FinTech
AI messaging scam costs Italy’s top bank Intesa millions, sources say
Fraudsters using AI to impersonate senior executives stole €95 million ($108 million) from Fideuram, the private banking arm of Italy’s biggest lender Intesa Sanpaolo (ISP.MI), two sources familiar with the matter said on Friday. More than half the funds were later recovered, but some €36 million remains missing, the sources…
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Click here to read the full story: Reuters