Pasabi News

Globally renowned safety providers from Trustpilot, Pasabi and major trust and safety operators have joined forces to roadmap the challenges presented by the adoption of AI tools by malicious actors. Industry experts gathered at the Marketplace Risk event to discuss the evolving challenge of recognising authentic content in a ChatGPT World, including how ChatGPT is now being used to aid fraudsters and why behavioural analytics combined with content analysis are the most powerful tools...

The Head of the Financial Conduct Authority has said that artificial intelligence could disrupt the financial services sector in “ways and at a scale not seen before”, warning that the regulator would be forced to take action against AI-based fraud. Nikhil Rathi, the Chief Executive of the Financial Conduct Authority (FCA), said that there are risks of 'cyber fraud, cyber-attacks, and identity fraud increasing in scale and sophistication and effectiveness' as artificial intelligence...

The UK economy could secure a £31 billion boost from the widespread adoption of generative AI, according to new research from KPMG. The UK’s struggling economy could benefit from a much-needed £31 billion boost from the widespread adoption of generative AI, says the report. Generative AI According to the ‘Big Four’ firm, generative AI is set to increase UK productivity by 1.2 percent, the equivalent of an extra output of £31 billion a year in the UK economy...