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APAC demand for fraud detection tech surges. The global insurance fraud detection market, valued at $4.2b in 2023, is ...
Insurance fraud has long been one of the industry’s toughest challenges. False claims, forged documents, and hidden patterns of collusion cost insurers billions each year. The real casualty, however, ...
Financial fraud loss is on the rise. In 2024, 40% of financial institutions saw an increase in fraud-related losses compared to 2023. The cost of fraud loss for financial institutions goes beyond ...