Research from American Banker finds that bankers are still extremely worried about fraud, but hope that raising budgets for artificial intelligence could help.

Universal Commerce Protocol is an open standard that establishes a common language for AI agents and systems to work together, and will allow consumers to purchase products from retailers directly through Google's AI Mode in the browser or the Gemini app.

Investors in alternative assets like private equity, private capital and venture capital often lock their money in for years, but Pluto's founders say its marketplace matches these wealthy investors who need cash with banks and investment firms willing to lend against those illiquid assets. 

As artificial intelligence is integrated into more and more core banking operations, bank boards of directors need to make sure business continuity plans account for the possibility of AI system failures.

Articles about the AI deployments of big banks and of scammers generated clicks from American Banker readers.

Stories about data breaches, fraud and one neobank were reader favorites this year.

CodeBoxx Academy is filling a void for banks and other companies that desperately need AI experts. Peret's time behind bars uniquely informed how he runs the school, he says. 

The card network and bank technology seller partnered to expand AI protocols, while British payment companies face tougher fee disclosures but looser rules for contactless transactions. That and more in the American Banker global payments and fintech roundup.

The Swedish financial institution has developed an open standard that allows merchants' products to be catalogued and discovered by AI agents. It was designed to complement Stripe and OpenAI's Agentic Commerce Protocol.

Once artificial intelligence has eliminated all the human-driven volatility from financial markets, will there even be a reason to trade anymore?

The payment fintech is marketing technology that lets merchants sell through AI agents; Google adds a credit card for India's national real-time payment rail. That and more in American Banker's global payments and fintech roundup.

The National Institute of Standards and Technology's preliminary draft helps banks integrate artificial intelligence into their existing security strategies.

New data shows a 21% jump in fraud attempts during Thanksgiving week, with automated bots and credential stuffing leading the charge.

As AI makes financial scams more and more convincing, banks would do customers a real service by allowing them to opt in to dual approval of transactions above certain dollar limits.

In a move some industry observers call "dangerous and irresponsible," the administration is taking down consumer protection guardrails that have been put up by states like California and Colorado.

As shoppers embrace new forms of AI, crypto and alternative financing, payment experts say financial institutions will need to reassess traditional payment products.

Know-your-customer rules are a longtime fixture of bank compliance regimes, but as autonomous AI "agents" increasingly access banking systems, new rules for verifying their status are desperately needed.

The bank has been on a multiyear journey to deploy artificial intelligence, starting with a massive data cleanup project, chief information officer Brian Schaeffer says.