More than 50% of fraud driven by AI and hyper-realistic impersonations. Nine in ten banks already using AI to detect fraud – Feedzai report.

44% of financial professionals report that deepfakes are used in fraudulent schemes, and 56% of professionals cite social engineering. Fraudsters are also utilizing voice cloning techniques, with 60% of professionals recognizing this as a major concern, followed by 59% citing SMS and phishing scams powered by AI to deceive victims. 87% say data management is their […]