Remove Cybersecurity Remove Deepfake Remove Verification
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Deepfake Dangers Escalate: AuthenticID Unveils Troubling Trends in 2025 Fraud Report

The Fintech Times

per cent of transactions in 2024, with fraudsters increasingly leveraging artificial intelligence tools to target financial institutions, according to new research from AuthenticID, an identity verification provider. The use of deepfake technology and generative AI is also on the rise, compounding the threat range.

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Identity Fraud Attacks on Social Media Rose by 27% in 2024 Alone, Reveals AU10TIX

The Fintech Times

User-friendly fraud-as-a-service (FaaS) kits that enable amateurs to execute complex attacks against thousands of accounts in minutes are becoming increasingly available online, AU10TIX , the identity verification and management technology provider, has revealed.

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Intergiro Bolsters Embedded Finance Defences With SEON Partnership

The Fintech Times

AI-generated deepfakes , synthetic identities and hyper-targeted phishing attacks are just some of the cyberthreats on the rise. As a result of the partnership, SEON will proactively detect deepfake KYC attempts, synthetic identities, and mass-registration fraud before accounts are created through Intergiro.

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The rise of generative AI in payment security: A double-edged sword for data privacy

The Payments Association

These capabilities make LLMs ideal for real-time fraud detection, transaction monitoring, and identity verification, helping payment providers stay one step ahead of fraudsters and ensuring a more secure financial ecosystem. The potential for misuse of AI in creating deepfakes or facilitating fraud adds another layer of ethical complexity.

Privacy 88
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LexisNexis Risk Solutions to Acquire IDVerse in Fight Against AI-Generated Fraud

The Fintech Times

Founded in Australia and launched commercially in 2018, IDVerse uses AI to combat fraud and deepfakes. Additionally, the expansion of LexisNexis Risk Solutions’ global approach to identity verification will enable stronger defences against AI-generated fraud. AI-powered document verification represents this kind of balance.”

Risk 64
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This Week in Fintech: TFT Bi-Weekly News Roundup 03/07

The Fintech Times

Biometric identity verification firm iProov has appointed Alex Pearson as chief revenue officer. With over 25 years in enterprise tech and cybersecurity, Pearson will lead global sales and customer success as the company scales. iProov says his international experience will support its next phase of growth across key markets.

FinTech 59
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Selfie Verification: Protecting Your Business & Combating Deepfakes

Evolve Payment

These AI-created images, videos, and audio content, called deepfakes, showcase how advanced AI generation tools have become. AI deepfakes often have convincing video and voice manipulation, making them increasingly difficult to identify–and this technology is only becoming more advanced and easily accessible. Why Selfie Verification?