Lead Bank is a Kansas City-based state-chartered bank that operates primarily as a Banking-as-a-Service (BaaS) infrastructure provider, offering modular, API-driven products—including lending, money movement, card issuing, accounts, and crypto on/off-ramps—to fintechs, embedded finance companies, and digital asset firms. It also operates a traditional full-service business and personal banking division, and counts notable partners such as Stripe, Visa, and Branch among its clients.
“Lead Bank's Reses has a '30-page proposal for how the financial system should treat AI agents' and asked: 'If a model hallucinates, whose responsibility is that?'”
“Erica Khalili co-authored a 30-page proposal for how agents should be treated in the financial system, covering identity, liability and recourse.”
Source→“'Are any of you letting agents unfettered into your bank accounts today? I suspect most of you aren't.'”
AI-extracted from podcast / newsletter / paper summaries. May contain errors.