Tagged: deepfakes

Rydoo Exec Comments on Rise of Employee Expense Fraud Due to AI-Generated Fake Receipts

Seb Vanhecke, Chief Product Officer of European fintech Rydoo, has commented on on the rise in employee expense fraud due to AI-generated fake receipts and the end of the fiscal year causing finance teams to become overwhelmed “with higher priority tasks, meaning routine tasks such… Read More

UK Consumers Increasingly Being Deceived by Deepfakes on Dating Apps – Report

Data shared by Regtech Sumsub shows that three quarters of UK dating app users have come across deepfakes, “19% have personally been deceived by one, and 22% have had someone close to them misled by AI.” Regtech Sumsub pointed out that in the last five… Read More

Proof’s Verify to Combat Deepfakes

Proof, a provider of identity-secured transactions, has launched Verify, a live face-to-face experience that delivers high-level assurance with identity verification performed in the presence of an agent. It claims to reduce the risk of fraudulent activities such as deepfakes by ensuring that users are legitimate…. Read More

Regtech Jumio Digital Identity Study Reveals Potential Influence of AI and Deepfakes on Upcoming US Elections

Jumio, the provider of automated, AI-driven identity verification, risk signals and compliance solutions, released new findings from its Jumio 2024 Online Identity Study, revealing growing concern among Americans on the political influence AI and deepfakes may have during upcoming elections and how they might influence… Read More

Regtech Sumsub Q1 Data for Deepfake Fraud Reveals Alarming YoY Trends in AI-powered Scams

Sumsub recently shared Q1 data for deepfake fraud worldwide, showcasing alarming YoY trends in AI-powered scams. With half the world’s population heading to the polls this year, Sumsub, a global full-cycle verification provider, detected “upwards of a 245% YoY increase in deepfakes worldwide.” The findings… Read More

Entrust Unveils Identity Verification Solution to Fight Deepfakes

Entrust, a provider of payments, identities, and data security, this week announced a single-vendor enhanced authentication solution that integrates identity verification (IDV) and identity and access management (IAM) to fight deepfakes, phishing, account takeover (ATO) attacks and other threats. By enhancing Entrust Identity as a… Read More

Hong Kong Monetary Authority Warns Public on Fake Video Interview of Chief Executive

Deepfakes are a growing concern. As technology improves and AI services proliferate, it is getting easier for bad actors to create completely bogus content that intends to dupe the unsuspecting. Today, the Hong Kong Monetary Authority (HKMA) has issued a warning to the public to… Read More

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