Absa says customers who hand banking credentials to an AI agent may be held liable, as local banks keep outside agents out.
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The Reserve Bank wants every ATM unbranded and shared. Banks say they’re working with it but won’t discuss detail.
South Africans are increasingly being targeted by AI-generated fraudsters who sound just like bank employees.
Mastercard says trust, not cost, will decide who wins payments as stablecoins and AI agents advance.
New DHL research shows sub-Saharan Africa embracing AI shopping tools as local retailers eye global expansion.
Payments giant Visa has detailed how AI agents, richer tokens and blockchain settlement will reshape commerce.
South Africans have already gone digital at the till. Visa is betting their employers are next.
Visa is readying South African banks for AI shopping agents, and its OpenAI deal adds further momentum.
Visa is enrolling local banks for autonomous AI payments, but most consumers still don’t trust AI agents with their money.
Identity, credit scoring and liability all assume a human customer – an assumption agentic AI is breaking.