Financial Firms Face More AI-Assisted Fraud Activity – and Appear Better Prepared, Regula Study Finds

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Postmedia has not reviewed the content. by GlobeNewswire Financial Firms Face More AI-Assisted Fraud Activity – and Appear Better Prepared, Regula Study FindsAuthor of the article: You can save this article by registering for free here. Or sign-in if you have an account.RESTON, Va., Aug. 04, 2026 (GLOBE NEWSWIRE) — Regula, a global developer of identity verification solutions, has introduced the AI Identity Readiness Scorecard, a new analytical framework that evaluates how prepared different industries are for the growing role of AI in identity verification.The analysis shows that financial organizations face more AI-assisted identity activity than any other sector surveyed – yet are also adapting faster than the rest of the market.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountRather than measuring fraud volume alone, the AI Identity Readiness Scorecard looks at organizational readiness through four comparable dimensions:Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againAI exposure,visibility into AI-assisted interactions,identity verification capability,audit evidence.Together, these indicators reveal not only where AI is appearing first, but also which industries are adapting faster.The initial edition of the AI Identity Readiness Scorecard focuses on Financial Services – an industry that increasingly serves as an early indicator of how AI is reshaping identity fraud. According to Regula’s analysis, financial organizations report both the highest exposure to AI-assisted identity activity and the strongest capabilities to detect, assess, and document it.How Financial Services compares with the rest of the surveyed industries across the four dimensions of the AI Identity Readiness ScorecardMetricFinancial ServicesOther surveyed sectors, pooledPlain readingAI Exposure Score4944More AI-assisted and automated activity is reportedClear Visibility Score6354Common AI use is seen more clearlyVerification Capability Score5748Strongest-level capability is reported more oftenAudit Evidence Score7566Audit-grade proof is more common among externally tested organizationsWhy Financial Services offers an early view of what comes nextHistorically, fraud innovations tend to emerge where financial incentives are greatest. AI-assisted identity attacks appear to be following the same pattern.Financial institutions manage high-value identity events every day – from onboarding and lending to account recovery and beneficiary changes. It makes them an attractive environment for attackers experimenting with AI, automation, synthetic identities, and deepfakes.The findings suggest that what appears in financial services today is likely to become a broader challenge for other industries tomorrow.Financial Services is more exposed. But also more readyOne of the report’s most notable findings is that financial organizations outperform other industries across every dimension of the Scorecard – not despite experiencing more AI-assisted activity, but while experiencing more of it.Compared with the survey-wide benchmark, Financial Services reports:Greater AI exposure, reflecting more frequent AI-assisted and automated identity activity across onboarding, lending, account recovery, and other high-value customer journeys.Clearer visibility into AI-assisted interactions, with organizations more likely to distinguish legitimate software assistance from suspicious automation and classify AI participation with confidence.Stronger identity verification capabilities, including more mature liveness detection, human presence verification, synthetic content detection, and the ability to reconstruct identity decisions.Better audit evidence supporting identity decisions, retaining richer records of identity checks, reviewer actions, and decision rationale for regulatory reviews and investigations.This advertisement has not loaded yet.This advertisement has not loaded yet, but your article continues below.Together, these findings suggest that continuous exposure to AI-driven identity risks may be accelerating organizational maturity.“Financial organizations are not ahead because they face fewer AI-related identity threats. Quite the opposite: they encounter them more often. Their advantage is that constant pressure has forced them to develop better visibility, stronger identity controls, and more complete decision evidence. Financial Services is simply the first sector to adapt to an identity landscape where distinguishing between human and machine participation is becoming a daily challenge,” says Henry Patishman, Executive Vice President of Identity Verification Solutions at Regula.Read the full Financial Services AI Identity Readiness Scorecard on the Regula Blog.Regula is a global developer of identity verification (IDV) solutions and forensic devices, trusted by over 2,000 organizations across regulated industries worldwide. Regula IDV solutions deliver end-to-end document verification, biometric authentication, and identity lifecycle management. They enable organizations to prevent fraud by ensuring the integrity of every signal behind each decision. Built on 34 years of document forensics expertise, fully proprietary technology, and an in-house forensic laboratory, Regula maintains the world’s largest template library of 16,000+ ID templates from 254 countries and territories. The company’s technologies are deployed at 80+ border control authorities worldwide. Recognized in the 2025 Gartner® Magic Quadrant™ for Identity Verification.Contact: Kristina – ks@regula.usNotice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.