https://www.live-feeds.com/feed/big-banks-say-they-re-uneasy-about-people-shopping-via-ai-agentsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/big-banks-say-they-re-uneasy-about-people-shopping-via-ai-agentshttps://www.live-feeds.com/feed/big-banks-say-they-re-uneasy-about-people-shopping-via-ai-agents#u84503Sat, 26 Sep 2026 01:21:27 +0000Large financial institutions are expressing concern over the rise of AI shopping agents, citing increased risks of scams, fraud, and data privacy breaches. Banks warn that these automated agents could lead to a spike in shopping scams. In response to these vulnerabilities, six banks have partnered to establish development principles for agentic commerce to create necessary guardrails for the technology.Why it mattersAgentic commerce allows AI to make purchasing decisions and execute transactions on behalf of users. This shift removes the human from the final authorization step, creating new ve