It challenges a flood from Ai Deepfakes the financial sector, as it was more than 70 % of the new records of some fake companies

Photo of author

By [email protected]



Financial institutions researcher Use artificial intelligenceThe argument that new technology can speed up tasks such as “KNOW-CustOR” checks, customers on the plane, and processing documents.

Developments such as this can increase customer acquisition and enhance employee productivity, all of which are good for the summary. “Artificial intelligence was changing games in how to provide international payment and financial services. In 2024, we processed more than one trillion dollars in global transactions, all of which are supported by artificial intelligence,” says Tianyi Zhang, Director General of Cyber Cyber and Cyber Security in Singapore.

However, AI provides an opportunity for financial companies such as Ant International, they also pose risks. Poor actors can exploit the progress of artificial intelligence to intensify the threat of fraud and fraud against both clients and financial institutions.

Zhang, in particular, is concerned about it Deepfakes“Perhaps the most famous examples of the risks generated by artificial intelligence.”

“In some markets, we found that more than 70 % of the new records may be deep attempts,” he said. “We have identified more than 150 species of Deepfake attacks.”

Last year, Microsoft to caution Deepfakes created from artificial intelligence are now very realistic and increasingly simple for anyone to produce it. The company explained that Deepfakes were now increasingly used in fraud, and called for new legislation to dig bad actors of using these technologies.

Deepfakes can be a challenge for financial institutions such as ANT International, which needs reliable identities to be able to conduct well -known checks for compliance with anti -laundering and control legislation.

For example, cyber security experts He says North Korea’s IT workers use deep identities to obtain jobs in leading technical companies and repression profits to the isolated country.

“Important Security”

Ant International is the international pavilion of the ANT Group group, which is the Fintech company of Alibaba, the giant electronic commerce company and a Alipay payment application operator everywhere. In 2024, Ant Group Ant International was established as an independent business unit with its own council.

Ant International operates Alipay+, Antom, Bettr and WorldFirst, and is located in more than 60 markets worldwide. The company facilitates services such as payments, border transactions, and lending.

Zhang said artificial intelligence helps Ant International to provide “greater efficiency” and “improved security” to its 100 million customers around the world, most of them are small and medium enterprises.

To combat new threats of artificial intelligence, Ant International focuses on three areas: investing in security and AI, building experience and knowledge banks for technology, and expanding AI’s commercial products.

Zhang refers to the Cockpit Genai platform from Alipay+, which provides Fintech companies, banks and real -time risk evaluation, among other services. Ant International claims that the platform is fighting hallucinations and other data risks using more than 100 recognition form and 600,000 risk dictionary.

Ant International is also preparing to launch EasysafePay 360, which is the Alipay+Account Program, in the coming months. This platform will benefit from the artificial intelligence of risk management and transactions, in addition to providing a guarantee to capture funds for transactions that are not authorized.

The company hopes that the platform will facilitate the increasing number of cross -border payments, which are stimulated by Global Travel. Ant International, citing external research, estimates that the total border travel services market may reach $ 1.8 trillion by 2028.



https://fortune.com/img-assets/wp-content/uploads/2025/08/Zhang-Tianyi-speaking-at-Ant-International-partner-conference-in-April-in-Hong-Kong–e1755046263136.jpg?resize=1200,600

Source link

Leave a Comment