
← On The Call3 sep · 22 min
Autonomous agents, real money: The risks of AI in banking and finance
<p>Agentic AI in banking has moved from drafting documents to moving money — and there’s an unanswered question on who's liable when bots are actioning transactions. Recorded live at Fintech Australia's Intersekt conference, the Capital Brief newsroom digs into the RBA's fintech regulation review, and where the big banks and the startup ecosystem sit not he agentic AI opportunity.</p><p><br></p><p><strong>We discuss:</strong></p><ul><li>The disintermediation threat: what happens to the big banks when your money moves itself to the best provider</li><li>The RBA submissions divide — CBA, ANZ and Westpac urge for fast regulation, while NAB, Fintech Australia and the Tech Council say it's too early</li><li>Who's liable when a bot makes a decision its human owner never authorised?</li><li>Payment authority vs payment execution, and why that distinction is essential to answer the liability question.</li><li>Why scam education built around human manipulation doesn't translate to agents</li><li>Whether public discomfort with handing over financial agency reduces over time.</li></ul><p><br></p><p>On The Call is a weekly live conversation with the Capital Brief newsroom on the stories driving the agenda in Australia's centres of power.</p><p><br></p><p>Host Harshdeep Kaur sits down with Capital Brief's best journalists to dissect what we're watching and why it matters, and answer questions from our subscribers live.</p><p><br></p><p>Subscribe to join our weekly live discussion on Thursdays at 12pm AEST: <a href="https://www.capitalbrief.com/on-the-call/">https://www.capitalbrief.com/on-the-call/</a></p><p><br></p><p>Sign up to our free weekly newsletter, The Edition: <a href="https://www.capitalbrief.com/newsletters/the-edition/">https://www.capitalbrief.com/newsletters/the-edition/</a></p>