The company’s Dubai office will provide increased support of its Total Fraud Protection solution available to all financial institutions and enterprises through strategic partners.
According Markets & Markets, an research firm projected there is a huge gap between the wealth and anti-fraud mechanisms in the region, which is going to fuel a strong growth in anti-fraud solutions such as authentication growing from a projected $294.1 million in 2015 to $545.5 million in 2018 and fraud analytics solutions projected at $157.5 million to $294.7 million for the same period.
“Fraud incidents cause tremendous loses to corporations from both a financial and reputation perspective. Corruption, bribery, financial loss and theft of intellectual property are among the most prevalent fraud incidents in this region. As the number of fraud incidents rise at an all-time concerning speed, businesses can no longer run without having complete fraud protection solutions in place. The Middle-East represents an important area of growth and expansion and we look forward to helping companies in this region fight against criminal fraud activity while protecting their end users in a non-intrusive way.” said Ricardo Villadiego, CEO for Easy Solutions.
Easy Solutions’ product portfolio delivers cross-channel, multi-platform, flexible fraud protection across transactions performed on online and mobile platforms as well as via ATMs, Point-of-Sale terminals and Interactive Voice Response (IVR) systems for organizations across a range of industries, including financial services, retail and telcos.
