Tech
Tuesday, 6/30, 11:43 AM
AI Is Supercharging Financial Fraud, and Banks Are Racing to Keep Up
- Deepfake voices, AI-cloned video and machine-written phishing are fueling a fast-rising wave of financial fraud — Mastercard projects related losses could climb to nearly $60 billion by 2030.
- Banks are fighting AI with AI, but the cheapest, most convincing scams in history are already here.