By AML Intelligence Correspondents
Deepfakes have become a serious threat to financial firms, with manipulated videos costing companies millions.
As these technologies grow more sophisticated, it’s critical for finance and compliance professionals to stay ahead of the curve.
That’s why on October 15th at 2 PM BST, ID-Pal and AML Intelligence are hosting a free online webinar featuring industry-leading experts. This event is designed specifically for banking and finance professionals in Ireland and the UK, offering practical insights to help protect your business from deepfake threats.
Why This Matters:
In a recent case, a company lost £20 million due to a manipulated video, highlighting the urgent need for advanced strategies to detect and prevent deepfakes. Understanding their impact on identity verification is now essential for all financial institutions.
Meet the Expert Panel:
Moderated by Colum Lyons, Founder & CEO of ID-Pal, the panel includes:
- Konstantin Simonchik, Co-Founder & Chief Scientific Officer at ID R&D Inc., an expert in biometric technologies and deepfake detection.
- Alison Donnelly, Director at fscom, a leading voice in payment policy and compliance.
- David Birch, Global Ambassador at Consult Hyperion, renowned for his expertise in digital identity and emerging payment systems.
What You’ll Learn:
During this 45-minute session, our expert panel will cover:
- How deepfakes are created and their impact on digital security.
- Key detection strategies, including the latest biometric technologies.
- The evolving regulatory landscape and what it means for your organisation.
Colum Lyons praised the “exceptional” panel, noting attendees will gain crucial insights into both the technology and regulations surrounding deepfakes.
What This Webinar Can Offer You:
Konstantin Simonchik highlights that as deepfakes become increasingly sophisticated, experts are focused on “advancing biometric technologies to detect and prevent these threats.” He will share insights into the latest developments in deepfake detection and how robust face and voice recognition can serve as powerful tools in securing digital identities across industries.
Alison Donnelly emphasises that the webinar “offers a great opportunity to explore practical compliance measures” that can effectively counter emerging deepfake threats, as well as the role of regulators and regulations in tackling these challenges.
David Birch adds that deepfakes “challenge the very core of digital identity, posing new threats to secure electronic transactions.” He will discuss how emerging technologies, and evolving regulations can either mitigate these risks or exacerbate them, stressing the importance of understanding these dynamics to maintain trust in an increasingly digital world.
Don’t Miss Out:
Register now to secure your spot and ensure your compliance practices stay ahead of the deepfake threat.
Register HERE
Find out more about ID-Pal here.
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