A new report by Signicat, the European digital identity and fraud prevention solutions provider, reveals that artificial intelligence (AI) is used in over a third of fraud attempts targeting financial institutions, with one in fifteen fraud attempts now using deepfakes. The study, titled “The Battle against AI-driven Identity Fraud,” found that 42.5% of detected fraud […]News Bytes, ai, Artificial Intelligence, Artificial intelligence (AI), deepfakes, financial fraud, Identity Fraud, News Bytes – 5, SignicatRead More

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