fintech

deepfakes

Cheap AI Models Fuel Deepfake Fraud at Banks

The plummeting cost of capable AI models is putting deepfake fraud tools in the hands of more criminals, raising serious risks for banks and fintech firms that rely on identity verification and biometric checks.

deepfakes

Deepfake Borrowers Threaten Automated Bank Lending

Banks racing toward fully automated lending are now confronting AI-generated synthetic borrowers—deepfaked faces, voices, and documents—that can pass identity checks and secure loans, forcing a rethink of digital authenticity defenses.