The Fintech Times

MARCH 28, 2024

According to its findings, Travel Rule remains one of the two main challenges for crypto companies worldwide, the other one being more advanced fraud methods such as AI-generated deepfakes. The post Sumsub Integrates Travel Rule Solution with Binance, Supporting VASPs Globally appeared first on The Fintech Times.

Travel Rule 64

Travel Rule Rules Interoperability Deepfake 64

Finovate

FEBRUARY 8, 2024

“Deepfakes and synthetic identity are driving a global need for a powerful level of identity assurance that facilitates crucial digital journeys in banking, finance, government, travel, and more,” Wilkinson said. Photo by fauxels The post Entrust Confirms Plans to Acquire Onfido appeared first on Finovate.

Acquirers 52

Acquirers Verification Deepfake AI 52

Fi911

OCTOBER 11, 2023

They ensure the face is genuine without requiring direct user participation. The system can discern real individuals from static visuals, or people using deepfake technology to impersonate another user. Benefits of Liveness Detection The dawn of deepfakes and sophisticated spoofing has necessitated advanced countermeasures.

Deepfake 52

Deepfake Verification Authentication Breach 52

Finovate

FEBRUARY 1, 2024

She is an expert in synthetic media, deepfakes, disinformation, cybersecurity, and the geopolitics of technology. Nina Schick, Author, Generative AI Expert, Founder at Tamang Ventures Schick is an author, advisor, and keynote speaker, specializing in how technology is transforming politics and society in the 21st century.

Metaverse 52

Metaverse Deepfake AI Authorization 52

Fintech News

FEBRUARY 18, 2024

As Sumsub gears up for its participation in Seamless Asia, this partnership serves as a beacon for businesses seeking to navigate the complexities of digital payments verification. This includes the development of proprietary technologies such as workflow builders, liveness and deepfake detection, and mechanisms to adhere to the travel rule.

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Verification Travel Rule Multi-Currency Compliance 112

The Fintech Times

JANUARY 17, 2024

Risks include deepfakes, sophisticated cyber hacks, and the use of generative AI to create malware. Every compliance executive we surveyed said that they are either currently participating in an authorised push payment (APP) program or will in the near future.

AI 59

AI Financial Crimes Crime Security 59

Fintech News

MARCH 5, 2024

Through this payment linkage launched in December 2023, individuals can pay for goods and services by scanning the Hong Kong FPS QR code or the Thai PromptPay QR Code at participating merchants. Singapore witnessed a staggering 33% rise in deepfakes in Q2 2023, highlighting a global escalation of this threat.

Embedded Finance 97

Embedded Finance APACS Financial Inclusion CBDC 97

Fintech News

MARCH 5, 2024

Through this payment linkage launched in December 2023, individuals can pay for goods and services by scanning the Hong Kong FPS QR code or the Thai PromptPay QR Code at participating merchants. Singapore witnessed a staggering 33% rise in deepfakes in Q2 2023, highlighting a global escalation of this threat.

Embedded Finance 86

Embedded Finance APACS Financial Inclusion CBDC 86

Seon

SEPTEMBER 28, 2023

Digital hygiene : Regularly disposing of old computer files and exercising caution when posting on social media. The Benefits of Security Awareness Training Security awareness training and post-training tests keep businesses’ operations secure, reducing the risk of financial loss, reputational damage, and regulatory fines.

Security 52

Security Phishing Best Practices Data Breach 52