Remove Bots Remove Deepfake Remove Fraud Prevention
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The growing threat of AI-enabled fraud

Neopay

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
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Sumsub Combats Fraud Networks in APAC With Upgraded Solution

Fintech News

Sumsub, a global verification provider, is addressing the sharp increase in fraud networks in the Asia-Pacific (APAC) region with its enhanced Fraud Prevention Solution. This tool is designed to help businesses tackle fraud rings, account takeovers, chargeback fraud, and bot attacks.

APACS 109
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Top 5 fraud trends affecting high-risk merchants in 2025

The Payments Association

This article explores the top 5 fraud trends impacting high-risk merchants in 2025 and how innovative solutions like avoided.io can safeguard your business with real-time chargeback prevention and fraud management. How avoided.io Helps: Multi-card network support: avoided.io

Risk 88
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AI in payments: The battle against fraud’s evolving threat

The Payments Association

With fraud accounting for a significant portion of UK crime, understanding AIs role is critical for developing effective, future-ready defences. Payments leaders should focus on improving data quality, fostering cross-sector collaboration, and responsibly integrating AI into fraud prevention strategies.

AI 88
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3 Ways Fintechs are Helping Financial Institutions Fight Fraud

Finovate

The battle against fraud is a never-ending one. 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. Johnny Ayers is Socure’s founder and CEO.

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Announced at Money20/20 USA 2024: News Roundup from Las Vegas

The Fintech Times

AU10TIX’s Identity Fraud Report warns of AI-driven threats Identity verification provider AU10TIX released its Q3 2024 Global Identity Fraud Report in Vegas which reveals a significant increase in AI-powered fraud tactics. ” said Dan Yerushalmi , CEO of AU10TIX.