Tag: Mastercard
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Santander Completes Agentic AI Payments Pilot with Visa
Santander and Visa completed the first controlled pilot of agentic commerce transactions in multiple Latin American markets.
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Mastercard & Google Launch Trust Layer for AI Commerce
Mastercard International Incorporated and Google LLC co-developed Verifiable Intent, an open technical standard leveraging cryptographic verification and digital credentials to authenticate AI agent-initiated commerce transactions across payment networks. The framework implements intent-based authorization protocols to validate merchant legitimacy and transaction authenticity in autonomous agent ecosystems. This collaborative initiative addresses security vulnerabilities inherent in agentic commerce…
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AI Agents Become Economic Actors
Mastercard and Santander completed Europe’s first live end-to-end AI-executed payment.
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Verifiable Intent: How UCP and Mastercard Build Trust in Agentic Commerce
Build trust in agentic commerce with Verifiable Intent! Learn how UCP & Mastercard are shaping secure, reliable AI agent transactions.
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Verifiable Intent: Securing Agentic Commerce with Cryptographic Proof
Secure verifiable intent agentic commerce using cryptographic proofs. Build trust & prevent fraud in AI-driven transactions.
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UCP and Verifiable Intent: Building Trust in Agentic Commerce
UCP Verifiable Intent builds trust in agentic commerce. Learn how to ensure secure & reliable AI agent interactions.
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Agentic Commerce Gains Steam in Europe
Santander and Mastercard completed Europe’s first live end-to-end AI-executed payment.
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Agentic Commerce Shifts to Open Standards
Following OpenAI’s deprecation of its proprietary in-chat commerce API in Q4 2024, Mastercard and Mirakl—a Paris-based marketplace platform valued at $1.2B—established the Open Commerce Standards Initiative to implement ISO 20022-compliant real-time payment settlement for AI agents across Shopify, WooCommerce, and custom e-commerce platforms. The initiative adopts W3C Verifiable Credentials and OAuth 2.0 standards to enable…
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Mastercard and Google Launch Agentic Commerce Standard
Mastercard International Incorporated and Google LLC jointly launched Verifiable Intent, an open technical standard enabling cryptographically verified autonomous AI agent transactions with merchant payment systems under ISO/IEC 27001 compliance frameworks. The standard defines interoperable authentication protocols across Mastercard’s payment network, merchant acquirer banks, and issuing financial institutions to secure agent-to-merchant interactions. This initiative establishes standardized…
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Mastercard Pilots AI Agentic Payments in Malaysia
Mastercard successfully executed its inaugural authenticated agentic payment transaction pilot in Malaysia in Q4 2024, partnering with CIMB Bank Berhad, Maybank (Malayan Banking Berhad), and RHB Bank under Bank Negara Malaysia (BNM) regulatory supervision. The pilot demonstrated autonomous AI agent capabilities for real-time payment authentication and cross-institutional interoperability across three of Southeast Asia’s largest financial…