#1 out of 2
technology1d ago
The Race Is on to Keep AI Agents From Running Wild With Your Credit Cards
- The FIDO Alliance, Google, and Mastercard will form two working groups to set AI agent payment standards.
- The goal is cryptographic proof and privacy-preserving tools to confirm agent actions reflect user intent.
- AP2 and Verifiable Intent are open-source tools that support cryptographic verification of user authorization.
- Industry leaders say timelines must accelerate to keep pace with rapid agentic AI adoption.
- The groups will build practical examples and use cases to ensure real-world adoption at scale.
- The collaboration aims to prevent agent hijacking and improve accountability in AI transactions.
- The initiative underscores trust and safety as essential to broader AI-powered commerce.
- The effort includes open-source tools to jump-start standard development.
- Experts say rapid standards development is needed as agentic AI accelerates.
- The goal is to balance user privacy with verifiable authorization across platforms.
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