Visa, Mastercard and Ant back Know-Your-Agent framework for AI payments
Payment firms including Visa, Mastercard and Ant are working on a "Know Your Agent" framework to govern purchases made autonomously by AI agents. The effort aims to address unresolved risks around handing account access to software that can transact on a user's behalf. Automated AI-driven shopping is expected to become widespread, prompting a need for identity and liability rules for agents.