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Tidal wave of financial fraud gaining momentum from AI, deepfakes | Biometric Update

Retrieved on: 2024-05-09 10:06:30

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Summary

Mitek Systems warns of increasing fraud in the financial sector, highlighting the role of generative AI and deepfakes in complicating identity verification. The article connects fintech with challenges in security, such as biometrics and identity management, referencing companies like SoFi and Mitek Systems Inc. in the context of U.S. cybersecurity.

Article found on: www.biometricupdate.com

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