Story perspectives

FIDO, Google, Mastercard Form Groups to Standardize AI Payments

4/28/2026

Summary

Story summary

On April 28 2026 the FIDO Alliance, Google and Mastercard announced two working groups to set standards for AI-agent-initiated payments.
The initiative aims to stop rogue AI agents and give users ways to dispute unauthorized transactions.
Andrew Shikiar warned that password-based security models are inadequate for agentic commerce.
Google’s open-source Agent Payments Protocol and Mastercard’s Verifiable Intent framework for AP2 will verify user intent and let users securely authorize AI-agent actions.

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Story summary

On April 28 2026 the FIDO Alliance, Google and Mastercard announced two working groups to set standards for AI-agent-initiated payments.
The initiative aims to stop rogue AI agents and give users ways to dispute unauthorized transactions.
Andrew Shikiar warned that password-based security models are inadequate for agentic commerce.
Google’s open-source Agent Payments Protocol and Mastercard’s Verifiable Intent framework for AP2 will verify user intent and let users securely authorize AI-agent actions.