Payment firms Visa, Mastercard and Ant International team up on AI agent trust framework

Ant International, Mastercard and Visa have launched an initiative to develop common standards to identify and verify artificial intelligence (AI) agents that can make purchases on behalf of users. The companies said on Sept 10 that they had begun collaborating on a Know-Your-Agent interoperability framework that would allow card networks, digital wallets, agent platforms and online marketplaces to recognise trusted AI agents across different payment ecosystems, while maintaining their own approval and risk-management processes.The framework builds on the companies’ existing protocols, including Visa’s Trusted Agent Protocol, Mastercard Verifiable Intent and Ant International’s Agentic Mobile Protocol. Do you think that AI in payment systems will be used for data harvesting ?