Finovate

SEPTEMBER 10, 2024

After two days of live demos from more than 65 fintech companies, the attendees of FinovateFall 2024 have made their decisions as to which of these innovators will take home Finovate’s coveted Best of Show awards. Assistant , a virtual AI-powered assistant that revolutionizes finance.

Deepfake 105

Deepfake Innovation Advisors Risk Management 105

Nanonets

AUGUST 7, 2023

In a world increasingly dominated by digital imagery, the convergence of artificial intelligence and computer vision has ushered in a new era of innovation. Join us as we dive headfirst into the captivating realm of AI image processing. What is AI Image Processing? How does AI Image Processing Work? 

AI 90

AI Process On-Demand Automation 90

The Fintech Times

JANUARY 17, 2024

Artificial intelligence (AI) has emerged as a new fraud challenge finds ComplyAdvantage , the AI-driven fraud and AML risk detection firm, as it launches ‘The State of Financial Crime 2024’ report. Risks include deepfakes, sophisticated cyber hacks, and the use of generative AI to create malware.

AI 59

AI Financial Crimes Crime Security 59

Fintech News

JANUARY 17, 2024

Synthetic identity fraud on the rise The emergence of AI generative models like DALL-E, ChatGPT, and others rapidly generate fake but credible identities, enabling criminals to create synthetic identities at scale. Fraud-as-a-Service allows automation of attacks The advent of AI generative models also enables new Fraud-as-a-Service offerings.

Deepfake 110

Deepfake APACS Scams Authentication 110

Fintech News

DECEMBER 10, 2023

Getting a grip on identity fraud Sumsub Growing prevalence of AI-driven deepfakes, digital forgeries and identity ‘spoofing’ to obtain valuable personal and business data is impacting industries across the board.

FinTech 103

FinTech Cross-Border Deepfake Cross-Border Payments 103

Seon

MAY 23, 2024

Traditional anti-fraud methods, like device checks, two-factor authentication (2FA), biometrics and security questions, are outdated against emerging innovative technologies that are compelling new forms of sophisticated fraud. The rise of deepfake technology presents another significant threat to biometric authentication systems.

Fraud Prevention 52

Fraud Prevention Deepfake Fraud Detection Authentication 52

Fintech News

JUNE 6, 2024

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. Losses exceeded S$13 million (US$9.59 Malicious actors can now create highly convincing videos, images, or audio recordings with these tools.

Scams 92

Scams Phishing Deepfake Verification 92

PYMNTS

APRIL 5, 2019

Amid Apple ’s efforts to bolster its hardware and software with artificial intelligence (AI), an expert in the field has joined the tech company. GAN systems are also said to have been used for the creation of “deepfake” content. Ian Goodfellow is now a director of machine learning in Apple’s Special Projects Group, CNBC reported.

AI 55

AI Deepfake Research Acquirers 55

Seon

JUNE 27, 2024

We don’t know what AI will look like one year from today. The evolution of AI adds layers of complexity, presenting unprecedented opportunities and significant threats. On the one hand, AI’s capabilities enhance defense mechanisms, enabling the detection and counteraction of fraud with remarkable efficiency.

Cybersecurity 52

Cybersecurity Fraud Detection Identity Theft Money Laundering 52

Finovate

MAY 16, 2024

Digital identity verification innovator Socure announced a partnership with identity-secured transactions company Proof. A new partnership between digital identity verification innovator Socure and identity-secured transactions company Proof will bring new tools to the fight against fraud and forgery in authorizations, contracts, and forms.

Authorization 59

Authorization Verification OFAC Deepfake 59

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.

Deepfake 110

Deepfake Authentication Verification AI 110

The Fintech Times

JUNE 15, 2024

Labour will ensure the safe development and use of AI models by introducing binding regulation on the handful of companies developing the most powerful AI models and by banning the creation of sexually explicit deepfakes.” Here’s what fintechs had to say about the manifesto.

FinTech 59

FinTech Money Laundering Financial Crimes Crime 59

The Fintech Times

DECEMBER 21, 2023

Today we hear insights from payments experts, including the adoption of tap-to-pay technology, the role of blockchain and AI in payments, flexible payment terms, security in authentication methods, PSD3 implementation, vertical-specific solutions, and the rise of digital wallets.

Cross-Border Payments 115

Cross-Border Payments Cross-Border Online and Mobile Banking Payments 115

Finovate

JANUARY 24, 2024

The European financial services scene is continuously evolving thanks to the pulse of innovation, technological shifts, and advances in consumer expectations. Will AI Be More Profound Than The Invention Of The Internet? What Do Financial Institutions Really Need To Understand About Generative AI?

Deepfake 52

Deepfake AI Adjustments Consumer 52

The Fintech Times

MARCH 28, 2024

Jacob Sever , co-founder and chief innovation officer at Sumsub, explained the importance of the development: “Integrating with Global Travel Rule Alliance is a significant milestone for us, underscoring the importance of collaboration in the crypto space.

