Fraudsters can now clone faces and voices in seconds with off-the-shelf generative AI kits. Even worse, these deepfakes can slip straight past legacy “document-and-selfie” checks, opening the door to account takeovers, call center social engineering, and synthetic ID onboarding.
In this short interview with The FinTech Power 50 at Money20/20 Europe, Daon President Clive Bourke shares how to stay ahead of AI-powered fraud:
“We’re using AI to fight AI within the identity-verification process.”