Technology is a tool neither good nor bad. It has the capacity to be a catalyst for change or have a detrimental impact on society – the difference depends on the intent of those that wield it. Tis is being played out in realtime in fraud prevention with new forms of GenAI-enabled fraud such as generated identity and deepfakes being combated by liveness checks and biometric verification.
Fraud Prevention Fight Fire with Fire
Sumsub, GeoLocs, SEON, BETBAZAR, IDnow and KYCAID discuss the latest tactics being used by fraudsters across the globe and what’s being done to fight back.