EPAA Launches AI Agent Payment Working Group in Asia Pacific, HSBC Joins as Founding Member
The Emerging Payments Association Asia (EPAA) has established an AI and Agent Payment Working Group, with HSBC as a founding member, to tackle standards for agent identity, authentication, fraud prevention, dispute resolution, and liability.
The Emerging Payments Association Asia (EPAA) has launched an AI and Agent Payment Working Group, with HSBC as a founding member. The group will bring together banks, payment networks, fintech companies, and technology platforms to develop industry standards covering agent identity, authentication and authorization, fraud prevention, dispute handling, and liability allocation.
The working group will also engage in an 18-month policy dialogue with relevant regulators from ASEAN and APEC, with plans to submit formal policy recommendations by November 2027.
This collaboration signals that agent payments are moving from transactional pilots into a rule-setting phase. Industry focus is shifting from “Can AI make payments?” to fundamental questions that determine scalable adoption: Who authorizes? How is verification done? And who is liable when boundaries are overstepped?
Provenance & status
- Byline
- OceanAlt Editorial
- First published
- 2026-07-21
- Last updated
- 2026-08-14
- Source material
- Source not labeled
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Paste a payee address before you pay and see whether it's on a sanctions list, through a mixer, or tagged for fraud.
This judgement can sit inside your own product
One line of code; it touches neither your CSS nor your JS. The same pre-settlement judgement can appear in your articles, on your wallet's confirmation screen, or as an endpoint your agent calls before it pays.