Economy News

AI and Deepfakes in Money Laundering: Criminals Overwhelm Banks with Suspicious Transactions

11 de julio de 2026Pablo Navarro1 min

Criminals are increasingly leveraging artificial intelligence, especially deepfakes, for money laundering. This technology allows them to bypass identification procedures like video-identification or to simulate fictitious customer profiles. The German financial supervisory authority, Bafin, explicitly warns of a "significant risk" that this development poses for Germany, as banks are being flooded with suspicious transactions.