HSBC and EPAA Launch AI Agentic Payments Working Group to Define Standards in Asia Pacific
HSBC and the Emerging Payments Association Asia (EPAA) have initiated an AI & Agentic Payments Working Group aimed at establishing standards for agentic commerce across the Asia Pacific region. This initiative seeks to unite banks, payment networks, fintech companies, and technology platforms to develop common standards and infrastructure for agent identity, authentication, and authorization. Additionally, the group will focus on creating trust and liability frameworks to define responsibilities for AI agents. The working group will also engage with regulators across the Association of Southeast Asian Nations (ASEAN) and the Asia Pacific Economic Cooperation (APEC) to ensure compliance and facilitate growth in the region. 
