A team of researchers has found that biometric tests used by banks and cryptocurrency exchanges to verify users’ identities can be fooled by deepfake technology. In a report published on Wednesday, ...
Financial institutions are being increasingly targeted by deepfake-enabled fraud during know your customer (KYC) processes. These sophisticated attacks threaten the integrity of identity-verification ...
Recent years have witnessed a significant increase in the level of banking inclusion. In 2022, around 70% of the population had access to a bank account, up from ~40% a decade earlier, according to ...
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