Neopay

JANUARY 22, 2025

Fraudsters are exploiting GenAI tools such as large language models (LLMs), voice cloning, and deepfakes to carry out increasingly sophisticated scams that are harder to detect and prevent. Romance fraud: Deepfake images and videos help fraudsters create convincing personas to manipulate victims emotionally and financially.

AI 59

AI Deepfake Phishing Audit 59

The Fintech Times

DECEMBER 19, 2024

Invoice automation firm, Basware has revealed that 90 per cent of organisations lack dedicated prevention teams, forcing accounting staff to juggle fraud management in addition to their regular responsibilities. Need for AP automation to combat fraud AP fraud is one of the most targeted types of fraud for businesses.

Automation 59

Automation AI Fraud Prevention Deepfake 59

Finovate

MARCH 19, 2025

This includes a global, fourfold increase in AI-driven deepfake scams. ” Through the partnership, banks and fintechs working with Tuum will benefit from automated identity verification and AI-powered fraud detection and transaction monitoring. .

Fraud Prevention 96

Fraud Prevention Fraud Detection Payment APIs and Integration Verification 96

Fi911

JUNE 9, 2025

Regular reviews of vendor communication patterns, automated alerts for banking changes, and periodic security assessments help identify problems before losses occur. Future-Proofing Against Evolving BEC Threats Deepfake technology brings new challenges. These systems create audit trails and reduce successful impersonation attempts.

Email Compromise 52

Email Compromise Business Email Compromise Compromise Law Enforcement 52

Finovate

JULY 16, 2025

AI-native fintechs are setting new expectations around service, automation, and personalization. Identity verification becomes a battleground With rising fraud, easy-to-create deepfakes, and an increase in embedded finance, financial institutions are shifting from one-time identity checks to continuous, context-aware identity verification.

ISO 20022 52

ISO 20022 Interbank Settlement Third Party Vendors Stablecoins 52

Finextra

JUNE 25, 2025

What began as a tool for basic automation has evolved into a powerful intelligence layer, quietly reshaping how we fight fraud, route transactions, and deliver seamless, personalised payment experiences. From voice cloning to deepfake merchant scams, the threat landscape is evolving.

Fraud Detection 59

Fraud Detection AI Payments PCI DSS 59

The Payments Association

JUNE 11, 2025

AI-driven scams leverage sophisticated attacks from phishing emails to deepfake videos and voice impersonations. The evolution towards intelligent automation represents the next frontier in fraud management. Technology has intensified these challenges as both fraudsters and defenders deploy increasingly sophisticated tools.

Risk 88

Risk Fraud Prevention Fraud Detection Payment APIs and Integration 88

Finextra

JULY 1, 2025

This enables: Federated identity and bring-your-own-identity (BYOI), so partners can authenticate using their existing systems Policy-based access control (PBAC), adapting permissions based on role, context, and risk Delegated administration, allowing trusted partners to manage their own users within defined guardrails Lifecycle automation, ensuring (..)

Embedded Finance 59

Embedded Finance Finance Payment APIs and Integration API 59

Finovate

APRIL 22, 2025

Herd Security Herd Security is a security awareness platform designed to train users on the dangers of deepfakes through modules and AI-based simulations. Features Provides engaging, micro-based cyber training Delivers user metrics proving behavior change Offers patented voice deepfake defense Who’s it for?

Credit Union 52

Credit Union Cross-Border Payments Deepfake Disputes 52

The Fintech Times

MARCH 14, 2025

With tools like deepfake identity generators, fake KYC documents, and automated phishing scams, cybercriminals are launching sophisticated attacks at scale. Her words landed with weight. Generative AI has created a new breed of fraudsters who dont need years of experience to manipulate financial systems.

FinTech 59

FinTech Consumer Financial Protection Bureau (CFPB) Fraud Detection AI 59

The Fintech Times

DECEMBER 10, 2024

AI-powered automated document authentication and fraud detection solutions provider, IDVerse is set to be acquired by data and analytics platform, LexisNexis Risk Solutions and become a part of LexisNexis Risk Solutions Business Services to combat AI-generated fraud.

Risk 64

Risk AI Acquirers Deepfake 64

Finovate

DECEMBER 11, 2024

The acquisition will enhance LexisNexis Risk Solutions’ ability to combat emerging threats such as AI-generated fraud and deepfakes. LexisNexis Risk Solutions has agreed to acquire AI-powered automated document authentication and fraud detection solutions provider IDVerse.

