At Money20/20, Galileo’s CEO and founder Clay Wilkes and renowned AI author Pedro Domingos took the stage to discuss the real and near-term threats weaponized AI poses to our financial institutions.
The session titled, “Real Stories from the AI Arms Race in Cybersecurity and Fraud” revealed that the financial services industry takes on the highest cost from cyber-crime at an average of $18.3 million per company annually. And, they are at great risk being attacked by something smarter than the human mind – weaponized AI.
Watch the full Money20/20 session below. https://youtu.be/yC3Lhbv-nt4
3 Things Consumer-Focused Brands Must Do to Win with Embedded Finance
Discover essential strategies consumer-focused brands must implement to succeed with embedded finance solutions.
Why FIs Are Flocking to Composable Banking
To fend off digital challengers and remain competitive as banking goes digital, established financial institutions are looking to composable banking to transform their business.
3 Priorities for FIs as Banking Transforms in 2024
New research from Galileo and Datos Insights reveals how consumer banking behaviors are changing–and how financial institutions must transform to compete with digital challengers and remain relevant as the industry evolves.
Innovation Backed by Experience and Infrastructure
Galileo Brazil’s new head of business development Abdul Assal explains how banks can leverage innovation and experience to succeed in the fast-evolving Brazilian financial services market.
3 Ways Brazilian Banks Can Deliver Customer-Centric Banking in 2024
To maintain market share amid increased competition from fintechs, Brazilian banks must offer customers convenience and personalization–and they need the right tech to provide such experiences.