Fintech News
JULY 24, 2024
A recent study by Jumio , a provider AI-driven identity verification and compliance solutions, has found that a significant majority of Singapore consumers are concerned about the impact of deepfakes on the upcoming elections. This approach mirrors South Korea’s recent 90-day ban on deepfakes before its April 2024 election.
The Fintech Times
AUGUST 14, 2024
Generative AI, when used correctly, can be a great tool that aids innovation. In the wrong hands, however, it can be incredibly harmful, especially with the emergence of deepfakes. Seventy per cent believe these fakes using generative AI will have a big impact on their organisations. AI: friend or foe?
The Fintech Times
NOVEMBER 20, 2024
Artificial intelligence (AI) has emerged as a key component in the modern fight against fraud. In its sixth edition, the 2025 Identity Fraud Report found that attacks involving deepfakes happened every five minutes in 2024, and digital document forgeries increased by 244 per cent year over year. per cent of attacks globally).
Fintech News
NOVEMBER 6, 2024
Ant International is employing advanced artificial intelligence (AI) technologies to streamline and secure cross-border transactions for nearly 100 million SMEs across over 200 markets. One of its key innovations is an AI-powered foreign exchange (FX) model capable of predicting currency exchange rates hourly.
Evolve Payment
OCTOBER 22, 2024
Table of Contents We’ve all seen the convincing fake videos of politicians and prominent business influencers created by AI. These AI-created images, videos, and audio content, called deepfakes, showcase how advanced AI generation tools have become.
Fintech News
MAY 14, 2024
The convergence of exponential increases in processing power, continuous advancements in deep learning and neural networks, and the democratisation of AI tools has fueled a creative explosion in digital media. Deepfakes have since evolved into a formidable challenge for conventional identity verification methods.
Fintech News
JUNE 26, 2024
A recent study by Jumio , a provider AI-driven identity verification and compliance solutions, has found that 78% of consumers in Singapore are ready to change banks due to inadequate fraud protection. The increasing sophistication of fraud tactics, such as deepfakes and voice cloning, has heightened these concerns.
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