Hong Kong banks pilot AI deepfake detection in regulatory sandbox
Hong Kong Monetary Authority (HKMA) · HK
Original notice title
Hong Kong banks test AI deepfake detection in HKMA sandbox
Summary
Hong Kong banks are testing AI-based deepfake detection technology in a regulatory sandbox operated by the Hong Kong Monetary Authority. The pilot evaluates how financial institutions can use artificial intelligence to identify and prevent deepfake fraud in customer interactions.
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"Hong Kong banks are reporting results from tests of AI-powered deepfake detection systems under the Hong Kong Monetary Authority's (HKMA) GenA.I. Sandbox" — This is a news article reporting on completed and ongoing testing by banks in an existing sandbox program, not a procurement, grant application, or funding opportunity that vendors can bid for.
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