Reported by Jason Branning, CFP, RICP Retirees need to be aware of emerging threats from the stories that are transmitted through various technologies. These threats could impact online security and gain access to your bank savings or investment accounts. Understanding that there are trapdoors that can be accessed or exploited through the technology is widely […]
Reported by Selena Kuznikov Morgan Freeman shared a note giving thanks to his fans Friday morning, expressing gratitude for users’ efforts calling out unauthorized AI imitations of the actor’s recognizable voice. The celebrated 87-year-old actor has become legend for his narration in films such as “March of the Penguins,” “The Shawshank Redemption” and “Million Dollar Baby.” […]
Reported by Robert Lemos, Contributing Writer Over the past two years, researchers at UK-based fraud-defense firm Netcraft used a chatbot based on Open AI’s ChatGPT to respond to scams and convince cybercriminals to part with sensitive information: specifically, banks account numbers at more than 600 financial institutions spanning 73 different countries that are used to […]
Ever since its launch in November 2022, Generative AI has been the topic of discussion on everyone’s lips when it comes to discussing transformational technology. In the area of KYC, could we expect Generative AI to have significant long term impacts? Reported by FinTech Global In the view of Ted Datta, senior director, head of […]
Reported by Vanguard Reports The global market for AI-powered KYC (Know Your Customer) solutions in the banking industry has witnessed remarkable growth in recent years, driven by the increasing adoption of advanced technologies to enhance regulatory compliance, customer onboarding, and fraud detection processes. According to a report by Grand View Research, the global artificial intelligence […]
Reported by Rick Schindler YouTube has deleted a thousand videos circulating on its platform that purportedly showed Taylor Swift, Steve Harvey and Joe Rogan denouncing a Medicare scam, 404 Media reported today. The videos the celebrities appeared to be showing were not legitimate advertisements for Medicare plans that would help seniors meet their health care […]
Financial Crime News Briefs 