Financial companies are fighting against AI Deepfakes, with more than 70% of new attempts to enroll to make some companies false

Advances such as these can control customer acquisition and increase productivity use, all good for the bottom line. “AI was a game that changed in international payment and financial services. In 2024, we processed more than $ 1 trillion in global transactions, all supported by AI,” says Tianyi Zhang, CEO of Risk Management and Cyber Security in Singapore Ant International.

Although AI represents the opportunity for financial companies as International, it also pose risks. Bad actors can use AI progress to intensify the threat of fraud and fraud against customers and financial institutions.

In particular, Zhang is worried about Deepfakes: “Perhaps the most famous examples of the risks generated by AI.”

“In some markets, we have found that more than 70% of new records may be deep,” he notes. “We identified more than 150 types of attacks on deep rays.”

Last year, Microsoft warned that Deepfakes generated by AI are now very realistic and ever easier for everyone. The company has indicated that Deepfakes, which are now increasingly used in fraud, have called for new legislation that limits bad actors in the use of these technologies.

Deepfakes may be a challenge for financial institutions, such as International, which need credible identities to carry out knowledge controls to comply with the legislation against the chassis and anti-pipes.

For example, cyber security experts argue that North Korean IT workers use Deepfake identity to obtain jobs in leading technology companies and funnel earnings back to an isolated country.

“Improved Security”

Ant International is an Ant Group’s international wing, a rope branch in Alibaba giant and the ubiquitous Alipay Payments app. In 2024, Ant Group established Ant International as an independent business unit with its own council.

Ant International runs Alipay+, Antom, Betr and Worldfirst and is present in more than 60 markets around the world. The company facilitates services such as payments, cross -border transactions and loans.

Zhang said that AI helps Ant International to provide “greater efficiency” and “increased security” to its 100 million Mercant customers around the world, most of which are small and medium -sized enterprises.

In the fight against new AI threats, Ant International focuses on three areas: investing in security and AI, building expertise and knowledge banks specific to Fintech and expanding their AI products in business.

Zhang points to the Alipay+ Genai Cockpit platform, which, among other things, provides FINTET to companies, banks and super -time Super applications. Ant International argues that the platform is fighting against hallucinations and other risks of data using more than 100 recognition models and 600,000 risky lexiconic.

Ant International is also preparing to launch the EasySaFepay 360, an account protection program for Alipay+, in the coming months. This platform will use AI to manage risk and protection transactions and offer a back money guarantee considered unauthorized.

The company hopes that the platform will facilitate the growing number of cross -border payments, encouraged by global travel. Ant International, quoting an external reserve that the gross cross -border travel market could reach $ 1.8 trillion by 2028.