FinCEN warns banks about deepfake threat
Finextra
NOVEMBER 14, 2024
The US Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has issued an alert to help banks to spot GenAI-generated deepfake scams.
Crime Deepfake Scams 
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Digital Document Forgeries Overtake Physical Forgeries For the First Time As Deepfakes on the Rise
The Fintech Times
NOVEMBER 20, 2024
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. It is essential for preventing fraud and financial crime. Deepfake attacks occurred at a rate of one every five minutes in 2024.
Three ways APP mandatory reimbursement can work for PSPs and victims of fraud and scams
The Payments Association
OCTOBER 21, 2024
The UK’s increasing fraud and scam problem, focusing on new regulations mandating automatic reimbursement for APP fraud victims. The UK’s fraud and scams problem is not going away. Fraud still accounts for almost 40% of all crime in England and Wales, and with an estimated 3.2 What is this article about? What’s next?
Undetectable Scams: How the Combination of Deepfakes and Large Language Models Will Change the Game
BioCatch
DECEMBER 6, 2023
Just because they chose a life of crime doesn’t make them inherently lazy. In fact, they’ve demonstrated a level of creativity and problem solving that has made digitally enabled crimes, such as scams, harder and harder to stop. Criminals aren’t slouches when it comes to technology – quite the contrary.
Deepfakes Threaten To Become The New BEC Scam
PYMNTS
AUGUST 24, 2020
The business email compromise (BEC) scam continues to rear its ugly head at the enterprise, with the global pandemic creating even more avenues through which cyber attackers can steal company money. At the heart of BEC and other scams is impersonation. The Pandemic's Security Impact.
The PSR’s new fraud refund rules: A step forward, but is it enough?
The Payments Association
OCTOBER 22, 2024
As fraud continues to rise, especially with the emergence of AI-powered scams, is this new regulation enough to tackle the ever-evolving threat of financial fraud? As scams become more advanced, even the most cautious consumers are falling victim. AI is a double-edged sword in fraud prevention.
Automated Bot Attacks Surge on Social Media in 2024, AU10TIX Reveals
The Fintech Times
SEPTEMBER 11, 2024
Bots and deepfakes The rise of bots using deepfake technology to create convincing fake profiles poses an additional challenge. Bots and deepfake tech are enabling criminals to automate complex scams that used to take a lot more effort, making them incredibly efficient and dangerous,” said Dan Yerushalmi , CEO of AU10TIX.
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