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Ant International announced on Thursday that it is cooperating with Visa and Mastercard to establish common standards around the “Know Your Agent” framework. The collaboration will focus on artificial intelligence proxy authentication and behavioral monitoring, and promote mutual recognition among different payment systems. This cooperation spans different payment systems such as bank card networks and e-wallets. While promoting the establishment of common standards, all parties maintain each network's own verification and decision-making processes.
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Ant International announced on Thursday that it is cooperating with Visa and Mastercard to establish common standards around the “Know Your Agent” framework. The collaboration will focus on artificial intelligence proxy authentication and behavioral monitoring, and promote mutual recognition among different payment systems. This cooperation spans different payment systems such as bank card networks and e-wallets. While promoting the establishment of common standards, all parties maintain each network's own verification and decision-making processes.
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