FIS has launched a new offering aimed at enabling banks to engage in agentic commerce, a form of AI-mediated transactions. This service is the first of its kind and comes after FIS's acquisition of its Total Issuing Solutions portfolio. By partnering with Mastercard and Visa, FIS aims to help banks securely facilitate transactions initiated by AI agents. The focus is on fraud protection and allowing banks to remain relevant as AI-driven commerce grows. The offering is designed to be available by the end of Q1 2026 for all FIS issuing bank clients. It allows banks to utilize “know your agent” (KYA) data to enhance transaction security. The benefits include fewer chargebacks for issuers, higher approval rates for merchants, and better fraud protection for consumers. Initial use cases will cover transaction authorization, fraud prevention, and customer service, with plans for further data-driven applications as the technology evolves. FIS's CEO, Stephanie Ferris, emphasized the company’s long history of guiding financial institutions through technological changes. This latest move positions banks at the forefront of agentic commerce, leveraging FIS's global payment capabilities and partnerships with industry giants. The collaboration with Visa and Mastercard is crucial, as it enables these AI agents to safely navigate transaction networks, ensuring a seamless experience for consumers.