Terry Angelos is Chief Strategy Officer at VGS, a payment-security company. A fintech founder and former Visa executive, he writes about the infrastructure and authority AI agents need to make purchases for people.[1][2][3]
Start with Wallet Wars →
Links
VGS biography
X Chief Strategy Officer · VGS
Career
VGS identifies Angelos as its strategy chief after earlier work as a founder, CEO and investor. He co-founded TrialPay, later worked at Visa on fintech, crypto and stablecoins, and led DriveWealth as CEO. His current work concerns the payment credentials and security infrastructure behind transactions, rather than only the interface a shopper sees.[1]
Ideas
Connecting a wallet is only the first contest
In Wallet Wars, Angelos distinguishes helping an agent pay from allowing it to transact as the actual customer. A wallet can provide a virtual card that completes a purchase, but the merchant may then see a different payment relationship. That can affect repeat purchases, subscriptions and loyalty programs. The essay argues that agentic commerce needs to preserve the customer relationship as well as move money.[2]
Tools, writing & talks
Writing, research & talks
Start here
Wallet Warsa16z.newsAn essay on wallet access, delegated spending and the customer relationship in agentic commerce.
Start with the two kinds of wallet competition and the virtual-card example. The essay explains the payment mechanics before discussing possible industry outcomes.
Author[2]A discussion of payment credentials and agent purchases.
Interview guest[3]Original source