This post was originally published on Finextra (Security)
ID-Pal, a leading provider of AI-powered identity verification, has announced a major enhancement to its multi-award-winning document-fraud detection feature, ID-Detect, delivering even more powerful defences against digital manipulation generated by AI.
This form of manipulation is one of the fastest-growing threats facing financially regulated enterprises and payments providers.
AI-fraud remains a global concern, with the UK’s Minister of State for the Home Office, Lord Hanson, confirming just this month that artificial intelligence “will dominate the next four to five years” of the UK fraud landscape.
As new techniques emerge, the risks facing financial institutions continue to rise. Among the most significant are presentation attacks: highly sophisticated spoofing attempts using videos, photos, masks or 3D models to impersonate real users.
Only AI-powered solutions can reliably detect and defeat the new wave of AI-generated fraud threats. ID-Pal’s acclaimed document-fraud detection feature, ID-Detect, has now been strengthened to safeguard against four distinct categories of presentation attacks, with the fourth and latest category delivering even more advanced detection of digital manipulation:
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• Screen replay attacks
• – where stolen images or videos are reused to impersonate real users
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• Printed copy attacks
• – involving forged, photocopied or reprinted identity documents
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• Portrait substitution
— Read the rest of this post, which was originally published on Finextra (Security).
