The Credit Card Fraud Detection Platform Market is emerging as a critical defense against the global surge in financial fraud. With the rapid digitalization of banking services, cases of credit card fraud have increased significantly. AI-powered systems are now being trained to differentiate between suspicious activities and legitimate transactions with greater precision. According to UK Finance data, a total of £629.3 million was stolen in the first half of 2025, marking a 3% rise in losses and a 17% increase in fraud cases compared to the same period in 2024.
To address this growing threat, the Credit Card Fraud Detection Platform Market is evolving in response to new regulations. The UK’s Payment Systems Regulator (PSR) now mandates that banks refund fraud victims up to £85,000 within five days. These stricter rules are driving financial institutions to enhance their AI-driven fraud detection systems, which can analyze vast datasets, identify complex anomalies, and provide real-time customer protection.
According to Grand View Research, the global credit card fraud detection platform market stood at $3.64 billion in 2024, and the Artificial Intelligence (AI)/Machine Learning (ML) segment dominates it on the basis of technology.
Top AI Tools Transforming the Credit Card Fraud Detection Platform Market
The Credit Card Fraud Detection Platform Market is rapidly evolving as financial institutions and fintech firms adopt advanced AI-driven tools to combat the rising incidence of fraud. These platforms use real-time data analysis, behavioral analytics, and machine learning to distinguish between legitimate and suspicious transactions with high precision. Below are some of the most innovative tools reshaping fraud prevention in 2025.
Feedzai
Feedzai is a leader in the Credit Card Fraud Detection Platform Market, known for its real-time scoring across cards, ACH, wallets, and multi-channel behavior. The company has invested heavily in MLOps and GenAI research to enhance anomaly detection. Built as an “AI-native” risk platform, Feedzai integrates device intelligence with behavioral analytics to deliver proactive fraud prevention. In October 2025, the European Central Bank (ECB) selected this Portuguese startup to help prevent fraud in its upcoming digital euro project — a major validation of its technology.
Stripe Radar
Stripe’s AI-powered tool, Radar, is revolutionizing fraud detection in the Credit Card Fraud Detection Platform Market. By leveraging its extensive global payments network, Stripe trains machine learning models to predict and block fraudulent activity in real time. Its system identifies cross-merchant fraud patterns with minimal setup, reducing engineering overhead. The company reports an 80% reduction in card-testing attacks, highlighting its efficiency for e-commerce and digital payment ecosystems.
Forter
Forter has cemented its reputation within the Credit Card Fraud Detection Platform Market through its powerful transaction decisioning and policy orchestration capabilities. As a Premier Partner in Shopify’s Enterprise Technology Partner Program, Forter provides real-time fraud detection, chargeback mitigation, and trust-based transaction analysis. Its platform enables merchants to make instant “accept, review, or decline” decisions, combining network intelligence and policy automation to protect customer trust at scale.
Hawk AI
Hawk AI stands out as a comprehensive anti-money laundering (AML) and fraud prevention solution. Its transaction monitoring, screening, and overlay tools are designed to integrate seamlessly with existing systems—making it a strong player in the Credit Card Fraud Detection Platform Market. In 2025, it earned the Silver Medal in the Datos Insights Impact Awards for its innovation in AML transaction monitoring. Banks using Hawk AI have reported a reduction of up to 97% in false positives and a doubling of true positive detection rates.
ComplyAdvantage
ComplyAdvantage is redefining financial crime prevention within the Credit Card Fraud Detection Platform Market. Its AI-native risk platform merges real-time data, agentic AI, and predictive machine learning to streamline payment screening and transaction monitoring. In October 2025, the company launched Mesh, a unified AI platform for customer screening and payment analysis. Additionally, its partnership with Greenlite AI introduced AI agents that automate alert management and remediation, significantly reducing false positives and improving case resolution efficiency.
Final Thoughts
The Credit Card Fraud Detection Platform Market has transformed fraud prevention from a reactive process into a proactive, intelligence-driven science. Today’s leading AI platforms go beyond stopping fraud—they act as engines of business resilience and trust. By leveraging machine learning and behavioral analytics, these systems analyze billions of data points to detect anomalies, reduce false positives, and neutralize emerging threats in real time.
Investing in the right solution within the Credit Card Fraud Detection Platform Market is no longer optional—it’s a strategic imperative. It safeguards revenue, enhances customer experience through frictionless verification, and ensures that growth is built on a foundation of uncompromising security and confidence.
