AI is advancing fast!
The rise of generative AI has made it alarmingly easy for bad actors to create believable fake identities and forged documents.
What used to require expert skills can now be done with just a simple prompt.
Enhanced fraud detection
To combat this growing threat, Groningen-based Klippa announced the launch of its enhanced fraud detection functionality within the DocHorizon platform.
This solution is designed to tackle the rise of fraud driven by generative AI.
It uses AI and computer vision to swiftly identify signs of document tampering. Businesses need to be ready for this challenge.
A recent study by DocuSign and Entrust found that identity fraud costs businesses around the world about $7M every year.
Identity fraud is just one part of a bigger problem. Generative AI has made it easier to forge documents, making detection harder.
As trust in digital systems decreases, organisations need to use advanced AI verification tools that can spot subtle changes, confirm user identity, and check data in real time.
Hosting a webinar
Klippa is hosting a free webinar about the rising threat of AI-driven fraud and how businesses can protect themselves.
During this one-hour session, Klippa will discuss how generative AI is used in fraud and show ways to detect and prevent these activities.
Experts from Klippa will share their tips on spotting document fraud and image tampering, as well as best practices in fraud prevention and information management.
You can register for the webinar here.
Klippa: What should you know?
Klippa was founded in 2015 by Bart-Jan Maatman, Robert-Jan Verheggen, Jeroen Bobbeldijk, and Yeelen Knegtering.
Since its inception in 2015, the company has grown significantly and helps companies like Eurofins, SNCF, and Siemens save time and reduce costs.
Its product, DocHorizon, is a cloud-based platform that automates document-related workflows.
Users can design AI workflows and connect them to data across different applications.
The Dutch company is also recognised as a Peppol-certified provider for electronic invoice processing.
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