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flag PAO Bank and OneConnect join Hong Kong’s AI sandbox to test a 99% accurate deepfake-fighting anti-fraud system.

flag PAO Bank Limited and OneConnect Financial Technology have joined the Hong Kong Monetary Authority’s second GenA.I. flag Sandbox cohort to test an AI-powered anti-fraud platform targeting deepfake scams. flag Using real-time facial recognition, the system verifies user selfies and detects synthetic or forged images. flag Backed by Ping An Group’s vast data and AI capabilities, the platform achieved a 99% success rate in identifying deepfake threats and supports Hong Kong’s e-banking security framework. flag The project aims to strengthen fraud detection and customer protection within a regulated environment.

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