Plaid CEO warns that the rise of AI could make this a “concerning year” for financial security

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Plaid co-founder and CEO Zach Perret warned that AI development could make this a “concerning year” for financial security in the financial industry, saying that AI agents attacking banks in groups are more concerning than AI fraud or deepfakes. Plaid is using AI to combat AI fraud, developing products based on its unique data network and working with other companies to improve fraud prevention tools.