AI Payments
Latest news, explainers and analysis on AI Payments. Tracking 2 stories on Arth Vani.
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Latest on AI Payments
Low Trust in AI Payments: Only 23% US Consumers Trust GenAI with Transactions
New research by Visa reveals that a mere 23% of US consumers currently trust generative AI (GenAI) to handle their payment transactions. This finding highlights a significant trust gap for AI in financial services, despite its growing adoption across other aspects of the shopping journey.
Human Oversight Proposed for AI-Driven UPI Payments
The Indian Computer Emergency Response Team (CERT-In) has suggested mandatory human intervention for high-value payments made through AI agents. This comes as NPCI and fintech companies are developing systems that could allow AI to initiate UPI transactions, aiming to ensure security and accountability.
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