iProov Launches Verified Meetings to Address Deepfake Risks in Video Calls - Fintech Singapore

iProov has launched Verified Meetings to help organizations verify the identity of video call participants, addressing the growing threat of deepfake fraud and social engineering. The tool verifies participants using a physical camera to ensure they are real, not AI-generated or using virtual camera setups.

What happened

iProov cited a US$25 million deepfake video call fraud incident involving engineering firm Arup as a prime example of the risks. The incident, along with reports of North Korea-linked operatives using synthetic media in remote job interviews, highlights the increasing vulnerability of video calls in high-risk workflows such as customer onboarding, remote hiring, account recovery, and financial approvals. Verified Meetings, delivered as a native plugin for video conferencing platforms, analyzes live video streams in real-time to detect deepfakes and presentation attacks, checking that the feed comes from a physical camera. The host receives a red, amber, or green status indicator without alerting the participant, helping reduce risks before critical decisions are made.