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Paysafe Sees Onboarding as Fraud’s New Front Line

pymnts.com·4 days ago

Fraudsters are increasingly using generative AI technologies to mimic legitimate users during payment system onboarding, bypassing traditional authentication tools that weren't designed to detect AI-generated fraud attempts. This represents a new frontier where AI enables sophisticated financial crimes.

fraudgenerative AIpaymentsauthenticationfinancial crimeAI-enabled harm

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