Mastercard Google and OpenAI Join FIDO to Set Standards for AI Agent Payments.
FIDO Alliance Launches New Working Group to Standardize Secure AI Agent Transactions The FIDO Alliance , the industry body renowned for championing the Passkeys standard, has officially announced the formation of a new working group dedicated to establishing safety and identity standards for AI Agentic transactions . As autonomous AI agents begin to handle complex decision-making and financial tasks, this initiative aims to ensure that both users and service providers can interact with these agents with confidence and security. The Two-Pillar Approach The working group is divided into two specialized tracks, bringing together tech giants and financial leaders: Agent Identity & Authentication: Comprising representatives from Google, OpenAI, Amazon, and Okta , this group focuses on verifying the legitimacy of AI agents. To fast-track this standard, Google has contributed its Agent Payments Protocol (AP2) a protocol designed to allow AI agents to act on behalf of users secure...