The "know your agent" framework will establish identity verification for autonomous software performing financial tasks. Ant International, Visa, and Mastercard agreed to develop the shared standard to secure AI-driven payments across global networks. Jiang-Ming Yang, chief innovation officer of Ant International, described trust as the foundation of the AI transformation during an interview with CNBC.

McKinsey projections estimate that autonomous agents will handle $3 trillion to $5 trillion in global consumer commerce by 2030. The collaborative effort focuses on the technical infrastructure required to validate the identity of these agents as autonomous commerce scales to ensure secure transactions without direct human intervention.