Twenty-six companies joined the same coalition, including Visa and Mastercard, who spend the rest of the year shipping competing agent products against each other. There is no specification, no charter, and no product — at launch this alliance is a room, and the news is who agreed to sit in it.
We cover which layer it actually sits on, why sorting the membership reveals the strategy, and the fraud problem nobody has solved: 48% of banks allow AI transactions by default while 31% block them, with no shared vocabulary for what a legitimate agent looks like.
Read the full report: https://api.automate.it.com/feed/working-devs-hero/agentic-commerce/247f322d-9df0-4c49-b43a-190fdb069898