Neopay

JANUARY 22, 2025

According to a recent report by the National Crime Agency (NCA), GenAI represents one of the most substantial threats to the fraud landscape today. 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.

AI 59

AI Deepfake Phishing Scams 59

Finextra

JUNE 25, 2025

Behavioural biometrics distinguish real users from bots or synthetic identities. From voice cloning to deepfake merchant scams, the threat landscape is evolving. The only way to fight AI-powered crime is with smarter, faster AI defence. It spots anomalies before a threat becomes a breach.

Fraud Detection 59

Fraud Detection AI Payments PCI DSS 59

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. This rise highlights growing concerns about the ability of social media platforms to detect and combat organised fraud, particularly as bots become more sophisticated.

Bots 59

Bots Deepfake Automation APACS 59

The Payments Association

APRIL 2, 2025

With fraud accounting for a significant portion of UK crime, understanding AIs role is critical for developing effective, future-ready defences. He cited a confirmed case from February 2024 where a Hong Kong multinational lost $25 million after an employee was deceived by a deepfake call purporting to be from their CFO.

AI 88

AI Financial Crimes Deepfake Fraud Prevention 88

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.

Risk 88

Risk Disputes Debit Card Cross-Border 88

Finovate

AUGUST 14, 2024

From the challenge of AI-powered deepfakes to the sad fact that many of our own bad habits continue to keep fraudsters in business, fintechs are busy developing solutions to help us get and stay at least one step ahead of the bad guys. Here are a trio of stories highlighting the latest efforts by fintechs to combat financial crime.

Credential 64

Credential FinTech Deepfake Fraud Detection 64

CB Insights

MAY 3, 2018

Consider: Political-bot armies or fake user “sock puppets” are targeting social news feeds to computationally spread propaganda. The term deepfake first appeared on Reddit when an anonymous user known as “deepfakesapp” released the first version of the technology in December 2017.

Bots 78

Bots Deepfake Phishing AI 78