Banks in 6 countries race to block AI fraud: FINMA mandates liveness checks
AryHHAry · x · 2026-11-05
A thread rounds up how banks and regulators in six countries are scrambling against AI-powered fraud and agents: Switzerland's FINMA mandated liveness checks against deepfakes from November 1; RBC in Canada blocked external AI agents; JPMorgan, Citi and Schwab followed in the US, while Wells Fargo says using AI agents is at customers' own risk; a French bank was fined €118 million. The ECB has set a deadline for defense plans.
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