banking fraud

Plano-Based Illuma Labs Raises $9M Series A to Fuel Voice Verification Solutions for Banking Fraud

Passive voice authentication "isn’t just for verifying customers," Illuma Founder and CEO Milind Borkar tells Dallas Innovates. Illuma's solutions address threats like fraud, voice cloning, and deep fakes, and he expects companies to use the tech "to combat the risk of help desk fraud that's exposed some major corporations to penetration of their IT systems."
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