“We found a lack of informative podcasts talking about digital fraud threats and prevention for business owners. So, we decided to dive in and share our expertise along with industry top minds in the ‘What The Fraud?’ podcast.”

Podcast: trading the Brexit

Sumsub has announced the launch of its new podcast, ‘What The Fraud?’, aiming to explore the impact of digital fraud on businesses and discuss challenges and prevention strategies in the face of rapid AI developments.

Featuring guest experts from various fields such as AI, cybersecurity, fintech, crypto, and iGaming, the podcast will provide insights into protecting businesses against advanced fraud.

Deloitte forecasts $23 billion in losses to ID fraud

The creation of ‘What The Fraud?’ is part of the global verification platform’s response to the growing threat of digital fraud, highlighted by incidents such as a Hong Kong-based employee transferring US$25M to scammers due to a deepfake video.

With synthetic identity fraud expected to cause at least US$23 billion in losses by 2030, according to Deloitte Center for Financial Services, the podcast seeks to educate and inform business owners, risk managers, and compliance officers about fraud prevention.