Kastle proposes an AI agent model for banks
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AI-assisted source synthesis · not an independent investigation.
On October 12, 2026, PYMNTS reported that Rishi Choudhary, co-founder and chief executive officer of Kastle, proposed that banks may be able to deploy artificial intelligence agents (AI agents) on top of their existing infrastructure without first replacing their traditional core systems. Under this model, banks can gradually hand work over to digital employees. Choudhary’s view focuses on whether banks need AI employees more urgently than they need to upgrade their core systems, emphasizing advancing AI applications through overlay deployment rather than making core-system replacement a prerequisite. The report currently discloses Kastle’s perspective on the path for deploying AI agents in banks, but does not mention specific customers, implementation timelines, or deployment scale.
AI-written from reports · updated 7 days ago
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- PYMNTSKastle: Do banks need AI employees more than a core system upgrade?
Kastle co-founder and CEO Rishi Choudhary believes banks do not need to replace their legacy core first; they can deploy AI agents on top of their existing infrastructure and gradually hand work over to digital employees.
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