This partnership allows new FutureBank customers to access the IDVerse software as part of its offering. IDVerse customers seeking a middleware platform can connect their API credentials to leverage FutureBank’s platform.
FutureBank serves as an integration platform for core banking providers, embedding financial services. It serves as the bridge between a bank and a third-party provider they wish to integrate with, facilitating the faster, more secure launch of new products for banks and fintechs. IDVerse pioneers generative AI, using Zero Bias AI™ tested tech to train deep neural networks, guarding against race, age, and gender discrimination.
Russ Cohn, General Manager of EMEA at IDVerse, noted, “Creating a realistic fake identity in just 15 minutes is already quite simple using readily available online tools. Synthetic media is increasingly the go-to choice for fraudsters seeking illicit gains. We estimate a 400 percent year-on-year increase in the use of deepfakes for forging fake identities.
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