Cryptocurrency Deepfake Verification 
Fintech News
APRIL 25, 2025
Data from identity verification specialist Sumsub reveal that identity fraud incidents have more than doubled in the past three years, with account takeovers and deepfakes emerging as major concerns. of all verifications analyzed worldwide by Sumsub, marking a staggering 136.4% of all deepfake attacks directed at the industry.
Fi911
JUNE 9, 2025
These attacks often coincide with travel schedules or major transactions when verification becomes difficult. Future-Proofing Against Evolving BEC Threats Deepfake technology brings new challenges. Voice cloning and video manipulation will make verification harder. Cryptocurrency integration creates additional risks.
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Fintech News
MAY 14, 2024
However, this powerful technology has also been exploited by malicious actors to create deepfakes – highly convincing simulations of individuals saying or doing things they never actually did. Deepfakes have since evolved into a formidable challenge for conventional identity verification methods.
The Fintech Times
NOVEMBER 20, 2024
In its sixth edition, the 2025 Identity Fraud Report found that attacks involving deepfakes happened every five minutes in 2024, and digital document forgeries increased by 244 per cent year over year. ” Struggles with onboarding Digital identity verification is a vital part of the onboarding process. per cent).
Fintech News
MARCH 26, 2024
Sumsub, a global verification and compliance provider, announced its partnership with crypto exchange Binance to integrate its Travel Rule solutio n through the Global Travel Rule (GTR) Alliance. Binance, which has been a client of Sumsub since 2021, aims to bolster its international compliance efforts through this alliance.
Fintech News
MARCH 20, 2024
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. Fraud networks, however small they may seem right now, will gain prominence, just like AI-powered deepfakes. said Pavel Goldman-Kalaydin, Head of AI/ML at Sumsub.
Fintech News
MARCH 12, 2024
Sumsub, a global verification provider, has integrated with Chainalysis, a blockchain data platform. 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.
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