How FIs Can Get Ready for Nacha’s Upcoming New Rule
As fraudsters become more innovative in their schemes, Nacha is rolling out new rules to address emerging fraud risks, particularly ...
Tag: Deep Fake
Explore articles on deep fake technology, focusing on the threats it poses to security in payments and banking. Learn how deep fakes are used in financial fraud and discover strategies and technologies designed to detect and prevent these sophisticated attacks, protecting businesses and consumers.
Taking On the AI-Assisted Fraudsters
Artificial intelligence is fueling a major transformation in the financial fraud landscape. AI has democratized criminal sophistication and fraud at ...
Generative AI Is Pushing Fraud to New Levels
A recent article in the Wall Street Journal shed light on how fraudsters are utilizing generative AI to perpetrate sophisticated ...
FTC Implements Biometrics Policy to Safeguard Consumer Rights
In a move that has caught the attention of businesses across the United States, the Federal Trade Commission (FTC) has ...
Six Predictions for Battling Fraud in 2022: Part 2
2022 will be the year that the “good guys”' finally have the necessary tools to get in front of the ...
Deepfakes Mean Deep Financial Loss for Banking and Payment Industries
Banking and Payment Industries are on high alert due to a new threat in the cybersecurity landscape. Like many things ...
Creating AI Training Data Using Synthetic Data Techniques
Mercator Advisory Group members first heard about GANs and synthetic data reading Mercator’s machine learning primer published in April 2017. ...
Payment Fraud: The Game Where Not Losing Is a Win
As a CFO, your chief concern is your company's valuation and financial health. You're focused on setting and meeting expectations ...
It Happened! AI Deep Fake Mimicked a CEO’s Voice and Stole €220,000
AI has been used to create deep fake images, voices and videos. Researchers believe that it may soon be impossible ...
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