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✉news TechnologyAI first seen 4 h ago, last 15 min ago, peak #19

Big banks warn AI agents could fuel rise in scams

Original: Big banks warn that AI agents could lead to uptick in scams

Major banks are warning that AI agents—automated software that can act on a person's behalf online—could open the door to a new wave of scams. As these tools gain the ability to browse, shop and transact autonomously, fraudsters could exploit them or impersonate trusted agents, making it harder for consumers and institutions to tell legitimate activity from fraud. The warning adds to growing concerns about how quickly agentic AI is being adopted without matching safeguards.

Why now: Concerns are mounting over how fast autonomous AI tools are being adopted without adequate fraud protections.

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