Visa is launching a Trusted Agent Protocol to protect merchants from fraudulent bots during transactions with AI agents. This protocol uses cryptographic signatures to verify trusted agents and secure transactions, allowing AI to make purchases on behalf of consumers. It aims to enhance confidence in the agentic commerce ecosystem.

The Bank for International Settlements and several central banks tested post-quantum cryptography to enhance payment system security against quantum computing threats. Their experiment successfully switched traditional digital signatures to post-quantum methods, highlighting the need for further testing due to performance differences.

On Black Friday, Visa reported blocking 280% more suspected fraudulent transactions in the UK compared to previous years. This reflects a stronger defense against fraud targeting shoppers during the holiday sales.

Self-Help Credit Union is suing Fiserv for allegedly misleading clients about its security measures, claiming it falsely represented the use of two-factor authentication. The lawsuit highlights a discrepancy between what Fiserv billed for and what it actually provided. This case adds to a series of legal challenges facing the payments processor.

Juspay is partnering with Visa to introduce Click to Pay in Brazil, aiming to reduce cart abandonment and enhance transaction security in e-commerce. The service allows customers to complete purchases with a single click, using tokenized credentials, thereby simplifying the checkout process. Advanced biometric authentication will also be incorporated for added security.

Revolut has launched a Pay by Bank option that allows consumers to make payments directly from their bank accounts, bypassing card networks. This method enhances security, reduces costs, and has gained popularity in the UK, with 14 million users monthly. The feature is initially available in several European countries, with plans to expand further.

Google has introduced the Agent Payments Protocol (AP2), an open protocol designed to facilitate secure agent-led payments across various platforms, addressing the unique challenges posed by AI agents in commerce. Developed in collaboration with over 60 organizations, AP2 establishes a payment-agnostic framework that enhances authorization, authenticity, and accountability for transactions initiated by AI agents, supporting diverse payment methods including cryptocurrencies. The protocol aims to create a unified and secure ecosystem for AI-driven commerce while inviting further collaboration from the industry.

Google has introduced the Agent Payments Protocol (AP2) to facilitate secure agent-led transactions in e-commerce, garnering support from over 60 organizations. AP2 uses cryptographically signed digital contracts called Mandates to ensure user authorization and accountability during transactions, addressing security concerns associated with AI agents handling payment details. The protocol supports various payment methods and is available for organizations to implement through Google's public GitHub repository.