Rain Launches Agentic Payments Alliance With Visa and Mastercard
Rain announced in a press release the launch of the Agentic Payments Alliance, a coalition of more than 25 organizations focused on commerce handled by AI agents. Founding members include Visa, Mastercard, Fiserv, Circle, Solana, and Remitly.
The alliance will work on shared research and frameworks, testing standards for agent identity and authorization, and regulatory questions tied to agentic commerce. It will be run collectively by its founding members rather than by one company.
Rain said the group follows work on its Agent Control Layer and Scoped Cards, which give AI agents payment credentials with defined limits. Founding members will also receive early access to Rain's Agentic Startup Program, whose first cohort of five startups will present at a demo day for alliance members.
We hope you enjoyed this article
Consider subscribing to one of our newsletters like Finance AI Weekly, AI Policy Brief or Daily AI Brief.
Also, consider following us on social media:
More from Finance
Oct 8 Alkami and Bank Director Schedule Bank AI Governance Webinar Oct 8 LoanCare launches IllumineX for mortgage servicing Oct 8 Sure and Groma Launch AI Renters Insurance Compliance System Oct 8 Versapay Adds AI Across Invoice to Cash Platform Oct 8 Balyasny Deploys Gemini for Financial ResearchMore from Regulation
Oct 8 AHRQ Opens $7.95 Million Healthcare AI Prize Competition Oct 8 Maria Cantwell proposes federal safety framework for frontier AI Oct 7 McDonald's Sued Over AI Pricing Tool for Franchisees Oct 7 Former Anthropic Researcher Jacob Coxon Discusses AI Risks With Jon Stewart Oct 7 Former AI Workers Warn New York City Council About Safety RisksFinance AI Weekly
Weekly newsletter about AI in finance. Covers AI-driven trading, fintech innovations, and data analytics transforming markets
Whitepaper
Tensordyne Napier: What If One Rack Could Do the Work of Nine?
Tensordyne
This Tensordyne whitepaper presents Napier, an inference-focused AI processor and rack-scale system based on the company’s TDN Math logarithmic number system. It examines infrastructure requirements for large mixture-of-experts and agentic models, compares major inference architecture approaches, and details the TDN AIP processor, TDN72 pod, TDN Link fabric, and Napier Ultra configuration. The paper reports simulation-based performance, cost, and accuracy-validation results, including Tensordyne’s projected comparison of one Napier rack with a nine-rack Nvidia Rubin plus Groq deployment; the chip is reported as taped out and in fabrication.
Read moreYou may also like
Crossmint Launches Toolkit for AI Agent Card Payments
Alchemy Adds Mastercard Payments to AgentCard
Baselayer Raises $35 Million and Launches Identity Suite for AI Agents
IDEMIA Secure Transactions Introduces Agentic Commerce Payment Security
Ant International Adds AI Agents Across Financial Services
Daily AI Brief: the AI news that matters, in your inbox.