Ant International collaborates with Visa and Mastercard to develop AI intelligent payment standards

Ant International has launched a collaboration with Visa and Mastercard to establish a KYA interoperability framework, which will develop universal standards for AI intelligent agent identity recognition, verification, and transaction monitoring. This will enable intelligent agents that complete verification in one network to be used across ecosystems. McKinsey predicts that by 2030, the global scale of consumer transactions involving AI intelligent agents will be $3 trillion to $5 trillion. (Source: CNBC)