Possible rewrites: 1. “KYC Redundant? How Gen AI Is Transforming Identity Verification” 2. “The Demise of KYC? Exploring the Impact of Gen AI on Customer Identification” 3. “Gen AI’s Rise: What It Means for KYC’s
Not uncommonly, KYC authentication involves “ID images,” or cross-checked selfies used to confirm a person is who they say they are.
There’s no evidence that gen AI tools have been used to fool a real KYC system — yet.
But the ease with which relatively convincing deepfaked ID images is cause for alarm.
Feeding deepfaked KYC images to an app is even easier than creating them.
The takeaway is that KYC, which was already hit-or-miss, could soon become effectively useless as a security measure.
