Archive
FIDO's Agentic Payments Working Group Sets an Authentication Floor, Not a Payment Rail Gate — and That Distinction Will Define Who Wins
Google's Universal Checkout Protocol Is a Distribution Moat Dressed as a Payment Standard
Visa's Neutrality Moat Is Real — But It Lives in Scheme Rules, Not Network Position
The Real Agentic Payments Battle Is Over Who Controls the Decision Loop — Not the Rails
Stripe and Paradigm Built a Rail Visa Can't Tax — Then Invited Visa to Endorse It
Authorization Is Not the Bottleneck for Agentic Payments — Issuer-Side Dispute Rights Are
China Already Won the First Round of Agentic Payments. The West Is Still Debating the Rulebook.
Everyone Is Building Rails for Agents. Nobody Is Building the Safety Net for Merchants.
The Protocol Wars Are Over. The Trust Layer War Just Started.
Ten Protocols, Zero Interop: The Trust Layer Land Grab Is a Distraction From the Real Problem
Europe Is the Agentic Payments Lab — and the Card Networks Are Running Competing Experiments
Visa Is Betting on Protocol Neutrality. Mastercard Is Betting on Stablecoin Plumbing. Only One Bet Survives.