Sumsub has launched a Deepfake Detection feature integrated into its Video Identification solution. This comes as AI-powered fraud increasingly targets businesses, not just individual users. Sumsub’s 2023 Identity Fraud Report revealed a 10x increase in the number of deepfakes detected globally across all industries from 2022 to 2023, with crypto and fintech jointly constituting 96% of these cases. Deepfake incidents in the fintech sector increased by 700% in 2023 compared to the previous year, underscoring … More
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