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In a speech of 29 September 2025, Christopher J. Waller, Governor of the Federal Reserve Board, said that AI can further improve the efficiency of payments, including through agentic AI executing tasks on behalf of a person or company quickly and cheaply through AI agents. Copy claim link
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Supporting evidence: primary · 1 source; Context: primary · 1 source
Date 2025-09-29 · event Records dated 2025 → Role Context Register (kind of text) Nonfiction Missing element The passage names agentic AI “executing tasks on behalf of a person or company” as one way AI can improve the efficiency of payments; it does not state that AI agents initiate, negotiate or execute payments or transactions, and the next sentence concerns compliance. Scope and limits A brief statement within a speech mainly on distributed ledgers and stablecoins; it does not describe how payment systems would change. The speaker’s view with disclaimer. His speech of 20 August 2025 called agentic AI ‘the next wave’ for payments innovators without stating that agents make payments (see searchLog).
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The Next Frontier of Payments Innovation ↗ Board of Governors of the Federal Reserve System · 2025-09-29
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Source excerpt “AI can further improve the efficiency of payments in a number of ways, including through automating manual tasks, detecting fraud or compliance risks, and now with agentic AI, executing tasks on behalf of a person or company quickly and cheaply through the use of AI agents.” Location in source Section ‘Assessing benefits of the next frontier of innovations’, paragraph beginning ‘Let’s turn from DLT to AI’
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Machine-checked · 2026-11-06
Source details and check notes Authors Christopher J. Waller Version Retrieved for the candidate pack on 2026-11-02 (SHA-256 08ca73352282953331d86b46e49d1ca11646752cfca31b7ad2a8f6ed054ffe48). Retrieved again at admission on 2026-11-06 (SHA-256 e19f38c3468363ad91f5a636c512a713335cd882866a0e6d15c0482667eb4fa2; web pages are served with new markup on each request). HTML speech page as served on 2026-11-02 Canonical address Open the canonical source ↗ Accessed 2026-11-06 Language English (en) Attribution Christopher J. Waller, “The Next Frontier of Payments Innovation”, 2025-09-29. Reuse No open redistribution licence asserted. Bibliographic metadata, editorial paraphrases and short attributed quotations (at most 50 words each). Recheck terms before wider redistribution. Check notes Candidate pack passage, AI and money (research/ai-money). The quotation (46 words) matched a fresh retrieval of 2026-11-06. Matching ignored differences of whitespace, case, quotation marks, dashes, line-break hyphens and Unicode compatibility forms. No human editorial review. primary source Context only
The Next Frontier of Payments Innovation ↗ Board of Governors of the Federal Reserve System · 2025-09-29
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Source excerpt “The views expressed here are my own and not necessarily those of my colleagues on the Federal Reserve Board or the Federal Open Market Committee.” Location in source Footnote 1
How it was read Retrieved directly from the publisher
Machine-checked · 2026-11-06
Source details and check notes Authors Christopher J. Waller Version Retrieved for the candidate pack on 2026-11-02 (SHA-256 08ca73352282953331d86b46e49d1ca11646752cfca31b7ad2a8f6ed054ffe48). Retrieved again at admission on 2026-11-06 (SHA-256 e19f38c3468363ad91f5a636c512a713335cd882866a0e6d15c0482667eb4fa2; web pages are served with new markup on each request). HTML speech page as served on 2026-11-02 Canonical address Open the canonical source ↗ Accessed 2026-11-06 Language English (en) Attribution Christopher J. Waller, “The Next Frontier of Payments Innovation”, 2025-09-29. Reuse No open redistribution licence asserted. Bibliographic metadata, editorial paraphrases and short attributed quotations (at most 50 words each). Recheck terms before wider redistribution. Check notes Candidate pack passage, AI and money (research/ai-money). The text’s own statement of whose views it gives, shown beside the record; it is context, not support. The quotation matched a fresh retrieval of 2026-11-06. No human editorial review. Status and meaning Editorial status. Machine-checked . Machines found this record and checked it against its sources; no person accepted it individually. Each evidence record above shows how it was checked.
Relation. A passage of the document bears on the proposition without meeting its criterion; the record names the missing element. It is not an articulation and implies no influence.
Date. Date the speech or remarks were delivered, as the text gives it.
Record ID am-u07-frb-2025-waller-sibos-context