A flood of Deepfakes of AI defies the financial sector, with more than 70% of new registrations for certain companies that are false

Progress like these can stimulate customer acquisition and stimulate employee productivity, all good for results. “The AI has changed the situation in the way we provide international payment services and financial services.

However, although AI presents an opportunity for financial companies like Ant International, it also presents risks. Bad actors can exploit AI’s progress to intensify the threat of scams and fraud against customers and financial institutions.

Zhang, in particular, is worried about Deepfakes, “perhaps the best known examples of risk generated by AI”.

“In some markets, we have found that more than 70% of new registrations can be attempts at defake,” he notes. “We have identified more than 150 types of Deepfake attacks.”

Last year, Microsoft warned that Deepfakes generated by AI is now very realistic and more and more simple to produce. The company reported that Deepfakes was now used more and more in fraud and has called for new legislation to slow down bad players in the use of these technologies.

Deepfakes can be a challenge for financial institutions like Ant International, which need identities of trust to be able to make your customer’s knowledge checks to comply with anti-fraud and anti-defrase legislation.

For example, cybersecurity experts claim that North Korean IT workers use deep identities to obtain jobs in the main technological companies and strengthen income to the isolated country.

“Improved security”

Ant International is the international Wing of Ant Group, the Affiliate Fintech of the Alibaba electronic commerce giant and the omnipresent application of Alipay payments. In 2024, Ant Group created Ant International as an independent commercial asset with its own board of directors.

Ant International operates Alipay +, Antom, Bettr and Worldfirst, and is present in more than 60 markets worldwide. The company facilitates services such as payments, cross -border transactions and loans.

Zhang has said that IA helps ANT International to provide “greater efficiency” and “improved security” to its 100 million merchant customers worldwide, most of which are small and medium -sized businesses.

To combat new threats from AI, Ant International focuses on three areas: investing in security and AI, expertise creation and specific knowledge banks, and expand its commercial AI products to business.

Zhang points to the Genai Cockpit platform of Alipay +, which gives companies Fintech, banks and superapps in real time, among other services. Ant International claims that the platform fights hallucinations and other risks of data using more than 100 recognition models and 600,000 lexicons at risk.

Ant International is also preparing to launch Easysafepay 360, an account protection program for Alipay +, in the coming months. This platform will take advantage of the AI to manage risk transactions and saved, as well as to offer a reimbursement guarantee for transactions deemed unauthorized.

The company hopes that the platform will facilitate the growing number of cross-border payments, stimulated by global trips. Ant International, citing external research, believes that the gross market for cross -border travel services could reach 1.8 billion of dollars by 2028.