AI fraud may be too much for some financial companies, warns Treasury Dept
The risks of generative artificial intelligence are looming over the financial services industry. As access to more advanced AI tools…
generative AI
Biometric Update regularly publishes articles about the topic "generative AI." The following set of links is available to assist you with finding biometrics news about "generative AI" and other relevant terms. More tags may be explored by reviewing our comprehensive Biometrics Topics list.
AI for secure digital identity revolutionizing banking in Pakistan
Artificial Intelligence (AI), is revolutionizing the banking sector and presents unprecedented options for proficiency and innovation. The adoption of AI…
Financial fraud is exploding, fueled by cheap and easy generative AI tools
If biometrics and digital identity providers seem hyperbolic about the risk of fraud and the importance of data security, consider…
Generative AI enabling identity fraud at scale: Au10tix report
An eight month-long identity fraud campaign coordinated by organized crime groups has attempted 22,080 fraudulent user onboarding attempts by repeatedly…
Au10tix researchers discover relaunched fake ID generation site OnlyFake
OnlyFake.org caused a stir among digital identity verification providers and businesses relying on biometrics to onboard customers when it was…
Double deepfaked with OnlyFake ID
By Rob Brown, Business Development Manager at Inverid Welcome to the future of deepfakes and their fake IDs… Imagine you’ve…
ACFE report says generative AI and biometrics key to fighting fraud, now and in future
It could not be put more plainly: “in 2024, using technology as part of an anti-fraud program is a necessity.”…
Unforeseen algorithm problems give Google a Gemini migraine
If this is what AI is doing in its pre-school years, its teen years should be a scream. Google executives…
The law is not keeping up with AI deepfake fraud, and it will only get worse
Joe Biden deepfake robocalls, Taylor Swift deepfake porn, the launch of Sora: the past few weeks have seen progressively disruptive…
Sora’s AI video has people gasping but have they already forgotten OnlyFake?
OpenAI is marketing Sora, its new text-to-video model, while withholding it from the public while it gets some red-team attention,…
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