The article discusses the need for banks to update their fraud programs to combat mule accounts in the era of AI deepfakes. It emphasizes the importance of implementing multiple layers of controls instead of relying on a single control to address suspicious accounts.
Anthony Hope, the group head of AML, counter-terrorist financing, and fraud risk at NAB, highlights the significance of having additional controls such as password or biometric authentication to enhance security. The article also touches upon the role of AI in fighting cybercrime and the necessity of regulatory changes to support AI products.
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
How to level up your teaching with AI. Discover how to use clones and GPTs in your classroom—personalized AI teaching is the future.
Trump's Third Term? AI already knows how this can be done. A study shows how OpenAI, Grok, DeepSeek & Google outline ways to dismantle U.S. democracy.
Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.