The payments industry’s embrace of agentic commerce took a step forward early Tuesday with an announcement from EMVCo that the standards body has developed a framework for “secure, interoperable, and scalable” agentic transactions using cards.

The framework is by no means a final set of rules, but is intended as “a foundation for further industry engagement and potential specification development,” says EMVCo, which is inviting feedback “from all interested stakeholders” by Sept. 30. The draft the group has developed is called “EMV Agentic Payments—Framework for Specifications.”


More

Tech Radar Pro: Know your agent: building the foundation of autonomous commerce

Artificial intelligence has officially entered its execution phase. After years of experimentation, businesses are rapidly deploying…

Read More →

PaymentsJournal: EMVCo Proposes Standards for Stronger Payment Authentication

EMVCo has released a draft framework that could pave the way for a universal standard…

Read More →

Biometric Update: Yubico hackathon to preview YubiKey 5.8 support for next-generation passkeys

Yubico will host a virtual developer hackathon for the FIDO Alliance developer community on August 5…

Read More →


Subscribe to the FIDO newsletter

Stay Connected, Stay Engaged

Receive the latest news, events, research and implementation guidance from the FIDO Alliance. Learn about digital identity and fast, phishing-resistant authentication with passkeys.