Travel Rule 64

Travel Rule Rules Interoperability Deepfake 64

Fi911

OCTOBER 11, 2023

As technology continues to evolve at a breakneck speed, we are witnessing an uptick in innovative fraudulent schemes. Through the integration of AI and machine learning, this process becomes more agile, accommodating subtle changes in the user’s appearance, like the addition of spectacles or a change in facial hair.

Deepfake 52

Deepfake Verification Authentication Breach 52

Fintech News

MARCH 5, 2024

This year’s conference promises a wealth of knowledge with over 50 hours of discussions, interactive sessions, and real-world case studies focused on Asian fintech innovation and growth. Singapore witnessed a staggering 33% rise in deepfakes in Q2 2023, highlighting a global escalation of this threat.

Embedded Finance 91

Embedded Finance APACS Financial Inclusion CBDC 91

Fintech News

MARCH 5, 2024

This year’s conference promises a wealth of knowledge with over 50 hours of discussions, interactive sessions, and real-world case studies focused on Asian fintech innovation and growth. Singapore witnessed a staggering 33% rise in deepfakes in Q2 2023, highlighting a global escalation of this threat.

Embedded Finance 81

Embedded Finance APACS Financial Inclusion CBDC 81

Fintech News

FEBRUARY 18, 2024

Singapore is one of the world’s leading hubs for fintech innovation. But with innovation comes risk – especially around identity verification and fraud prevention. It’s a great example of how fintechs and regtechs can collaborate to enable digital finance innovation while building trust.

Verification 107

Verification Travel Rule Multi-Currency Compliance 107

PYMNTS

SEPTEMBER 9, 2019

The cybersecurity world is witnessing a potentially new, dangerous threat: according to insurance firm Euler Hermes, one of its corporates fell victim to cyber fraud after attackers used sophisticated artificial intelligence (AI) technology to impersonate the firm’s chief executive officer by mimicking his voice on the phone.

Cybersecurity 72

Cybersecurity Email Compromise Deepfake Crime 72

Finovate

APRIL 29, 2024

Join Greg as he talks about the next generation of investment and wealth management content with Salman Hussain of Zeed , the value of flexibility in core banking with Richard Weston of Tuum , and the challenge of identity theft, deep fakes, and the escalating AI arms race with Gal Haselkorn of Corsound.ai. With a strong focus on the U.K.

Financial Literacy 69

Financial Literacy Deepfake Identity Theft AI 69

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. Digital identity verification innovator Socure has unveiled its Selfie Reverification solution.

Credential 64

Credential FinTech Deepfake Fraud Detection 64

Fintech News

MARCH 19, 2024

Okta , a publicly traded identity and access management firm, through its investment branch Okta Ventures, supports companies innovating within digital identity, privacy, and security.

MFA 93

MFA Deepfake Credential Privacy 93

Finovate

FEBRUARY 8, 2024

Corsound AI Corsound AI utilizes innovative technology to verify customers’ identities for financial institutions, leveraging over 200 patents to detect AI scams and voice fraud. Finerative Finerative is a Gen-AI native startup bringing generative technology to the financial space.

Payment APIs and Integration 59

Payment APIs and Integration Identity Theft Deepfake AI 59

Finovate

JULY 29, 2024

Here’s wealth manager Josh Brown, a shareholder in the company since 2020, bringing the roses less than a year ago: You can talk as much about cloud and mobile and social and machine learning and distributed computing and generative AI as you’d like, if you can’t secure your data and provide safe access to users, you have nothing.

Cybersecurity 59

Cybersecurity Online and Mobile Banking Deepfake Breach 59

Segpay

NOVEMBER 20, 2023

Key Takeaways AI Advancements and Innovations have revolutionized content generation, user experiences, and personalization in the adult industry. These same technologies have provided innovative solutions to security and privacy challenges. The potential of artificial intelligence or AI advancements in the adult industry.

AI 52

AI Privacy Fraud Detection Indemnification 52

Finovate

JULY 18, 2024

Pindrop expects the funding will enable it to further develop its technologies, which leverage AI to combat fraud and cyberattacks. “This funding will fuel our ongoing growth and innovation in voice and AI technologies. . “This funding will fuel our ongoing growth and innovation in voice and AI technologies.

Deepfake 52

Deepfake Authentication AI Finance 52

Finovate

MARCH 29, 2024

The report revealed an “eight-month-long coordinated identity fraud ‘mega attack’ consisting of organized criminals executing more than 22,000 separate fraudulent onboarding efforts using AI-generated variations on a single passport. Founded in 2021, Noa Srebrnik is co-founder and CEO.

Verification 69

Verification Privacy AI AML 69