Neopay

JANUARY 22, 2025

Fraudsters are exploiting GenAI tools such as large language models (LLMs), voice cloning, and deepfakes to carry out increasingly sophisticated scams that are harder to detect and prevent. Romance fraud: Deepfake images and videos help fraudsters create convincing personas to manipulate victims emotionally and financially.

AI 59

AI Deepfake Phishing Audit 59

The Fintech Times

SEPTEMBER 11, 2024

Automated bot attacks on social media surged dramatically in the second quarter of 2024, according to AU10TIX ’s latest Global Identity Fraud Report. This rise highlights growing concerns about the ability of social media platforms to detect and combat organised fraud, particularly as bots become more sophisticated.

Bots 59

Bots Deepfake Automation APACS 59

PYMNTS

DECEMBER 5, 2019

The rise of deepfakes — the eerily lifelike impersonations that superimpose heads onto bodies and bodies onto heads in seamless ways that integrate speech and movement, where nothing is as it seems — may be good for a laugh. The best defense against the fraudster armed with AI is to use AI to fight the battle.

Deepfake 55

Deepfake Verification Authentication AI 55

Fintech News

MARCH 20, 2024

This tool is designed to help businesses tackle fraud rings, account takeovers, chargeback fraud, and bot attacks. Fraud networks, however small they may seem right now, will gain prominence, just like AI-powered deepfakes. said Pavel Goldman-Kalaydin, Head of AI/ML at Sumsub.

APACS 107

APACS Fraud Prevention Deepfake Account Takeovers 107

Finovate

AUGUST 14, 2024

From the challenge of AI-powered deepfakes to the sad fact that many of our own bad habits continue to keep fraudsters in business, fintechs are busy developing solutions to help us get and stay at least one step ahead of the bad guys. More specifically, Experian is looking to bolster its defenses against AI-generated fraud threats.

Credential 64

Credential FinTech Deepfake Fraud Detection 64

Finovate

NOVEMBER 26, 2024

Agentic AI solutions provider for community banks and credit unions, interface.ai , has introduced a pair of new tools to help fight deepfake fraud. interface.ai’s device biometrics solution uses device-based fingerprint and facial recognition technology to authenticate users over voice and chat AI. CEO Srinivas Njay said.

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Deepfake Bots Credit Union AI 115

The Fintech Times

OCTOBER 30, 2024

Money20/20 report shows surge in AI use by fintechs and financial institutions At its US show, Money20/20, in partnership with Acrew Capital , launched the All in on AI: Financial Services AI Adoption Index , which tracks AI usage across 221 financial institutions globally. Today, that changes.”

Deepfake 59

Deepfake Verification BNPL Payment APIs and Integration 59