Businesses around the world have seen a surge in fake expense receipts created using AI-powered image generators from OpenAI and Google, among others, according to the Financial Times.
The generative AI (genAI) tools make it possible to create extremely realistic fake receipts in just a few seconds without any specialized knowledge.
The financial management platform AppZen reported that around 14% of fake receipts in September 2025 were AI-generated, compared to none at all last year. Fintech company Ramp says its software detected more than $1 million dollars worth of fake invoices in just three months.
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