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World Launches New Tools to Help Banks Combat Deepfake Fraud

World, co-founded by OpenAI CEO Sam Altman, has launched new World ID tools designed to help banks verify real identities during calls. The initiative targets deepfake fraud and artificial intelligence impersonation. The updates feature a verification badge for Zoom users and a system enabling AI agents to act on behalf of verified individuals. Verification relies on security measures including iris scans and government document checks. World's native token, WLD, traded around $0.49, significantly below its all-time high of $11.74.

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