FinTech Magazine’s Post

Join industry experts David Birch, Maxwell Chen, and Andreas Brix for an eye-opening webinar on the growing threat of fraud in the UK, US, and Europe. Discover how AI is challenging traditional fraud prevention and learn how cutting-edge cryptographic methods and reimagined digital signatures are transforming the fight against fraud. Click here to join: https://ow.ly/9TF150Th8aF #CyberSecurity #Fraud #AI

Join industry experts David Birch, Maxwell Chen, and Andreas Brix for an eye-opening webinar on the growing threat of fraud in the UK, US, and Europe. Discover how AI is challenging traditional fraud prevention and learn how cutting-edge cryptographic methods and reimagined digital signatures are transforming the fight against fraud. #CyberSecurity #Fraud #AI

Join industry experts David Birch, Maxwell Chen, and Andreas Brix for an eye-opening webinar on the growing threat of fraud in the UK, US, and Europe. Discover how AI is challenging traditional fraud prevention and learn how cutting-edge cryptographic methods and reimagined digital signatures are transforming the fight against fraud. #CyberSecurity #Fraud #AI

#marketupdatemonday 🗞️ Did you know that while credit card transactions have strong fraud protection, document signing often does not? Proof's new tool, Defend, is here to change that. 🛡️ Proof, a remote online notarization firm, has launched an AI-powered fraud detection tool called Defend, integrated into their platform. Inspired to tackle the $81 billion in annual U.S. losses from falsified records, forged signatures, and identity theft, Proof aims to bring the same level of security to document signing that credit card transactions have. Read more here: https://lnkd.in/eQAkqh7R . . . #FraudPrevention #CyberSecurity #AI #Innovation #DigitalSecurity #DocumentProtection #TechNews #StaySafe #IdentityTheft #Notarization #Proof #Defend #SaveTime #CloseMore #TitleWrite

Telesign's 2024 Trust Index Report highlights alarming trends in digital fraud, revealing that nearly one in three individuals have fallen victim to fraud, driven by data breaches and the rise of AI. Read the Latest full News - https://lnkd.in/dpAjgFuQ #Telesign #TrustIndex #DigitalFraud #DataSecurity #AI #FraudPrevention #CyberSecurity #ConsumerProtection

Ever felt that the mix of AI and fraud seems more like buzzwords, with little known about this topic? Now that generative AI is within reach for everyone, of course, fraudsters won’t just stand idly. But what are they up to? 🧐   It’s time to find out from those who actually manage to get in the fraudsters’ lairs and see things firsthand. 😎   In this upcoming webinar, Mateusz will walk us through the ins and outs of AI-driven account takeover to offer us a clear view of the present scenario and help us understand how fraudsters are exploiting AI-enabled technology to produce new fraud streams.   We'll also have an interactive session where your input and participation are essential. 🗣💡 And prepare your burning questions for an engaging AMA session on all things ATO.🔥 Details below!

📈 In 2024, fraud is expected to increase, thanks to real-time payments, which afford little time for financial institutions to authenticate. ⏱️ Integrated fraud services will be key here. Transactions can be screened and blocked in real-time, and biometrics like multi-factor authentication can also be tracked more efficiently. 🦾 Plus, generative AI will also be instrumental. With GenAI driving identity fraud cases, institutions are - ironically enough - also using LLMs to strengthen cybersecurity defences, helping identify transaction patterns and flagging suspicious activities. 1️⃣ It’ll be interesting to see how governments and private institutes continue to mitigate these risks in the new year. One thing’s for certain - proactive strategies are going to be the only way to thrive in a constantly evolving digital financial ecosystem. #financialcrime #generativeAI #cybersecurity #fraud #crimeprevention

As AI continues to evolve, the fight against online fraud is harder than ever. Safeguarding your digital presence by taking precautions like locking credit reports, conducting annual reviews of financial records, and leveraging credit monitoring tools becomes essential in staying one step ahead. 🌐🔒 “We are seeing more and more fraudsters linking stolen credit cards to synthetic identities and stolen identities. … We believe with time, and if the tool is really effective, we will see an increase in the volume of this activity in the online fraud ecosystem.” David Maimon, Professor at Georgia State University Learn more about AI’s evolving role in payments & fraud by watching the Spark Signals by Go Studio video clips: https://bit.ly/3TWxOAH #PaymentFraud #CyberSecurity #DataSecurity

Interested in finding ways to reinforce security defenses? 🎧Register for our upcoming webinar in partnership with AuthenticID https://hubs.li/Q02PXywY0. In this webinar AuthenticID's Founder & President, Blair Cohen, and Simon Marchand, CFE, C.Adm. and Sarah Clark, Founder and Consultant of Lens Identity, offer insights into understanding re-authentication methods and insights into the power of biometrics. Want to combat fraud smarter? Register for our webinar to learn best practices for integrating re-authentication into your security framework, overcoming adoption hurdles, and maximising its fraud prevention potential https://hubs.li/Q02PXywY0. #authenticid #identityfraud #identityverification #fraud #fraudprevention #fintech

🚨 AI Voice Cloning Scams on the Rise!🚨 Starling Bank warns that millions could be at risk of sophisticated fraud involving AI voice cloning technology. With just a few seconds of audio, scammers can mimic your voice and target your friends and family, requesting money over the phone. In today’s digital world, safeguarding your personal information is more critical than ever. Learn how to protect yourself and your loved ones from this emerging threat. Read more on https://lnkd.in/gsVxzAbf #AIFraud #VoiceCloning #DigitalSecurity #OnlineSafety #ScamAwareness #StarlingBank #CyberSecurity