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US firms must move ‘deliberately’ with AI payments development, Waller says

By Neil Roland ( September 29, 2026, 20:59 GMT | Insight) -- The US finance industry must move carefully with developing artificial intelligence in payments due to an “asymmetry” in threat actors’ potential exploitation of vulnerabilities and the cybersecurity defense area, US Federal Reserve Governor Christopher Waller said. He said in the payments world, “a successful cyberattack against a highly interconnected payment infrastructure could significantly disrupt international commerce.” But, he added, “AI isn't just an offensive tool,” and “cyber professionals are optimistic about the use of AI for cyber-threat detection.”The US finance industry must move carefully with developing artificial intelligence in payments due to an “asymmetry” in threat actors’ potential exploitation of vulnerabilities and the cybersecurity defense area, US Federal Reserve Governor Christopher Waller said....

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