India, March 17 -- Payments infrastructure company Infibeam Avenues has signed a strategic Memorandum of Understanding (MoU) with the Indian Institute of Science (IISc), Bengaluru for development of advanced real-time deepfake detection systems.

In a statement, the company said that the MoU is aimed at research and development to enhance digital security for government entities, corporations, and organisations amid rising threat of AI-generated deception.

"This partnership is a crucial step toward enhancing cybersecurity and preventing the misuse of deepfake technology for fraudulent activities," said Vishal Mehta, chairman and managing director of Infibeam Avenues.

Under the MoU, Infibeam Avenues' AI unit Phronetic.AI and IISc will bu...