Deepfake Regulatory Compliance Verification 
Finovate
MARCH 19, 2025
Core banking provider Tuum and verification platform Sumsub announced a partnership this week. The integration of Sumsub’s compliance solutions will help financial institutions deal with the growing threat of fraud and financial crime. This includes a global, fourfold increase in AI-driven deepfake scams.
The Payments Association
JULY 15, 2025
Questions address both immediate challenges (fraud prevention, regulatory compliance, technology readiness) and forward-looking opportunities (AI implementation, collaborative defence strategies, regulatory evolution). Embedding Trusted AI and continuous ID verification is critical to counter synthetic media threats.
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The Payments Association
DECEMBER 9, 2024
It underscores the need for payment firms to balance AI innovation with robust privacy and regulatory compliance to protect sensitive consumer data. Firms must adopt transparent AI practices, enhance regulatory frameworks, and continuously train models to navigate the evolving landscape of AI-driven threats. Why is it important?
The Payments Association
DECEMBER 10, 2024
Understanding AI-enabled fraud As fraudsters invest in more sophisticated technology, including deepfakes, synthetic identities and automated phishing, the need for payments firms to adopt better AI-driven fraud detection systems grows. fingerprints, facial recognition), and behavioural biometrics (e.g.,
Finovate
JUNE 12, 2025
Identity verification innovator ID-Pal has unveiled its reusable KYC solution, ID-Pal Once. The new offering streamlines the verification process, enabling users to complete identity verification as much as 5x faster. AI-powered identity verification specialist ID-Pal has introduced its reusable KYC solution ID-Pal Once.
Finovate
DECEMBER 11, 2024
The acquisition will enhance LexisNexis Risk Solutions’ ability to combat emerging threats such as AI-generated fraud and deepfakes. Additionally, with consumer consent, IDVerse applies biometric algorithms for identity verification and liveness detection to identify potential fraud. Terms were not disclosed.
Fintech News
MARCH 12, 2024
Sumsub, a global verification provider, has integrated with Chainalysis, a blockchain data platform. This collaboration aims to enhance regulatory compliance, secure data storage, and automate crypto transaction monitoring for their clients.
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