Six banks partner to develop principles for future development of agentic commerce (BAC:NYSE)

Six banks partner to develop principles for future development of agentic commerce (BAC:NYSE)

The banks are NatWest Group (NWG) (RBSPF), ASB Bank, Bank of America (BAC), Capital One (COF), Commonwealth Bank of Australia (CBAUF) (CMWAY), and ING Group (ING) (INGVF).

Big Banks Say They’re Uneasy About People Shopping via AI Agents

In a paper published Tuesday, six major global banks, including Bank of America and Capital One, warned that agentic shopping has “risks spanning transparency, safety, privacy & data, choice, and interoperability” that increase “as greater autonomy is given to AI agents.” AI developers, as well as…

NatWest & banks set out AI agent payment principles

Banks want to prevent AI-driven shopping from eroding customer control, privacy and security as agentic commerce moves closer to everyday payments.

Agentic Commerce Fraud: Banks Address Concerns

Agentic Commerce Fraud is a pressing issue in today’s financial landscape. Global banks have united to tackle scams and fraud through new guiding principles. Table of Contents Introduction Key Facts About Agentic Commerce Fraud What Agentic Commerce Fraud Means Why Agentic Commerce Fraud Matters What Happens Next Key Facts About Agentic Commerce Fraud Agentic Commerce […]

Banks Call for Audit Trail From AI Shopping Instructions to Payment Outcome

A group of six banks is calling for AI shopping transactions to carry an auditable record of what a customer asked an agent to do and more.