Identity platform Trulioo has joined Google’s Agent Payments Protocol (AP2) initiative, which creates a common language for how artificial intelligence agents can initiate and complete transactions on behalf of users.
Trulioo will bring to the AP2 initiative its expertise in identity verification and trust infrastructure and will show how its Digital Agent Passport (DAP) can be used with AP2 to convey trust for agent-led transactions, the company said in a Thursday (Dec. 4) press release emailed to PYMNTS.
“By joining AP2, we’re helping define the identity backbone for autonomous payments, where verified agents transact transparently, responsibly and at machine speed,” Trulioo CEO Vicky Bindra said in the release. “This is the architecture, and the future, of trusted agentic commerce.”
The Digital Agent Passport, a tamper-proof credential showing who built the agent, who it represents and what permissions it has, is at the heart of the framework of Know Your Agent (KYA), a concept designed to verify identities of AI-driven software agents, PYMNTS reported in July.
The KYA concept was advanced in a white paper published by Trulioo and PayOS.
The passport framework includes five key checkpoints: provenance, user binding, permission scope, real-time behavior telemetry and continuous risk scoring.
Identity is the key to adoption of AI agents, Bindra told PYMNTS CEO Karen Webster in July.
“There’s still a lot of fear in how the system will operate and therefore some resistance to being proactive,” Bindra said. “But we think we’ll reach a tipping point in three or four months as networks become more certain about things like liability shifts. Issuers will be more definite, merchants will be more comfortable.”
Google introduced AP2 in September, saying the protocol was developed in tandem with payments and tech firms and is designed to “securely initiate and transact agent-led payments across platforms.”
PYMNTS reported at the time that for risk teams, AP2’s biggest contribution is accountability. Each mandate documents what the user allowed, what the merchant promised, and what the network processed. That evidence can cut down on false disputes and help issuers make better approve-or-decline decisions. Agentic commerce will still need strong identity checks, but mandates could reduce fraud without adding friction.
Source: https://www.pymnts.com/