Jim Bianco Says Banks Blocking AI Agents Are Protecting Their Profits, Not Customers
Photo: Unchained
Banks that keep outside AI agents out of customer accounts are guarding their own revenue rather than their customers, Bianco Research president Jim Bianco said on Unchained’s Bits + Bips during a live stream on Oct. 26. “Are you protecting me, or are you protecting your own profits?” he asked. His example was JPMorgan Chase , which keeps third-party AI agents from signing in to Chase accounts or acting on them for customers. Jamie Dimon , the bank’s CEO, explained the policy to analysts on Oct.
Source: Unchained
