“What banks should prepare for? Near term: keep investing in detection of automated attacks, compromised access, social engineering and anomalous transaction behavior. Those pressures are already here. In parallel, start assembling the context needed for authorized participation as it becomes more common: agent identity, delegated authority, consent, access scope and the interface through which access…
Tag: agentic ai
When AI Agents Act for Customers, Banks Must Rethink Trust
“The emerging ecosystem will not be controlled by a single participant. AI agents, payment networks, banks, merchants, wallets, and technology platforms will each control different parts of the transaction. A trusted system depends on those participants being able to exchange the information necessary to manage risk while preserving room for competition and differentiation.” Read more…
Introducing dots, always-on agents built to handle everything. (OpenAI)
“Dots are frontier intelligence that have your back. Powered by GPT‑6 Astra, they have their own cloud computer, learn from feedback over time, and can work towards your goals 24/7. Through our ecosystem of plugins, they can readily connect to over 4,000 apps, giving them the tools to help wherever you need them.” Watch Video…
Mastercard and Backbase Launch Agentic Banking Solutions for 120+ Global Banks
“The collaboration integrates several of Mastercard’s specialized service pillars directly into the Backbase AI-native Banking Operating System. This integration is designed to help financial institutions move beyond basic digital interfaces toward more connected, intelligent banking experiences. The partnership focuses on four key Mastercard capabilities: Dynamic Yield for personalizing digital banking journeys; Test & Learn for analyzing the commercial impact…
Everyone is talking about AI ‘escaping’, but cyber experts say the real threat is far more serious
“‘The models are so advanced today that if we talk about another six months or another year, it will be almost inconceivable,’ he said. Traditional cybersecurity is built around responding to vulnerabilities as they emerge: researchers identify a weakness, analyze it and develop defenses. AI development is moving much faster. ‘It is advancing so quickly…