AI-Enabled Fraud Poses Growing Risk to Corporate Financial Operations
New research from Certos, powered by Early Warning (Zelle's parent company), reveals that AI-generated fraud is increasingly targeting corporate financial operations. The study found that 81% of surveyed CFOs experienced attempted AI-enabled fraud in the past year and expressed growing concern over their ability to detect such threats before funds are transferred. The research highlights a critical vulnerability: many corporations maintain relationships with multiple banks, creating cross-bank blind spots where individual institutions lack visibility into transactions beyond their own systems. Certos argues that deepfake detection alone is insufficient; instead, interbank intelligence can help verify the legitimacy of receiving accounts in real time before funds are moved. Certos' solutions have helped prevent approximately $16.4 billion in fraud over four years by providing identity verification and risk insights across financial institutions.
Topics: AI fraud Certos research deepfake detection interbank intelligence