Deepfakes Are Coming for Your Bank Account (theatlantic.com)

• Deepfakes enable realistic identity spoofing in banking transactions.
• Banks are upgrading with biometric liveness detection and AI countermeasures.
• EU AI Act criticized as too slow to address evolving deepfake threats.

"Deepfake technology is increasingly used for financial fraud. Criminals deploy synthetic voices and videos to drain bank accounts. The EU is drafting AI regulations, but experts urge faster, more adaptive measures."