World, the iris-scanning identity project co-founded by OpenAI CEO Sam Altman, announced new World ID tools enabling banks and financial firms to verify that a real person is on the other end of a call. The solution targets deepfake fraud and covers AI agents acting on behalf of verified users. The company cited the 2024 Arup case, where an employee transferred $25.6 million after joining a video call where every other participant was a deepfake. Worldcoin’s native token WLD was trading around $0.49, down more than 11% in seven days and nearly 96% from its all-time high of $11.74.
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