2025年霜冻；沙利文雷达报告

Authoredby:DeepaliSatheContributor:JaradCarleton StrategicImperativeandGrowth StrategicImperative •Companiesofallsizeshaveexperiencedanunprecedentedincreaseinfraudinthelast2to3years.Thefrauddetectionandprevention(FDP)industryfacesaunique challengeasfraudstersandsolution •FraudstersexploitAItoexecutesophisticatedattacksonunsuspectingconsumers,constantlyevolvingtheirtacticstooutsmartfraudpreventionmeasures.Inresponse,FDPprovidersutilizeAI-enabledsolutionstoanalyzefraudpatterns,gathernetworkintelligence,andmakemoreinformeddecisions •FDPsolutions deployadvancedtechnologiestoinvestigatesuspiciousbehaviors,anomalouspatterns,andinconsistentdataandestablishbeyondareasonabledoubttheauthenticityofatransactionandidentity.VendorsprovideeitheroneorbothofthefollowingcapabilitiesaspartoftheirFDPsolutions, oKnowYourCustomer(KYC):IdentityproofingandverificationoKnowYourUser(KYU):Authenticationandbehavioralbiometrics •ThisFrostRadarfocuseson vendorsthatprovideKYUsolutions in theirportfolio.TheKYUapproachutilizesbehavioralbiometricsandauthenticatestheclaimedidentityoftheuser,withoutidentifyingwhotheuseris.Variablescollectedduringusers’interactionswiththedeviceorapplicationareuniqueandconfirmwhouserssaytheyare.Variablesincludemouseactivity,keystrokemovement,theangleat StrategicImperative(continued) •Inconjunctionwithotherdata,suchasgeo-locationanddeviceintelligence,FDPsystems,uponidentifyingarisk,mayincreaseuserfrictionandstepupauthentication.Continuousauthenticationis •Financialcrimes,suchastaxevasion,corruption,transferof fundstofacilitateillegalactivities,andhumananddrugtraffickingareaspectsofmoneylaundering.Anti-moneylaundering(AML)lawsandregulationsinhibitaccess,conversion,andtransferofillegal fundsaslegitimateincome.VendorsdeployAI,machine GrowthEnvironment •TheglobalFDPmarketisonagrowthtrajectoryacrossallregions.Frost&SullivanresearchshowsthatenterprisesareincreasinginvestmentsinFDPandrecognizeitasacriticalsecuritylayer. •Fraudhasseenanexponentialincreaseinthelastfewyearswithinstancesofaccounttakeover(ATO),deepfakes,stolencredentials,friendlyfraud,chargebacks,videoinjections, romancescams,andmanyothersontherise.Fraudstersareusingadvancedtechnology forconsistentand sophisticatedattacksthattraditionalFDPmethodsmaynotdiscover.Manualmanagement offraudattemptsisimpossible •First-partyfraud(alsoknownasfriendlyfraud),inwhichusershavelegitimatecardsandaccountsbutresorttofraudulentpractices,suchaspromotionsabuse,returnfraud,andgoodsnotreceived,hasincreased.Vendorsuseintelligencefromconsortiaandbehavioralanalyticstohelpcompanieswardoffsuchthreats:ifthefraudsterswere tochangeloyalties andmovetoothercompanies,vendorscould •Thereisashortageofexperts―thosethatunderstandfraudandadvancedtechnology—acrosstheindustry.ThedemandforautomatedandAI/ML-poweredsolutionsthatcanproviderelevantinsightsisincreasing,andFDPsolution providersarebestequippedtosatisfyit.AIandMLareatthecoreofresearchanddevelopment(R&D)formanyvendors.Thisisimperativebecausefraudsters alsoemployadvancedtechnologiestomaketheir attacksmoresophisticated, frequent,andpersistent.GenAItohelp •Vendorsarealsoextendingcapabilitiestocurbfraudstersbyincludinginsightsfromthenetwork, FrostRadar:FraudDetectionand FrostRadar:FraudDetectionandPrevention(KnowYour FrostRadar •FDPisan extremelyfragmentedmarket,andmanyvendorsprovideKYUcapabilities.Asfraudevolves, •The vendorsincludedonthe FrostRadaremergedaheadofothers that also offersomecomponentsofKYU.Thevendorsincludedhere haveregisteredrevenuegrowthandexpandedtheircapabilitiesandmarketpresence.Theyformulated effectivegrowthandinnovationstrategiesandareinvestingintheirvisionsandmissionsbydeployingadvanced technologies,introducingnewproducts,andaligning •InnovationisanimperativebecausetraditionalFDPsolutionswillnotbeabletocounterthesophisticated •VendorsthatqualifiedforinclusionontheFrostRadarbutwereunabletosharerequiredinformationinthestipulatedtime(withoutwhichitwasnotpossibletocompleteananalysis)wereexcludedfromconsideration.Vendorsthathaveonlyrecentlycomeoutofstealthalsowere notincluded.Frost&Sullivanexpectssomeof thesevendorstobeincludedin subsequentFrostRadaranalyses. •Ofthe14vendorsinthis FrostRadar,AU10TIX,Entrust,LexisNexisRiskSolutions,SEON,Sumsub,Kount,andNiceActimizearealsoincludedinthecompanionKYCFrostRadar.KYCisasetofdifferentbutcomplementarycapabilities. TheuseofpersonallyidentifiableinformationsetsKYCapartfromKYU •Thevendorsinthisanalysiscatertoavarietyofverticals, butsomearespecialistsinBFSIandretail. FrostRadarCompetitiveEnvironment(continued) •BioCatchhasan unwaveringfocusonBFSI.Targetinglargebanksdirectly andmidsizedbanksviaitspartners,itsproductportfolioreflectsitsfocusonaddingvaluetoitscustomers’businesses,suchaswithBioCatchTrustNetwork,whichallows bankstoshareinformationwithinaclosednetwork.Itspositionon theFrostRadarindicatesthesuccessofitsapproach andpotentialtogrowinthesector.NICE asindicatedby itspositionontheFrostRadar.ItsfocusonAMLandcurbingfinancialcrimeisreflected •Vendorswithastro