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Home FutureCISO

FinVolution invests in deepfake detection tech to fight deepfake and financial crimes

FutureCIO Editors by FutureCIO Editors
July 8, 2024
Photo by Snapwire: https://www.pexels.com/photo/man-in-black-holding-phone-618613/

Photo by Snapwire: https://www.pexels.com/photo/man-in-black-holding-phone-618613/

With the proliferation of deepfake-driven and AI-generated attacks in the financial services sector,  FinVolution has significantly invested in deepfake detection technologies to fight against financial crimes.

"Globally, the technology to detect fake voices is not keeping pace with the technology used to create them. We are pushing for advancements in AI that can detect these fakes, aiming to align these defences with the capabilities of large-scale model applications," Chen said. "Such efforts are vital for effectively safeguarding the security of public information and individual rights," Lei Chen, vice president of FinVolution and head of its big data and AI division, said.  

Click here for the full story

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Tags: financial crimeFinVolutionfraud
FutureCIO Editors

FutureCIO Editors

Strategic Insights for Chief Information Officers

FutureCIO is about enabling the CIO, his team, the leadership and the enterprise through shared expertise, know-how and experience - through a community of shared interests and goals. It is also about discovering unknown best practices that will help realize new business models.

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