Simon Taylor: New protocol aims to enable Know Your Agent compatible with bank KYC processes

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16.10.2026

Simon Taylor: New protocol aims to enable Know Your Agent compatible with bank KYC processes — Protocol for Know Your Agent and bank KYC

Simon Taylor, co-founder of 11:FS, said there is now a new protocol designed to enable 'Know Your Agent' instead of blocking agents. Taylor described this development as being compatible with existing bank KYC processes and emphasized its significance. He recommended that interested parties look into x401 to learn more.

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Taylor has previously said that consumer refund agents such as Muse and Instinct may result in higher sale costs for retailers' third-quarter financials, according to an earlier article. In a separate development, he also reported on Rain's launch of embedded stablecoin wallets and the firm's filing with the OCC for a national trust bank following its acquisition of Ansa. These comments reflect Taylor's ongoing focus on fintech infrastructure and regulatory matters.

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