Insights on anti-fraud technology trends and adoption
The 2024 ACFE Anti-Fraud Technology Benchmarking Report shows how organizations use data analytics and tech to fight fraud. Key findings:
- Over 90% use data analysis like exception reporting and anomaly detection, with AI and machine learning adoption expected to nearly triple in two years.
- Disbursements and purchasing are top risk areas monitored, with internal structured data as the main source.
- Biometrics and robotics adoption is rising, with over 50% planning to use computer vision, robotics, and behavioral biometrics.
- Budget limits and data quality/integration are challenges, but 59% expect to boost anti-fraud tech budgets in two years.
Read the full report for benchmarks and best practices.