Abhisek

Verifiable Credentials vs AI Fraud: Japan and Korea Banks’ 2026 Identity Playbook

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verify

As artificial intelligence continues to evolve, so do the threats it poses to financial institutions. Identity fraud powered by AI has become increasingly sophisticated, leaving traditional authentication methods vulnerable. In response, banks across Asia-Pacific—particularly in Japan and South Korea—are embracing a transformative approach: verifiable credentials (VCs) and phishing-resistant authentication technologies. This strategic shift represents a … Read more

AI Will Cut 200K EU Banking Jobs By 2030: What Compliance And Fraud Teams Do Next

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ai

Analysts at Morgan Stanley predict that artificial intelligence will displace around 200,000 jobs in European banking by 2030, primarily targeting back and middle office roles including compliance and fraud detection.[1] This forecast, equating to about 10% of the sector’s workforce, signals a profound shift as banks prioritize AI for efficiency gains amid competitive pressures. The … Read more

How European Banks Are Building Privacy-Proof Fraud Detection With Small LLMs (Beating US Giants)

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llm

European banks are pioneering privacy-compliant fraud detection systems using small language models (LLMs) and established AI techniques, delivering tangible benefits like reduced losses and fewer false positives while adhering to stringent EU regulations—positioning them ahead of US giants burdened by less unified privacy frameworks. The Rise of AI in European Banking Fraud Detection AI adoption … Read more

CEE Banks Go Cloud-Native: AI Fraud Playbooks From Warsaw To Bucharest – Agentic AI, Scalability Trends

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cee

Central and Eastern European (CEE) banks are rapidly transitioning to cloud-native architectures powered by agentic AI to combat sophisticated fraud, enhancing scalability from Warsaw to Bucharest. This shift addresses surging threats like genAI-enabled scams while enabling real-time detection and compliance. The Rising Fraud Tide in CEE Banking Fraud in banking is evolving with generative AI … Read more

AI Search Hits CEE: Why Polish and Romanian Brands Need ‘Assistant-Ready’ Content Now

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poland

AI Search Hits CEE: Why Polish/Romanian Brands Need ‘Assistant‑Ready’ Content Now AI-powered search and virtual assistants are rapidly transforming how consumers in Central and Eastern Europe (CEE) discover brands, with Poland and Romania at the forefront of this shift. Brands in these markets must optimize content for AI assistants like generative AI-enhanced Google or ChatGPT … Read more

The Hidden AI Layer Inside UPI, ONDC, and Account Aggregators

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upi

India’s digital rails—UPI, ONDC, and Account Aggregators—are evolving from rule-based systems to AI-augmented infrastructure over the next 3–5 years. AI will embed quietly in fraud scoring, credit models, dispute triage, and cross-sell opportunities, boosting efficiency across the stack.bfsi.economictimes.indiatimes+2​ Infrastructure Layer (NPCI + AA) NPCI currently relies on rules like device binding and SIM checks for … Read more

How Indians Actually Use AI Daily (And Why Most Brands Are Still Marketing It Wrong)

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indian

Indians lead global AI adoption with 73% usage rates, primarily for practical tasks like voice search, information queries, and content generation, yet brands often push futuristic hype over these everyday realities.[3] This disconnect stems from marketing that overlooks India’s multilingual, mobile-first habits in favor of generic global narratives. The Scale of AI in Everyday Indian … Read more

Which AI Systems Are Classified as High-Risk Under the EU AI Act?

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act

The EU AI Act, enforceable since August 2024, adopts a risk-based approach to regulate AI systems, categorizing them into unacceptable, high, limited, and minimal risk levels. High-risk AI systems face the strictest obligations due to their potential impact on health, safety, and fundamental rights. The Risk-Based Framework of the EU AI Act The Act classifies … Read more

Top AI Techniques European Banks Are Using in 2025

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eu

European banks are rapidly adopting artificial intelligence to enhance efficiency, sharpen decision-making, and manage risks, with credit scoring and fraud detection emerging as the top techniques according to the latest European Central Bank (ECB) data.[1][2] This surge aligns with the EU AI Act’s implementation, prompting banks to refine governance while scaling AI applications. The Rise … Read more

Why AI Fraud Detection Is Exploding in Europe

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fraud

Sophisticated fraud attacks in Europe have surged, driving explosive growth in AI fraud detection as businesses and regulators race to counter AI-enabled threats like deepfakes and synthetic identities. The Surge in Sophisticated Fraud Attacks Europe’s fraud landscape shifted dramatically in 2025, with complex, multi-step fraud attacks rising 180% year-on-year globally, a trend hitting the region … Read more