G7 group issues document on AI benefits, risks to financial system
A G7 working group has released a statement outlining what policymakers and financial institutions should consider when weighing the potential ...
Tag: Identity fraud
ABA Foundation, FBI release infographic on deepfake scams
The ABA Foundation and FBI released a new infographic aimed at educating the public about the growing threat of deepfake ...
Enhancements, cost reductions announced for Social Security verification system
SSA announced a plan to reduce costs and enhance its Electronic Consent Based Social Security Number Verification, which allows financial ...
Study finds most people can’t spot deepfakes
A recent study found that the vast majority of participants couldn’t distinguish between real content and deepfake images and video, ...
FBI issues warning on AI used for financial fraud
The FBI issued a warning to the public that criminals are using generative artificial intelligence to commit financial fraud and ...
FinCEN issues alert on identifying deepfakes targeting financial institutions
FinCEN issued an alert with recommendations for financial institutions on how to detect deepfake identity frauds created using generative AI, ...
Report finds lenders increasingly targeted by fake identity scams
The percentage of synthetic identities among accounts opened by U.S. lenders for auto loans, bank credit cards, retail credit cards ...
Fraud: Is seeing still believing?
The problem of identity scamming.
Challenges in voice biometrics: Vulnerabilities in the age of deepfakes
Weak identity authentication and verification protocols can result in compromised online accounts and diminished information security.
The Impact of AI-Generated Synthetic Fraud on Finance
SPONSORED CONTENT PRESENTED BY DEDUCE Fake people are having a major impact on our real world. AI technology has empowered ...
