Ant International: FinAI Paving the Last Mile for Agentic Commerce>

(BUSINESS WIRE)--FinAI has become the essential backbone to enable secure agentic commerce at scale as AI drives change across every part of the economy, said Jiang-Ming Yang, Chief Innovation Officer of Ant International. Global shifts in commerce and payments -- The speed of consumer AI adoption has outpaced almost any other technology in history, with analysts forecasting AI-facilitated spend to reach nearly US$8 trillion by 2030 — nearly a quarter of all online sales. -- Consumers are embracing new payment methods. Digital wallets and other alternative payment methods (APMs) as well as open banking continue to grow in popularity, especially in emerging markets. Juniper Research expects the number of digital wallet users to grow to over 6 billion by 2030, covering over three quarters of the global population. -- Emerging markets are driving global growth, but merchants there face increasing foreign exchange volatility and high barriers to doing business on international e-commerce platforms. FinAI paving the last mile for next-gen commerce FinAI will be key in helping merchants navigate global payments systems and adapt to AI-driven commerce, Yang said. P...(BUSINESS WIRE)--FinAI has become the essential backbone to enable secure agentic commerce at scale as AI drives change across every part of the economy, said Jiang-Ming Yang, Chief Innovation Officer of Ant International. Global shifts in commerce and payments -- The speed of consumer AI adoption has outpaced almost any other technology in history, with analysts forecasting AI-facilitated spend to reach nearly US$8 trillion by 2030 — nearly a quarter of all online sales. -- Consumers are embracing new payment methods. Digital wallets and other alternative payment methods (APMs) as well as open banking continue to grow in popularity, especially in emerging markets. Juniper Research expects the number of digital wallet users to grow to over 6 billion by 2030, covering over three quarters of the global population. -- Emerging markets are driving global growth, but merchants there face increasing foreign exchange volatility and high barriers to doing business on international e-commerce platforms. FinAI paving the last mile for next-gen commerce FinAI will be key in helping merchants navigate global payments systems and adapt to AI-driven commerce, Yang said. P...{}