News and journalism
OpenAI's Sam Altman warns of AI voice fraud crisis in banking
Associated Press, WSLS (Associated Press story), 2025
Read the originalRead on October 17, 2026
- What it is
- An Associated Press report of OpenAI chief executive Sam Altman's remarks at a Federal Reserve conference in July 2025, in which he said some financial institutions still accept a voiceprint as authentication.
- How much weight it carries
- Wire-service reporting that quotes the speaker directly. It records one speech, not a survey of banks, so it shows what the speaker said rather than how common voice authentication is.
Facts taken from this source
- In July 2025, OpenAI's chief executive Sam Altman told a Federal Reserve conference that some financial institutions still accept a voiceprint as authentication, and that this terrifies him.
“A thing that terrifies me is apparently there are still some financial institutions that will accept the voiceprint as authentication” (Paragraph reporting Altman's remarks at the Federal Reserve conference)