Evolve Payment

OCTOBER 22, 2024

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.

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Deepfake Verification Fraud Detection AI 98

Finextra

MARCH 12, 2025

Singapore authorities are warning businesses of a rise in scam video calls which use deepfake AI to impersonate business bosses with the aim of duping employees into transferring funds to criminal accounts.

Deepfake 110

Deepfake Authorization Scams AI 110

Fintech News

DECEMBER 10, 2024

This move will enable LexisNexis Risk Solutions to further enhance its capabilities in combating AI-generated fraud, including deepfakes. Rick Trainor Rick Trainor, CEO of Business Services for LexisNexis Risk Solutions, said, AI-powered solutions are necessary to counter the threat of AI-generated fraud attacks, including deepfakes.

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Risk AI Acquirers Deepfake 117

Finextra

AUGUST 14, 2024

Crooks are circulating AI-generated deepfake videos of Prince William and UK prime minister Keir Starmer on Facebook and Instagram to dupe viewers into scam cryptocurrency investments.

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Deepfake Scams Cryptocurrency AI 99

The Fintech Times

FEBRUARY 9, 2024

It saw a 672 per cent increase from H1 2023 to H2 2023 in the use of deepfake media such as face swaps deployed alongside metadata spoofing tools. “While the data in our report highlights that face swaps are currently the deepfake of choice for threat actors, we don’t know what’s next.

Deepfake 110

Deepfake Product Verification AI 110

The Fintech Times

FEBRUARY 14, 2025

“Using AI-driven tactics such as deepfake selfies and synthetic identities, organised fraudsters are testing traditional security measures like never before. It says future-proofing means adopting AI-driven validation and multi-layer defences to combat deepfakes, synthetic identities, and emerging threats.

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Deepfake APACS Law Enforcement Fraud Detection 78

Finextra

NOVEMBER 14, 2024

The US Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has issued an alert to help banks to spot GenAI-generated deepfake scams.

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Fincen Deepfake Financial Crimes Scams 75

The Fintech Times

AUGUST 14, 2024

In the wrong hands, however, it can be incredibly harmful, especially with the emergence of deepfakes. A new survey from iProov , the biometric solutions provider, has revealed the attitudes on the threat of generative AI and deepfakes across the UK, US, Brazil, Australia, New Zealand and Singapore.

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Deepfake AI Phishing Ransomware 75

The Fintech Times

MARCH 12, 2025

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.

Embedded Finance 72

Embedded Finance Finance Deepfake Payment APIs and Integration 72

The Fintech Times

AUGUST 7, 2024

As much as 53 per cent of Brits have either never heard of the term deepfake or misunderstood its meaning, British bank Santander has revealed, as part of a new initiative to warn consumers about the dangers of AI deepfake scams.

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Deepfake Scams Romance Scams AI 64

PYMNTS

DECEMBER 5, 2019

The rise of deepfakes — the eerily lifelike impersonations that superimpose heads onto bodies and bodies onto heads in seamless ways that integrate speech and movement, where nothing is as it seems — may be good for a laugh. From Arnold Schwarzenegger, to Kim Kardashian, to maybe, just maybe: You. It’s like a Hollywood special effect.”.

Deepfake 55

Deepfake Verification Authentication AI 55

The Fintech Times

MAY 17, 2024

The rapidly increasing prevalence of AI-generated content and deepfakes has left many questioning everything they see online. In fact, as much as 72 per cent of consumers worry on a day-to-day basis about being fooled by a deepfake into handing over sensitive information or money.

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Deepfake Identity Theft Consumer Verification 69

Fintech News

APRIL 6, 2025

A significant four-fold surge in deepfakes worldwide from 2023 to 2024 further underscores the increasing role of AI in fraud. Deepfakes now account for 7% of all fraud cases. Additionally, businesses face growing financial risks, with the average cost per fraud event around USD $300,000.

Fraud Prevention 63

Fraud Prevention Deepfake Travel Rule Continuing Education 63

Finovate

APRIL 29, 2024

Episode 210 – Richard Weston, Tuum Greg Palmer catches up with Corsound AI CEO Gal Haselkorn to discuss cutting-edge developments in voice intelligence and deepfake detection. Demo video. Demo video. Episode 209 – Gal Haselkorn, Corsound.ai

Financial Literacy 69

Financial Literacy Deepfake Identity Theft AI 69

PYMNTS

AUGUST 24, 2020

Tessian Co-founder and CEO Tim Sadler warns that this has created an ideal environment for cyberattackers wielding a quickly emerging technology: deepfakes. With more employees relying on the phone, as well as video conferencing platforms, to communicate with their teams, it presents an ideal environment for deepfake technology to take hold.

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Deepfake Business Email Compromise Scams Multifactor Authentication 61

Payments Source

FEBRUARY 9, 2020

Fraudsters are smarter and more devious than ever before. With that evolution comes an increase in successful fraud attempts, seen especially by companies that do not practice modern payment safety protocols.

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Deepfake Payment Security Security Payments 123

Finextra

JUNE 12, 2024

In 2021, a wave of deepfake videos started to emerge across the internet and social media. From humo.

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Deepfake 59

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. Another way fraudsters are abusing financial firms is through AI-assisted deepfakes.

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Deepfake Phishing Account Takeovers AI 69

The Paypers

JUNE 3, 2022

Google has banned the training of AI systems that can be used to generate deepfakes on its Google Colaboratory (Colab) platform.

