Panasonic Connect Group (Group CEO: Ken Sain) announced that Mitsubishi UFJ Financial Group, Inc. (President and Group CEO: Junichi Hanzawa) and MUFG Trust and Banking Corporation (President: Hiroshi Kubota, hereinafter referred to as MUFG Trust Bank) have joined the "AI Agent x Financial Transactions Subcommittee" (hereinafter referred to as the Subcommittee), which was jointly established within the DID/VC Co-creation Consortium (Decentralized Identifier / Verifiable Credential Co-creation Consortium (*1)) hosted by MUFG Trust Bank.
The Subcommittee will examine issues related to ensuring the reliability, safety, and transparency of transactions, as well as practical, legal, and governance challenges, with a view to an era where AI agents (*2) autonomously execute financial product transactions on behalf of financial institution customers (hereinafter referred to as users).
In particular, it will focus on the appropriate delegation of authority from users to AI agents, and will organize discussion points regarding the definition and proof of the scope of delegation, and the verifiability of transaction execution results.
Furthermore, as a supporting mechanism, it will confirm the potential utilization and implementation requirements of Verifiable Credentials (VCs), including consistency with relevant laws and regulations.
*1 The "DID/VC Co-creation Consortium" was established in October 2023 with the aim of co-creating businesses using Decentralized Identifiers (DID) and Verifiable Credentials (VC). It has 53 member companies (as of the end of June 2026).
[Reference]
- Regarding the establishment of the "DID/VC Co-creation Consortium" and the launch of the "Rule Development Subcommittee"
https://www.tr.mufg.jp/ippan/release/pdf_mutb/231010_1.pdf
- Regarding the launch of the "DID/VC Co-creation Consortium Identity Verification Subcommittee"
https://www.mufg.jp/dam/pressrelease/2024/pdf/news-20240621-001_ja.pdf
*2 In this press release, "AI Agent" refers to agent-based AI in general that performs processing based on user intent, and includes so-called Agentic AI that autonomously plans and executes multiple tasks.
[Contact Information]
Panasonic System Customer Consultation Center
Free Dial: 0120-878-410
Reception Hours: 9:00 AM - 5:30 PM (Reception only on Saturdays, Sundays, and holidays)
For the full text, please see the press release below.
▼[Press Release] Launch of the "DID/VC Co-creation Consortium AI Agent x Financial Transactions Subcommittee" (June 30, 2026)
https://news.panasonic.com/jp/press/jn260630-1
<Related Information>
- About Panasonic Connect's ID x Biometric Authentication (Facial Recognition)
https://connect.panasonic.com/jp-ja/products-services/facial-recognition/top
- Panasonic Connect Group Website
https://connect.panasonic.com/jp-ja/
- Panasonic Connect Group Newsroom
https://connect.panasonic.com/jp-ja/newsroom
- Panasonic Connect Group DEI (Diversity, Equity & Inclusion)
https://connect.panasonic.com/jp-ja/about/sustainability/dei
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- Source: PR TIMES
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