In an era where artificial intelligence (AI) plays a pivotal role in both creating and combating financial fraud, understanding the dynamics of this landscape is crucial. Fraudsters are increasingly using AI to advance their schemes, with projections indicating AI-powered fraud could reach $10.5 trillion by 2025. Our on-demand webinar, featuring Galileo's Senior Director of Global Payments Risk Management, Max Spivakovsky, offers an insightful look into how AI technologies equip banks and fintechs with the means to counter these threats effectively. This session provides a comprehensive overview of the current challenges and the innovative strategies being deployed to mitigate risks, minimize losses, and maintain customer-centric services.
The discussion led by Spivakovsky is framed as a "digital arms race," highlighting the ongoing struggle between cybercriminals and financial security professionals. By tuning into this webinar, you'll gain direct access to expert analysis and practical advice on leveraging AI for fraud prevention. This is an opportunity to deepen your understanding of the mechanisms at play in financial fraud and the cutting-edge tools available to protect your business and customers. It's a straightforward look at the realities of financial security in the digital age, aimed at those who seek to enhance their defensive strategies against an ever-evolving threat landscape.