Fraud made easy with Image Generation

Image Generation just made expense fraud or insurance fraud dead simple, and every company is at risk.

This receipt? Generated in 15 seconds with ChatGPT. It has:

• Accurate NYC tax rate (8.875%)

• Real restaurant and menu data

• Authentic-looking receipt format

• Embedded EXIF data showing it was "taken" on-location

Many classic fraud detection tools are fooled by these images.

Now imagine doing this for damaged goods, cars, or even your house. Without physical artefacts, it becomes almost impossible to validate an “original”

Expect forward-thinking companies to pivot to native photo capture and advanced liveness checks within their apps, which can:

1. Verify and obtain true device location eg from GPS, IP and triangulate

2. Identify true location behind a proxy or VPN and establish it's the same as where the user is supposed to be

3. Corroborate it with other data points like altitude, air pressure, and see if they match

4. Borrow liveness checks as done in documentary KYC to perceive depth, shadows, etc

Is your insurance or expense management system ready for this reality?

Author

AiUTOMATING PEOPLE, ABN ASIA was founded by people with deep roots in academia, with work experience in the US, Holland, Hungary, Japan, South Korea, Singapore, and Vietnam. ABN Asia is where academia and technology meet opportunity. With our cutting-edge solutions and competent software development services, we're helping businesses level up and take on the global scene. Our commitment: Faster. Better. More reliable. In most cases: Cheaper as well.

Feel free to reach out to us whenever you require IT services, digital consulting, off-the-shelf software solutions, or if you'd like to send us requests for proposals (RFPs). You can contact us at [email protected]. We're ready to assist you with all your technology needs.

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