Atis Shala

AI agent chargebacks are card disputes raised against purchases an autonomous AI agent placed on a consumer’s behalf. Merchants absorb the loss in almost every configuration live today, and four mechanisms stack to produce that outcome. The merchant stays the merchant of record. OpenAI’s Delegated Payment Spec states that OpenAI is not the merchant of […]...

An AI agent in AML is a software component that executes multi-step investigative work rather than only surfacing information, and that distinction is what triggers governance obligations. The highest-value deployments today sit in high-volume, well-defined work: sanctions and politically exposed person screening, first-line alert triage, adverse media review, evidence gathering and suspicious act...

AI software can now use digital money to pay for web searches or computer data in under a second without needing a human to type in a credit card or set up an account. Traditional credit card companies charge around 30 cents per purchase, which is too expensive when a bot only wants to buy […]...

A programmable wallet is a wallet whose spending rules are enforced in code at the signing layer, not by the software asking for the money. The agent cannot talk its way past a limit it does not control. The core controls are per-transaction caps, rolling session and period caps, counterparty allowlists, contract and function scoping, […]...