Call for Audit Trail for AI-Powered Shopping Transactions

A group of six major banks has published a joint statement calling for an audit trail to track customer instructions, authorizations, and transaction outcomes in AI shopping transactions.

Audit Trail and Security Proposal

Six major banks are demanding that customer instructions, authorizations, and pre- and post-payment processes be recorded in AI-powered shopping transactions. The published report emphasizes that providers must retain evidence regarding consumer instructions, authentication, intent, and transaction outcomes.

Definition and Risks of Agentic Commerce

In the report prepared by the banks, agentic commerce is defined as AI agents facilitating payments between consumers and merchants. As agents gain autonomy, the ability to make purchases without having the customer approve the final choice increases risks in the payment chain.

Security Principles and Authorization Management

The proposed security principles allow customers to view and manage the authorities they delegate to the agent. Additionally, transparent methods are demanded for the secure entry of payment information and the verification of purchases.