JPMorgan Chase blocks outside AI agents from acting on retail customers’ accounts

CNBC reports JPMorgan Chase blocks outside AI agents from acting on behalf of retail customers, citing security risks. Agents can access some account data through connectors on a read-only basis, but cannot send money or pay bills. The bank is piloting Smart Cash, its own tool intended to forecast cash flow and move funds to maximize yield. It has given no timeline for allowing outside agents to act directly on accounts.