genai / news / / WIRED
The FIDO Alliance is working with Google and Mastercard to develop industry standards.
FIDO Alliance is launching two working groups to create standards for AI agent-initiated payments.
KEY POINTS
- Google's Agent Payments Protocol and Mastercard's Verifiable Intent will jumpstart these new security standards.
- The standards aim to provide cryptographic proof and selective disclosure for agent-initiated transactions.
- Urgency is increased as agentic AI adoption accelerates, compressing typical standards development timelines.
COMPANIES
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