SHANGHAI, April 3, 2026 /PRNewswire/ -- On April 2, a special taxi booking transaction was successfully completed in Hong Kong, China. After entering the booking information into the AI assistant developed by the technology company Evonet, the tester quickly …
UnionPay Launches Agentic Payment Open Protocol Framework: Building an Open, Trusted Smart Payment Ecosystem
UnionPay launched an Agentic Payment Open Protocol Framework, enabling AI-driven payment transactions via platforms like Evonet’s AI assistant, but this introduces risks of supply chain compromise or AI-driven fraud. The expansion could affect all UnionPay payment integrations, financial institutions, and end-users relying on AI-mediated transactions, raising concerns about authentication bypasses and unauthorized fund access.