Risk 52

Risk Acquirers Deepfake Fraud Detection 52

The Fintech Times

JULY 22, 2025

That said, I’m incredibly optimistic about the role AI and automation will play in transforming onboarding. It’s transforming everything from onboarding to compliance, automating processes that used to take weeks, and dramatically improving efficiency and risk analysis. That’s the exciting part.

Risk 45

Risk FinTech AI Compliance 45

The Fintech Times

JULY 3, 2025

Bulkoski will lead global revenue functions as the company expands internationally and rolls out new features, including advanced card controls and invoice automation tools across Latin America. Stacks AI , a startup focused on automating the financial close process, appoints former Plaid and McKinsey executive Farid Sedjelmaci as COO.

FinTech 59

FinTech Payee AI Verification 59

Finextra

JULY 16, 2025

Misleading assaults, including phishing and deepfakes, take advantage of users emotional hotspots, cognitive heuristics, and impulsive tendencies. AI Safety and the Case for Human Oversight Organizations differ wildly in their appetite for automation. As response windows shrink, decision loops must accelerate or break.

Security 71

Security Payment APIs and Integration Risk Management Stablecoins 71

Finovate

JUNE 12, 2025

Here’s why to tune in: First impressions matter : Delight new customers with a personalized onboarding switch kit Plant seeds early: Supercharge teens’ digital banking experience and deposit growth Break the scam spell: Disrupt high-risk situations with AI trained on human vulnerabilities and exploit techniques Strike (more) gold: Automate (..)

Deepfake 52

Deepfake Returns Scams Automation 52

The Fintech Times

MAY 17, 2024

The rapidly increasing prevalence of AI-generated content and deepfakes has left many questioning everything they see online. In fact, as much as 72 per cent of consumers worry on a day-to-day basis about being fooled by a deepfake into handing over sensitive information or money.

Deepfake 69

Deepfake Identity Theft Consumer Verification 69

Fintech News

JANUARY 17, 2024

Fraud-as-a-Service allows automation of attacks The advent of AI generative models also enables new Fraud-as-a-Service offerings. Criminal groups can use these automated services to learn bank processes quickly and generate tailored social engineering scripts.

Deepfake 126

Deepfake APACS Scams Authentication 126

The Fintech Times

SEPTEMBER 11, 2024

Automated bot attacks on social media surged dramatically in the second quarter of 2024, according to AU10TIX ’s latest Global Identity Fraud Report. Bots and deepfakes The rise of bots using deepfake technology to create convincing fake profiles poses an additional challenge. per cent of all transactions being fraudulent.

Bots 59

Bots Deepfake Automation APACS 59

Fintech News

SEPTEMBER 9, 2024

Battling the growing threat of deepfakes with digital identity But really, how important is digital identity to a flourishing digital banking ecosystem? Nevertheless, he says with consumers expecting a fast and seamless onboarding process, banks have the pressure of striking the right balance between security and customer experience.

Deepfake 130

Deepfake PCI DSS Verification Financial Inclusion 130

The Paypers

NOVEMBER 14, 2024

US-based identity platform Persona has partnered with Okta to deliver an automated identity verification solution and support organisations to safeguard against phishing and deepfakes.

Deepfake 68

Deepfake Phishing Verification Security 68

Fintech News

MARCH 12, 2024

This collaboration aims to enhance regulatory compliance, secure data storage, and automate crypto transaction monitoring for their clients. This trend is underscored by Sumsub’s reports, which note a 128 percent increase in deepfake incidents in 2023, with the Asia-Pacific region experiencing a 1530 percent surge.

Transactions 116

Transactions Security Deepfake Travel Rule 116

The Payments Association

FEBRUARY 13, 2025

Gain insights into advanced AI threats like deepfakes and adaptive malware, learn proactive defence strategies, and discover practical ways to integrate AI tools for detection, response, and zero-trust security. Automating workflows and minimising errors with AI-powered SOCs. Why attend? Register today – save your spot here.

Cybersecurity 88

Cybersecurity AI Deepfake Verification 88

Finovate

JUNE 11, 2024

An injection attack occurs when a fraudster injects a deepfake– which could be a synthetic document, video, facial image, or audio representation– into an identity verification workflow to spoof the system. This works to bypass traditional fraud detection and identity verification methods.

AI 105

AI Fraud Detection Deepfake Verification 105

Fintech News

JUNE 30, 2024

The CB Insights report also explores the massive productivity gains seen in white-collar work from gen AI tools that automate tedious tasks, which McKinsey and Company estimates could add the equivalent of US$2.6 Finally, it highlights the rise of AI-powered cyberattacks, with deepfakes and email phishing attacks increasing substantially.

