Countering Deepfake Fraud in Digital Onboarding
May 5, 2021
@nickster2407) •
April 5, 2021
Sanjay Gupta, global head of products and corporate development, Mitek
Preventing deepfake fraud while addressing customer digital onboarding ease-of-use concerns is a balancing act. Mitek's Sanjay Gupta, an authority on identity verification, discusses the challenges of juggling security and convenience for banks onboarding new customers outside of their branches.
”There are two problems here. You've got fraudsters trying to spoof the system coming in, but then you've got human beings who don't want to do other things besides transact on that account or get an account set up,” Gupta says. “So there are two opposing foreign forces or devices, and you have to find a 'medium ground' way of preventing the fraudsters and helping people onboard.”