Tag: Juniper Research

Financial institutions across Europe are seeing fraud and money laundering become increasingly interconnected issues, driven by digital payment transformation, new criminal typologies and a...

Napier AI, the London-based financial crime compliance specialist, is marking its tenth anniversary with recognition across ten major industry reports. The milestone underscores the company’s...

A new report from Juniper Research, a leader in FinTech and payment market analysis, has found that by 2028 the application of AI in identity verification will dramatically reduce the average digital onboarding check time from over 11 minutes in 2023 to under 8 minutes.

Juniper Research projects global losses from online payment fraud will exceed $362bn over the next five years.

The total number of digital identity apps in use will exceed 4.1 billion globally by 2027, nearly doubling from 2.3 billion in 2023. 

Global software spend on financial crime prevention tools will exceed $28.7bn by 2027, up from $22.1bn in 2023, Juniper Research claims.

AI-powered financial fraud detection spending will exceed $10bn by 2027 as firms try to cope with increasingly complex attacks, according to a report from Juniper Research.

Total revenue generated by travel and expense (T&E) management is expected to reach $16bn by 2027, rising from $8.7bn in 2022.

Global online payment fraud losses are expected to exceed $343bn over the next five years, according to Juniper Research.

The global value of biometrically authenticated remote mobile payments are expected to reach $1.2trn by 2027, rising from $332bn in 2022, according to new findings from Juniper Research.