Tag: deepfake fraud

Synthetic identity fraud is fast becoming one of the most complex threats facing financial institutions and regulated businesses today. According to SmartSearch, unlike conventional fraud,...

Identity fraud is no longer a peripheral compliance concern — it is one of the most pressing financial threats facing businesses in 2026. According to...

KYC failure is becoming a persistent problem for financial services firms as fraud techniques grow more advanced and regulatory expectations tighten. In 2024 alone,...

South Africans are increasingly exposed to digital crime as their personal information circulates more freely across the internet. According to RelyComply, fraudsters know exactly which...

Fraud prevention is becoming increasingly urgent as criminals employ more sophisticated tactics, forcing businesses, governments, and technology providers to rethink their defences. In the...

The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has issued a critical alert to assist financial institutions in identifying and addressing fraud schemes involving deepfake media created with generative AI (GenAI) tools.