130 countries. It offers secure accounts, making it easy for users to store, purchase, and exchange multiple currencies seamlessly. As a principal member of both Visa and Mastercard, Wirex goes beyond traditional services, embracing the evolving trends of Web3 to provide mainstream access to digital finance and wealth management. Having processed transactions totalling $20 billion, Wirex aims to contribute to the adoption of a cashless society by facilitating straightforward transactions in various currencies worldwide. Wirex is simplifying digital payments, making it more accessible and convenient for people across the globe.
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