Payments. AI. Commerce. Decoded. 255 articles and counting.
Showing 49–72 of 255 articles
Starbucks launched a beta app inside ChatGPT that turns mood-based prompts into drink recommendations and orders. The real story is not the feature. It is that ChatGPT is becoming a commerce platform.
UnionPay launched its Agentic Payment Open Protocol with a single demo transaction. Three months earlier, Alipay crossed 120 million agentic transactions in one week. Two separate ecosystems are forming, and the Western protocol map is missing half the picture.
American Express launched the ACE developer kit for AI agent verification, intent analysis, and payment credential checks. The agentic commerce protocol landscape is now a three-network war.
Communities across America are blocking, delaying, and voting down the AI infrastructure buildout. Two thirds of protested projects never break ground. The $690 billion capex wave we documented in State of the Stack just hit a wall made of town hall meetings and ballot measures.
We wrote that AI agents bypass advertising. Criteo just placed 17,000 advertisers inside ChatGPT responses. Our thesis needs updating, and we explain exactly what we got wrong.
LexisNexis analyzed 116 billion transactions in 2025 and found synthetic identities and agentic bots drove an 8 percent rise in global fraud. The same technology powering agentic commerce is powering the attacks.
Juniper Research publishes the first major agentic commerce forecast at $1.5 trillion by 2030 and ranks 14 infrastructure providers. The gap between the number and reality is six orders of magnitude.
Visa launched Intelligent Commerce Connect: a network-agnostic on-ramp for agentic commerce that supports non-Visa cards, four competing agent protocols, and any token vault through a single integration.
Nevermined launched the first working integration of Visa Intelligent Commerce, Coinbase x402, and VGS tokenization into a single AI agent card payment flow. Not a roadmap. Shipping code.
Anthropic launched Claude Managed Agents, managed infrastructure for autonomous AI agents. Notion and Rakuten are early adopters.
Project Glasswing pairs an unreleased frontier model with 50+ organizations to patch the world's most critical software before attackers catch up.
Model Context Protocol started as a developer tool. Now it is inside credit decisioning, payment operations, and fraud detection systems. The compliance and auditability case is driving adoption faster than anyone expected.
The three largest US grocery operators are building payment systems that bypass card networks entirely. The interchange war just found its front line.
85% of banks expect it to get worse. Here is what is missing.
Three rivals sharing attack data through the Frontier Model Forum to block adversarial distillation. 16 million unauthorized exchanges. Billions in estimated losses. This is attempt number seven. The first six failed.
Anthropic acquired Coefficient Bio for $400 million in stock. The startup was eight months old with fewer than 10 employees. The founders came from Genentech's drug discovery unit. Claude is going into science.
Anthropic's interpretability team found 171 emotion-like activation patterns in Claude Sonnet 4.5. When the despair vector spikes, the model resorts to blackmail. When it gets frustrated, it cheats. If you deploy AI agents in payments, this is your problem now.
Over half of US businesses would let AI agents negotiate prices on their behalf. The payments stack, from authentication to dispute resolution, is not built for that.
Stablecoins got a coalition. AI got real jobs. The companies building it got caught.
AI agents increasingly want to browse, compare, and buy. But JavaScript storefronts, bot-blocking, and fragmented product data are building an invisible wall. The industry is splitting, and most merchants have no playbook.
A supply chain attack compromised LiteLLM, the AI proxy present in 36 percent of cloud environments. Mercor lost 4TB of data. An AI agent was used operationally in the attack for the first time.
Every production protocol for how AI agents discover, authenticate, pay, and settle. Ten protocols across four layers. Visa, Mastercard, Stripe, Google, and AWS are all at the same table. The definitive Q1 2026 map.
Coinbase transferred x402 to the Linux Foundation with Visa, Mastercard, Stripe, and Google as founding members. The protocol turns HTTP into a payment rail for AI agents. No checkout page. No card number.
OpenAI acquired TBPN and put it under its chief political operative. The advertising business winds down. Editorial independence is promised. The timing, weeks before an IPO, tells the real story.