Microsoft: Legacy banks face AI disruption

Microsoft and Chainalysis executives warn that legacy banking systems are nearing a breaking point due to the increasing scale and complexity of AI-driven transactions. As artificial intelligence agents begin managing financial operations, traditional infrastructure must be overhauled to prioritize machine identity and trust for auditing and control in regulated environments. The shift is moving from AI's capability to its trustworthiness, requiring firms to demonstrate how AI decisions are governed and policies are followed. Experts anticipate a future where traditional payment rails, private networks, and public blockchains coexist, interconnected by software, with a significant portion of commerce eventually settling on public infrastructure.