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Financial services (7)

Without trust, clicks leak away

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Visa, Mastercard and Ant set a shared ID framework for agents

Under the Know Your Agent framework, an AI agent registered with one payment network will not have to start over with the others.

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Coinbase x402: AI agents made 14 million payments in 30 days

Nearly all of them were in USDC. By late August the protocol had passed 205 million agent transactions and $53 million in volume.

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Revolut builds a research unit around its own model, PRAGMA

Revolut announced Revolut Research on August 25. PRAGMA improved fraud recall by 64.7% over its own specialist models.

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Citi, HSBC, Barclays adopt Ant's AI model for FX forecasts

Falcon TST 2.0 forecasts cash flow and FX exposure in cross-border payments. Ant claims over 90% accuracy.

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Finance AI makers Moss and Rillet both become unicorns

Berlin-based Moss raised €30 million for finance agents, and Rillet, which builds an AI-native ERP, closed a $100 million round.

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Visa, Mastercard join 26-member alliance on agent payments

Rain's alliance, launched on August 18, will set shared standards for how an agent proves who it acts for and how much it may spend.

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Visa to buy behavioral biometrics firm BioCatch for $2.4 billion

As AI-powered scams and account takeovers rise, Visa is paying cash for the Tel Aviv company that reads user behavior, from typing rhythm to screen swipes.

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