AI 111

AI APACS Deepfake Economy 111

The Payments Association

MAY 7, 2025

1) AI-driven fraud and deepfakes Fraudsters are increasingly leveraging Artificial Intelligence (AI) to conduct highly convincing scams. These sophisticated attacks are designed to deceive even the most cautious businesses and consumers, from AI-generated phishing emails to deepfake videos and voice impersonations. How avoided.io

Risk 88

Risk Disputes Debit Card Cross-Border 88

Finovate

AUGUST 15, 2024

APIMatic APIMatic’s developer experience platform adds a layer of technology between fintech APIs and developers to make integrations faster through automation and AI. Features Automates the creation of SDKs Includes dynamic use case guides Delivers AI-generated integration code Who’s it for? CSS CSS introduces IMPACT 3.0,

Deepfake 59

Deepfake Credit Union Payment APIs and Integration Advisors 59

Finovate

FEBRUARY 18, 2025

AQ22 AQ22 is an agentic banking orchestration platform automating financial workflows, from credit assessment and compliance to investment management and debt collection, helping banks streamline decision-making. Features AI-driven automation: Streamlines credit, investment, and compliance. Register today using this link and save 20%.

Deepfake 52

Deepfake Credit Union AI Compliance 52

PYMNTS

NOVEMBER 4, 2020

Deepfake technology means criminals can masquerade their own voices to convince unwitting employees to approve an invoice for payment, for instance. I'd be willing to be that any controller or CFO that doesn't have an automated auditing process is worried about it.". A Straightforward Challenge.

Audit 90

Audit Automation B2B Deepfake 90

The Payments Association

APRIL 2, 2025

The panellists described a troubling evolution: traditional scams being supercharged by artificial intelligence. “Real-time deepfakes have moved beyond theoretical concerns,” explained David Sutton, chief innovation officer at Featurespace. Beyond high-profile cases, criminals are using AI more subtly to scale up operations.

AI 88

AI Financial Crimes Deepfake Fraud Prevention 88

Fintech News

JUNE 18, 2024

Another ethical concern outlined in the report is the potential of gen AI to produce convincing deepfake content, which can lead to misinformation. Toxic outputs from gen AI can cause significant harm, including spreading misinformation or offensive content. Gen AI are AI systems designed to autonomously generate new, original content.

AI 122

AI Use Case Risk Deepfake 122

Finovate

MARCH 13, 2024

The integration will bring automated crypto transaction monitoring and secure data storage, as well as ensure regulatory compliance. This will enhance regulatory compliance and secure data storage, as well as provide automated crypto transaction monitoring for Chainalysis’ clients.

Verification 59

Verification Blockchain Travel Rule Regulatory Compliance 59

Fintech News

FEBRUARY 18, 2024

At the heart of its mission was the need for an automated verification system. With rapid advancements in its multi-currency swaps and crypto payment services, dtcpay had to future-proof and automate verification processes. dtcpay embarked on a journey to enhance its growth, confronting various obstacles. Why Sumsub?

Verification 122

Verification Travel Rule Multi-Currency Compliance 122

Fintech Finance

APRIL 28, 2025

IDV now uses AI-based facial matching and liveness detection to verify users against their onboarding data, while detecting spoofing attempts like deepfakes, masks, or video injection. The feature can be triggered at any point in the user journey, and is fully automated, removing the need for passwords, one-time codes, or manual review.

Authentication 59

Authentication Verification Deepfake Returns 59

PYMNTS

NOVEMBER 11, 2019

Other companies are turning to management and workflow automation tools to improve their KYC and AML efforts. Retail brokerage company Exness recently adopted such solutions from provider Sum&Substance to help the former manage compliance for its two entities. Get the full scoop in the Tracker. About The Tracker.

Money Laundering 64

Money Laundering AML Online and Mobile Banking Deepfake 64

Evolve Payment

JANUARY 14, 2025

Set up recurring billing, or a billing program with payment terms – this can easily be automated with the right tools in place. Add the same payment link to your invoices – this can increase the speed of payments being made. Facilitate credit and debit card payments. Accept cryptocurrency payments. Use email invoicing.

Process 97

Process IRS B2C Credit Cards 97

Finovate

FEBRUARY 8, 2024

Features Provides an innovative method to detect deepfakes in call centers, with or without DB Delivers a revolutionary way to prevent identity theft Offers a unique voice-face matching technology Who’s it for? Banks, credit unions, payment providers, and small-and-medium-sized businesses.

Payment APIs and Integration 59

Payment APIs and Integration Identity Theft Deepfake AI 59