Fintech News
AUGUST 7, 2025
Rethinking Registration to Stop Fraud Early Source: wombatzaa via Freepik User registration is fintech’s critical first line of defense, but traditional methods, such as manual document verification and static data checks from consortia databases, are faltering against modern schemes.
Finextra
AUGUST 7, 2025
AI and Fraud: The Dark Side of Innovation AI is revolutionising finance — and crime: Criminals are using AI to generate fake documents , simulate identities, and execute deepfake-based onboarding. 🚧 Key Findings: A System Under Pressure 1. Institutions often lack the expertise to deploy AI responsibly or detect AI-powered scams.
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Finovate
JUNE 12, 2025
In its most recent appearance, ID-Pal showed how its platform uses 100% AI-powered technology to provide real-time verification that detects AI-generated documents, deepfakes, injection attacks, and more. ID-Pal’s product news comes a month after the firm announced a partnership with UK-based financial services consultancy, Albany Beck.
Finextra
AUGUST 1, 2025
With RAG, as long as the approved documents are organised in databases and available to the model, they are used to build context for each output. One AI tool that can be repurposed to commit fraud by bypassing verification is video and audio deepfake technology.
Fintech News
MARCH 20, 2024
The solution leverages a unique database for identifying and tracking fraudsters, offering a multi-layered approach to simplify decision-making and minimise false positives. Fraud networks, however small they may seem right now, will gain prominence, just like AI-powered deepfakes.
Finovate
AUGUST 15, 2024
Corsound AI Corsound AI enhances security against voice fraud with patented voice-to-face technology and deepfake detection, backed by over 200 autonomous AI patents.
Finovate
SEPTEMBER 18, 2024
Using a combination of document, database, and biometrics checks, ID-Pal enables businesses to verify the identity of their customers in real-time.
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