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.

Deepfake 78

Deepfake APACS Law Enforcement Fraud Detection 78

Fintech News

JUNE 9, 2025

This rise is attributed to the growing use of deepfakes, fraud-as-a-service operations, and fast-changing fraud typologies. With the rise of deepfakes and complex fraud schemes, teams can’t afford to work in silos. The launch comes at a time when financial crime teams are facing more sophisticated threats. in 2024 to 2.6%

Financial Crimes 93

Financial Crimes Crime AI Deepfake 93

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.

Risk 120

Risk AI Acquirers Deepfake 120

Fintech News

JUNE 11, 2025

At the centre of this threat is Grey Nickel , a sophisticated cybercriminal group using deepfakes, synthetic identities, and AI-powered attack tools to breach banks, crypto exchanges, and digital payment platforms. Consider Hong Kong, where in early 2024 a deepfake scam tricked a corporate employee into transferring USD $25.6

Crime 69

Crime Deepfake AI APACS 69

The Fintech Times

JUNE 12, 2025

Global crypto scam losses surged to $4.6billion in 2024, with deepfake technology and social engineering emerging as the dominant tactics behind high-value thefts, according to crypto exchange and Web3 company Bitget.

Deepfake 45

Deepfake Scams AI Phishing 45

Finovate

APRIL 9, 2025

The technology combines robust security features with advanced fraud detection capabilities including as deepfake detection. Photo by Christian Paul Del Rosario The post Security Bank Collaborates with Entrust to Enhance eKYC and Digital Onboarding appeared first on Finovate.

Security 87

Security Verification Deepfake Fraud Detection 87

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

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

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. The post Sumsub Academy Launched, Providing Expert-Led Fraud Prevention Courses appeared first on Fintech Singapore.

Fraud Prevention 69

Fraud Prevention Deepfake Travel Rule Continuing Education 69

Fintech News

JUNE 16, 2025

It is investing in AI-driven compliance tools and has begun sharing its anti-deepfake technology with the wider tech community. Featured image: Edited by Fintech News Singapore, based on image by sodawhiskey via Freepik The post Ant International Launches First Sustainability Report and Framework appeared first on Fintech Singapore.

Cross-Border 69

Cross-Border Deepfake Embedded Finance Underserved 69

Finovate

MARCH 19, 2025

This includes a global, fourfold increase in AI-driven deepfake scams. Photo by Marlene Leppnen The post Tuum and Sumsub Team Up to Enhance Fraud Prevention for Financial Institutions appeared first on Finovate. The company was founded in 2019. Myles Bertrand is CEO.

Fraud Prevention 96

Fraud Prevention Fraud Detection Payment APIs and Integration Verification 96

Fi911

JUNE 9, 2025

Post-incident analysis must drive systematic improvements. Future-Proofing Against Evolving BEC Threats Deepfake technology brings new challenges. The post How Financial Institutions Can Combat Business Email Compromise (BEC) appeared first on fi911blog. Voice cloning and video manipulation will make verification harder.

Email Compromise 52

Email Compromise Business Email Compromise Compromise Law Enforcement 52

Finextra

JUNE 25, 2025

AI-Powered Support & Dispute Resolution Post-transaction interactions are just as critical as the payment itself. From voice cloning to deepfake merchant scams, the threat landscape is evolving. Learn from every attempt to refine future routing decisions. What is the result?

Fraud Detection 59

Fraud Detection AI Payments PCI DSS 59

The Fintech Times

MAY 16, 2025

Neil Richardson ( Cyber Alchemy ) warned that deepfakes are becoming a clear and present danger for KYC. The post FinTech North Leeds: Innovation, Investment and a Pitch for the Future appeared first on The Fintech Times. Alex Craven ( The Data City ) called outdated SIC codes a compliance risk hiding in plain sight.

Innovation 59

Innovation FinTech Consulting AI 59

The Payments Association

JUNE 16, 2025

In the past five years, the UK has seen a sharp increase in the sophistication of APP fraud, driven by innovations such as deepfake technology, real-time payment abuse, and social engineering. The PSR has separated pre- and post-policy data, making comparisons difficult. Meanwhile, fraud techniques have continued to evolve at pace.

Scams 88

Scams Assessments Consumer Protection Fraud Prevention 88

The Payments Association

JUNE 11, 2025

These post-purchase fraud types cannot be stopped in real-time, creating operational detection gaps that fraudsters exploit once they’ve gained platform access. AI-driven scams leverage sophisticated attacks from phishing emails to deepfake videos and voice impersonations.

Risk 88

Risk Fraud Prevention Fraud Detection Payment APIs and Integration 88

Finovate

APRIL 22, 2025

Herd Security Herd Security is a security awareness platform designed to train users on the dangers of deepfakes through modules and AI-based simulations. Features Provides engaging, micro-based cyber training Delivers user metrics proving behavior change Offers patented voice deepfake defense Who’s it for?

