September 29, 2025 - 09:27
A manipulated video of a political candidate can spread like wildfire, igniting immediate backlash and confusion among the public. In an age where digital content is easily created and disseminated, the implications of deepfake technology extend far beyond entertainment, posing significant risks to various sectors, particularly global finance.
Fraudulent video calls are becoming an alarming trend within the banking sector, where criminals exploit this technology to impersonate executives or clients. These deceptive interactions can lead to substantial financial losses, often leaving no trace of the crime behind. As banks and financial institutions increasingly rely on digital communication, the potential for exploitation grows.
Experts warn that the rise of deepfake technology could undermine trust in legitimate financial transactions and communications. The challenge ahead lies in developing robust verification systems to distinguish between authentic and manipulated content. As this technology evolves, so must the strategies to combat its misuse, ensuring the integrity of global financial systems remains intact.
September 28, 2025 - 21:36
South Africa's Corruption Poses Threat to Global Financial StabilityIn 2023, South Africa was placed on the Financial Action Task Force`s `grey list,` highlighting significant concerns regarding its ability to combat illicit financial activities. This designation...
September 28, 2025 - 05:21
The Bank of New York Mellon: A Strong Contender in Dividend StabilityThe Bank of New York Mellon Corporation, a prominent American bank holding company with a rich history of over 240 years, has been recognized as one of the top dividend stocks in the banking sector...
September 27, 2025 - 23:06
Big Tech's Market Control: A Short-Term ConcernIn a recent discussion, BMO Private Wealth`s chief market strategist, Carol Schleif, shared her insights on the overwhelming dominance of megacap technology companies in the financial markets. She...
September 27, 2025 - 01:37
Michael Mousdale to Participate in Auto Finance Summit 2025Michael Mousdale, the U.S. market lead for Alfa Financial Software, is set to take part in a pivotal discussion on sustainable growth in the auto lending sector at the upcoming Auto Finance Summit...