Reported 2 days ago
PayPal, Google, and Mastercard are accelerating the development of agentic AI to enhance payment processes, forcing banks to adapt to this emerging trend. The collaboration between PayPal and Google aims to integrate AI-driven shopping experiences and payment protocols, while Mastercard rolls out its agentic commerce initiatives, opening new payment avenues. Despite the current lack of consumer demand, it is projected that agentic commerce could significantly impact the financial industry by 2030, prompting banks to strategize their approaches to remain competitive.
Source: YAHOO