Credit Union 52

Credit Union Cross-Border Payments Deepfake Disputes 52

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. Photo by Matheus Câmara da Silva on Unsplash The post ID-Pal Unveils Reusable KYC Solution appeared first on Finovate.

Verification 52

Verification AML Returns Deepfake 52

The Fintech Times

MARCH 14, 2025

With tools like deepfake identity generators, fake KYC documents, and automated phishing scams, cybercriminals are launching sophisticated attacks at scale. The post Fintech Meetup 2025 Review: Speed Networking and In-Depth Content in Vegas appeared first on The Fintech Times. Thats the problem. Her words landed with weight.

FinTech 59

FinTech Consumer Financial Protection Bureau (CFPB) Fraud Detection AI 59

The Fintech Times

DECEMBER 19, 2024

” Slipping through the cracks Increasingly sophisticated tactics, such as fake invoices, deepfake media, and phishing scams – driven by generative AI – have made attacks more convincing and harder to detect. Proactive fraud prevention today not only mitigates risk, but also future-proofs operations against costly penalties.”

Automation 59

Automation AI Fraud Prevention Deepfake 59

Finovate

MAY 28, 2025

In addition to offering fraud prevention tools like biometric watchlists and technologies such as deepfake detection, the partnership will also enable companies to offer advanced verification and eSIM capabilities to mobile operators. “Security has always been at the core of G+D’s mission.

Fraud Prevention 52

Fraud Prevention Verification Deepfake Central Bank 52

The Fintech Times

DECEMBER 10, 2024

Founded in Australia and launched commercially in 2018, IDVerse uses AI to combat fraud and deepfakes. The post LexisNexis Risk Solutions to Acquire IDVerse in Fight Against AI-Generated Fraud appeared first on The Fintech Times. AI-powered document verification represents this kind of balance.”

Risk 64

Risk AI Acquirers Deepfake 64

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.

Risk 52

Risk Acquirers Deepfake Fraud Detection 52

Fintech Finance

MAY 14, 2025

Brits are particularly concerned about being scammed by deepfakes when shopping online, as well as having their image stolen and used for deepfakes while online shopping. This points to privacy concerns and general skepticism around digital advancements.

Economy 52

Economy Consumer Deepfake Consumer Protection 52

The Fintech Times

JULY 3, 2025

The firms say the approach supports ‘continuous trust’ and helps detect deepfakes and AI-driven fraud without storing biometric data. The post This Week in Fintech: TFT Bi-Weekly News Roundup 03/07 appeared first on The Fintech Times.

FinTech 59

FinTech Payee AI Verification 59

Fintech Finance

MARCH 4, 2025

As digital payments increase post-COVID and scammers implement new solutions such as artificial intelligence (AI), the report takes a look at how regulators around the world are seeking to combat fraud. The post Vixio Releases APP Fraud Outlook Report appeared first on FF News | Fintech Finance.

Fraud Prevention 52

Fraud Prevention Deepfake Scams Fraud Detection 52

The Fintech Times

JUNE 15, 2025

The post News & Views | Episode 203: Crypto Scam Losses, Digital ID Adoption & FCA’s Supercharged AI Sandbox appeared first on The Fintech Times.

Scams 40

Scams AI Deepfake Cybersecurity 40

Finovate

JUNE 12, 2025

The post Breaking News: First Wave of Demos Announced for FinovateFall 2025 appeared first on Finovate. Demo applications are still open—if you’re working on something new and groundbreaking in fintech, apply now. Are you a financial institution, venture capitalist, or another leader in the finserv space? Register today !

Deepfake 52

Deepfake Returns Scams Automation 52

Fintech News

JULY 24, 2024

A recent study by Jumio , a provider AI-driven identity verification and compliance solutions, has found that a significant majority of Singapore consumers are concerned about the impact of deepfakes on the upcoming elections. It revealed that 83% of Singaporeans are concerned about for AI and deepfakes in politics, compared to 75% globally.

Deepfake 121

Deepfake AI Verification On-Demand 121

Fintech News

APRIL 7, 2024

In the contemporary digital world, the proliferation of deepfake technology and generative AI heralds an era fraught with online scam challenges, notably within the financial sector in Asia. Economic Ramifications of Deepfake Scams The global impact of impersonation scams can be far-reaching, and expensive.

Deepfake 134

Deepfake Scams Fraud Detection Verification 134

Fintech News

JUNE 26, 2024

The increasing sophistication of fraud tactics, such as deepfakes and voice cloning, has heightened these concerns. Deepfake technology is being used more frequently to trick consumers into revealing sensitive information, driving a significant portion of the anxiety. said Anna Convery, CMO of Jumio.

Deepfake 120

Deepfake Security Verification AI 120

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.

Deepfake 98

Deepfake Verification Fraud Detection AI 98

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.

Deepfake 117

Deepfake Authentication Verification AI 117

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

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.

Deepfake 75

Deepfake AI Phishing Ransomware 75

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.

Deepfake 64

Deepfake Scams Romance Scams AI 64

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.

Deepfake 69

Deepfake Phishing Account Takeovers Scams 69