Remove 2022 Remove Account Takeovers Remove Deepfake
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Six Alums Raised More Than $16 Million in Q3 2024

Finovate

Previous quarterly comparisons Q3 2023: More than $293 million raised by eight alums Q3 2022: More than $1 billion raised by eight alums Q3 2021: More than $1.1 In terms of the number of alums that reported receiving funding, as well as the amounts invested, Q3 alum funding for this year is as low as it has been in quite some time.

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Taking the Preemptive Strike to Thwart Rising Scams and Fraud in ASEAN Banking

Fintech News

From December 2021 to January 2022, close to 800 individuals fell victim to an SMS phishing scam where fraudsters impersonated OCBC. Frederic Ho, VP, Asia Pacific, Jumio “However, with the rise of advanced deepfake and face-swapping technologies, relying solely on biometric identity verification is no longer adequate.

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Em Conversa: Fighting AI Fraud With AI With Lynx Tech

The Fintech Times

Em Conversa looks to uncover what the future of fintech could look like in the region, following a $2.1billion valuation in 2022. Behavioural biometrics Other key AI-powered fraud prevention approaches gaining traction in the region include behavioural biometrics to detect account takeovers. million by the end of 2024.

AI 57