Can Adverse Media Screening Software Revolutionize AML Compliance? If we talk about the annual cost of financial crime to the world economy, that is estimated to be $4.5 trillion, and negative media is a key signal of high risk organizations. While regulators are placing more emphasis on the issue of unfavorable media checks in due…
Technological developments have made it simpler to produce digitally altered synthetic media, and imposters are frequently abusing the technology for immoral ends. Deepfake technology creates incredibly lifelike identities by combining sophisticated machine learning and complex algorithms. Some deepfakes are completely new identities made to evade authentication systems, while others are existing identities. For example, deepfakes…