HSBC joins Asia AI payments group on liability rules

Banks Race to Set Rules for AI Payments

Artificial intelligence is beginning to execute payments autonomously across Asia, but one crucial question remains unresolved: who is liable when an AI agent makes the wrong decision? Banks and payment providers are now moving to establish common rules before the technology reaches the mainstream. The Emerging Payments Association Asia (EPAA) and HSBC have launched the region’s first industry working group dedicated to AI and agentic payments, …

HSBC Joins APAC Push to Set Standards for Agentic AI Payments

The Emerging Payments Association Asia (EPAA) has launched an APAC working group with founding member HSBC to address liability, identity and fraud risks in agentic payments. The group will bring together banks, payment networks, fintech firms and technology platforms to develop common standards for payments initiated by AI agents. APAC currently lacks an agreed framework for determining liability when an agent exceeds its mandate or a transacti…

HSBC joins Asia AI payments group on liability rules

Gaps in existing rules are prompting banks and fintechs to seek common standards as AI-led payments expand rapidly across Asia Pacific.

Asia Pacific’s Payments Industry Moves to Write Global Rulebook on AI Agent Liability – EastMud

Press releases and events in East Asia, Southeast Asia, Greater China (PRC, Hong Kong, Singapore)

Asia Pacific’s Payments Industry Moves to Write Global Rulebook on AI Agent Liability – DIR HONGKONG

EPAA and HSBC launch region’s first industry work […]