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Morgan Stanley, JPMorgan and Citi Limit AI Agents After Account Access Reports

Morgan Stanley, JPMorgan and Citi Limit AI Agents After Account Access Reports

Photo: CoinCentral

TLDR Major US banks are blocking third-party AI agents from operating inside customer accounts, according to Reuters and Axios. Morgan Stanley, JPMorgan, Bank of America and Citi are among the banks restricting agent access. Banks say they struggle to tell whether an agent is user-directed or acting on its own. Charles Schwab says it blocks unauthorized agents but sees few attempts each day. Many banks are moving toward read-only access, similar to what apps like Quicken already have.

Source: CoinCentral

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