Deepfakes & Instant Payments - A Dangerous Mix

Deepfake fraud is growing rapidly, with millions of manipulated images and videos expected annually. Combined with instant payments where funds move irreversibly in seconds this creates significant legal and consumer protection challenges for banks and regulators alike.

Complexity Creates Vulnerability

Innovation in payments (real-time payments, account-to-account transfers, interoperable platforms) improves convenience but increases exposure. Larger, more complex payment ecosystems offer more entry points for fraudsters, even as they benefit consumers.

Protect Consumers - Enable Compliance - Build Trust