SHIFT · GLOBAL
Six global banks establish fraud principles for agentic commerce
Bank of America, NatWest, and four other major banks published shared principles to address scams, fraud, and data privacy risks as AI agents begin conducting autonomous transactions. First industry-wide guardrail framework for agent-driven commerce.
WHY IT MATTERS
Sets baseline expectations for agent accountability before widespread deployment; banks that ignore risk early face regulatory backlash and customer loss as incidents mount.
Source: Finextra · 2026-09-22