As banks and payment providers face increasingly sophisticated fraud schemes, Generative AI presents the potential to detect anomalies, predict fraudulent activity through identity verification and improve overall security. However, fraudsters, too, have grown more sophisticated. The big question is how banks can best adapt their counter-fraud strategies to emerging fraud trends in an AI-dominated environment.
This webinar brings together experts in AI, compliance, fraud and risk in North America to discuss how banks and payment providers are both defending against and capitalizing on GenAI in order to supercharge real-time fraud detection in today’s digital world.
Watch to gain insights on:
- The evolution of counter fraud in a digital and AI-driven era
- Combating synthetic reality and how identity verification must transform
- The power of AI-powered predictive modeling in the fight against fraud
- The current state of play: how have counter-fraud measures adapted to the digital era?
- From compromised data to synthetic reality: what are the main fraud risks that AI is now enabling and how can they be mitigated?
- Predictive modeling: how can AI be used to foresee potential fraud before it occurs?
- Defending against deepfakes: how can banks ensure quick and uncompromisable customer identity verification?
- Protecting against AI bias in verification: what are the common pitfalls to avoid?
- From employee education to data siloes: how can banks stay ahead of AI and fraud on an institutional level?
- Agility in fraud detection: what’s required to ensure banks can adapt quickly to new threats as they emerge?
Panelists include:
About IDVerse
IDVerse, an OCR Labs Company helps you quickly scale your business globally. Our fully-automated solution verifies new users in seconds with just their face and smartphone – in over 220 countries and territories with any ID document – without the burden of human intervention.
We empower true identity for people around the world. Through our Zero Bias AI™ technology, we are pioneering the use of generative AI to train deep neural network systems to protect against discrimination on the basis of race, age and gender. We are the first company to achieve 99.99% accuracy in independent lab testing.
Our advancements in Natural Vision Processing (NVP) are enabling machines to autonomously see and perceive as humans, and excel in ways that humans cannot.
IDVerse, an OCR Labs Company is trusted by startups, governments, and global enterprises including HSBC, Vodafone, BMW, Virgin Money, and ANZ for borderless and inclusive identity verification. Founded in Australia in 2018, OCR Labs Global is a Series B venture-backed company with headquarters in London and offices in North America, Asia and Europe.
For more information, visit https://idverse.com/
