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The AI cat and mouse game has begun

CIO

Fight AI fraud with AI tools What was once hypothetical, has now become very real, further raising the bar for CISOs and CIOs in their daily battle with fraud. AI-based identity management and access control technologies are essential for enhancing cybersecurity measures. Lesson learned: once access is given, it’s too late.

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Smile Identity expands African footprint with acquisition of Appruve to strengthen ID verification services

TechCrunch

Smile Identity , a KYC compliance and ID verification partner for many African fintechs and businesses, has acquired Inclusive Innovations, the parent company of Appruve , a Ghanaian developer of identity verification software. Other prominent use cases include AML checks, customer onboarding and fraud prevention.

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Patient data is at greater risk than ever. AI can help

CIO

Sensitive personal and medical information can be used in multiple ways, from identity theft and insurance fraud to ransomware attacks. Once you’ve made progress on that dimension, you can explore how to use generative AI to improve your broader cybersecurity and build cyber-resilience.”

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Early Affirm employees raise $70M for SentiLink, an identity verification startup

TechCrunch

SentiLink , an identity verification technology startup, has raised $70 million in a Series B funding round led by Craft Ventures. Naftali Harris and Max Blumenfeld founded SentiLink in mid-2017 after their experience working as data scientists at Affirm, where they built out the company’s risk function.

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Sardine raises $51.5M led by a16z to sniff out fishy fintech transactions

TechCrunch

“Faster instant payments mean faster fraud,” Sardine CEO and co-founder Soups Ranjan told TechCrunch. That’s the thesis behind his startup, which uses behavioral, financial and device-specific user data to detect fraud on behalf of its clients in the crypto and fintech industries. and Europe, Ranjan said.

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Should finance organizations bank on Generative AI?

CIO

As I work with financial services and banking organizations around the world, one thing is clear: AI and generative AI are hot topics of conversation. Financial use cases for generative AI and AI As I work with financial services enterprises to help advance generative AI, here are some of the use cases that are at the forefront of adoption.

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Last call to register for today’s filming of TechCrunch Live with Persona and Index Ventures

TechCrunch

Identity management used to mean making sure you had your driver’s license when you left the house, but these days it’s not so easy: Identity fundamentally underpins how we engage with the digital world, and identity services can take on many forms (and abuses). billion valuation in its last funding round.

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