Tim Karpoff, the Global Head of Strategy at Citi, dives into a fast-paced discussion on the intersection of AI and banking innovation. He explores the vital role of startups partnering with traditional banks and challenges the common perceptions surrounding AI adoption in finance. The talk includes insights into Citi's revamped risk controls following recent banking crises and the delicate balancing act between cutting costs and driving revenue growth through AI. Karpoff's views illuminate the future regulatory landscape that will shape banking's technological evolution.