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Deepfake AI 66

Finextra

AUGUST 7, 2024

Santander has launched a campaign to demonstrate the threat to consumers from 'deepfake' videos circulating on social media platforms.

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Deepfake Scams Consumer 59

PYMNTS

JANUARY 8, 2020

The House’s Subcommittee on Consumer Protection and Commerce heard digital experts, as well as a representative from Facebook, testify in regards to the measures tech firms are using to fight against deepfakes, and what further actions should occur at the federal level, CNBC reported Wednesday (Jan. Chairwoman Jan Schakowsky, D-Ill.,

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Deepfake Consumer Protection Cybersecurity Verification 57

Neopay

JANUARY 22, 2025

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. Romance fraud: Deepfake images and videos help fraudsters create convincing personas to manipulate victims emotionally and financially.

AI 59

AI Deepfake Phishing Audit 59

Finovate

APRIL 9, 2025

The technology combines robust security features with advanced fraud detection capabilities including as deepfake detection. .” Established in 1951, Security Bank has deployed Entrust’s Onfido Studio platform.

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Security Deepfake Verification Fraud Detection 87

Payments Source

FEBRUARY 20, 2020

Fending off these kinds of attacks requires training personnel on a strict process for validating suppliers' banking data during supplier onboarding, especially when receiving any data change requests, says Noicepay's Doug Seaberg.

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Fraud Prevention Deepfake Process ISOs 104

Neopay

FEBRUARY 27, 2025

The financial sector is facing an unprecedented surge in AI-driven fraud, with deepfake-related attacks increasing by a staggering 2,137% over the past three years. of all fraud attempts detected in the financial sector now involve AI-generated forgeries, with deepfakes leading the charge. According to the research, 42.5%

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Deepfake Fraud Detection Account Takeovers Fraud Prevention 52

The Fintech Times

AUGUST 13, 2024

On this week’s episode of News & Views, The Fintech Times podcast team take a look into the latest initiative to protect people from the dangers of deepfakes and chats about TotallyMoney ‘s product expansion offering a greater choice of loan products thanks to a new partnership.

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Deepfake Security Underserved Checks 52

Fintech News

NOVEMBER 6, 2024

In response to the growing threat of deepfake technologies, Ant International has also developed an advanced anti-deepfake electronic Know Your Customer (e-KYC) tool. To ensure reliability, Ant International maintains safeguards with human intervention ready to address discrepancies, avoiding over-reliance on AI.

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Cross-Border AI Deepfake Transactions 107

Finovate

MARCH 19, 2025

This includes a global, fourfold increase in AI-driven deepfake scams. The integration of Sumsub’s compliance solutions will help financial institutions deal with the growing threat of fraud and financial crime.

Fraud Prevention 96

Fraud Prevention Fraud Detection Payment APIs and Integration Verification 96

The Payments Association

OCTOBER 25, 2023

Sumsub, a full-cycle verification platform, today releases its “State of Verification and Monitoring in the Crypto Industry 2023” report. The findings focus.

Deepfake 88

Deepfake Verification Digital Currency 88

The Paypers

JUNE 12, 2023

US-based Identity orchestration company Jumio has released a new research which reveals the disconnection between consumer awareness of AI and deepfakes and their risks to security.

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Deepfake Consumer AI Research 48

Fintech News

JANUARY 17, 2024

The menace of deepfakes and disinformation The exponential growth of APAC’s digital economy also enables new disinformation threats. According to Sumsub, advanced deepfake technologies allow easy manipulation of audio, video, and images to spread fake news or defame individuals.

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Deepfake APACS Scams Authentication 122

Payments Dive

AUGUST 13, 2024

About a fifth of finance professionals in a recent survey said their organization has already been targeted by AI-driven deepfake or executive impersonation attacks.

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Deepfake Finance AI Payments 88

Finovate

DECEMBER 11, 2024

The acquisition will enhance LexisNexis Risk Solutions’ ability to combat emerging threats such as AI-generated fraud and deepfakes. “AI-powered solutions are necessary to counter the threat of AI-generated fraud attacks, including deepfakes,” said Rick Trainor, CEO of Business Services for LexisNexis Risk Solutions.

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Risk Acquirers Deepfake Fraud Detection 52

The Paypers

NOVEMBER 15, 2024

The US Department of the Treasury’s Financial Crimes Enforcement Network ( FinCEN ) has proceeded with issuing a warning to support financial institutions in identifying fraud schemes involving deepfake media.

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Fincen Deepfake Financial Crimes Crime 41

The Fintech Times

DECEMBER 10, 2024

Founded in Australia and launched commercially in 2018, IDVerse uses AI to combat fraud and deepfakes. However, the acquisition will integrate IDVerse’s capabilities across all solutions and will enhance customer readiness for future fraud threats through advanced AI-powered solutions.

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AI Risk Acquirers Deepfake 64

The Payments Association

NOVEMBER 1, 2023

Sumsub, a full-cycle verification platform, releases its 'State of Verification and Monitoring in the Crypto Industry 2023' report.

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Deepfake Verification Regulations Security 88

Payments Source

FEBRUARY 12, 2020

Square has buttressed its deep-learning with the purchase of Dessa, a Toronto-based machine learning startup that specializes in advanced risk management.

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Deepfake Risk Management Risk Payments 70