Great insights from Mark Graves, Esq., CAMS, CRCP on the dual role of AI in fintech💡 While AI is transforming security and efficiency in the industry, it also presents new challenges with more sophisticated attacks. At Conduit, we’re committed to staying ahead of these threats and protecting our users.
AI vs. AI Artificial intelligence is revolutionizing fintech by enhancing security, efficiency, and the customer experience—but it also opens new doors for criminals. In this post, I explore both sides of AI in the fight against financial fraud: 1️⃣ AI as our protector: From machine learning to biometric authentication, we’re using AI to strengthen our defenses. 2️⃣ AI as a criminal's tool: Unfortunately, technologies like deepfakes and voice generators are being leveraged for more sophisticated attacks. At Conduit, we work every day to stay one step ahead. But how can the industry ensure we keep innovating to protect our users? What’s your take on AI’s role in combating identity fraud? I’d love to hear your thoughts in the comments. #Fintech #ArtificialIntelligence #FraudPrevention #IdentityFraud