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 its 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? We offer features 1-3 and many great providers out there offer 4. Hit us up if you are interested in chatting. [A few of you spotted the European style comma's, there's always a hidden tell. Can you spot anything else?]
Solutions Architect | Mitigating Supply Chain & Third-Party Risk.
2dIt might have an accurate NYC tax rate, but it doesn't deal with decimals in American style. And apparently it sucks at maths.