APAC Fintech Faces 116% Spike in Fraud Linked to Deepfakes, Synthetic IDs
Fintech News
JUNE 12, 2025
Fraud in Asia Pacific’s fintech and healthtech industries has risen sharply over the past year, according to new data from global verification provider Sumsub. Deepfake-related fraud has expanded beyond impersonation and election interference to include AI-generated job scams. said Penny Chai, Vice President, APAC, Sumsub.
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