Six major banks, including BofA and Capital One, warn that increased autonomy for agentic commerce chatbots could lead to more scams, fraud, and disputes (Ece Yildirim/Gizmodo)

Six major banks, including BofA and Capital One, have issued a warning regarding the increasing autonomy of agentic commerce chatbots. They caution that this development could lead to a rise in scams, fraud, and disputes. The banks highlight that such advanced chatbots, while potentially offering convenience, also present new avenues for malicious activities, necessitating careful consideration and robust security measures to protect consumers and maintain trust in digital transactions.