While this sounds great on the surface – who doesn’t want access to more sophisticated knowledge, after all? – it presents serious challenges as well. One of these challenges comes in the form of identity verification.
Public access to media known as “deepfakes” has grown alongside the availability of more sophisticated internet tools.
Deepfakes are an interesting and convincing form of manipulated and fabricated media. However, the truth is that deepfakes are costing fintechs massive amounts of money every year, and the problem is only getting worse.
