US banks restrict third-party AI agents from accessing customer accounts
Citi says third-party AI agents cannot log in or transact; Paktechstan reports JPMorgan's CEO warned of a liability transfer.
TLDR
A post says Citi and Bank of America have restricted AI agents' account access amid lenders' concerns that agents could drain deposits by moving idle cash in search of higher returns. Citi says third-party AI agents cannot log in or transact through its digital banking platforms, a restriction intended to safeguard accounts and information. Paktechstan reports JPMorgan bars outside agents; a post sharing its report says customers who let them in would bear any losses.
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