How fraudsters bypass customer identity verification using deepfakes
Fraudsters are using AI-generated digital clones to bypass Know Your Customer (KYC) procedures and open money laundering accounts.
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Fraudsters are using AI-generated digital clones to bypass Know Your Customer (KYC) procedures and open money laundering accounts.
Digital signatures cannot solve the requirement of checking the authenticity of documents required by KYC procedures. That is where smart contracts may come in handy.