APAC Fintech Faces 116% Spike in Fraud Linked to Deepfakes, Synthetic IDs
Fintech News
JUNE 12, 2025
Deepfake-related fraud has expanded beyond impersonation and election interference to include AI-generated job scams. The study also highlights a significant rise in synthetic identity document fraud, which increased by 233 percent across APAC, outpacing the global rise of 195 percent. said Penny Chai, Vice President, APAC, Sumsub.
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