US Banks Tighten Limits on Third-Party AI Agents Over Account Security Fears

Major American lenders, including Morgan Stanley and JPMorgan Chase, are introducing restrictions on outside artificial intelligence tools accessing their systems. The banks are concerned that unverified AI agents could obtain unauthorized entry to customer accounts. There is a worry these agents might carry out transactions without human oversight. Some institutions are willing to permit read-only access, though they are still guarding against potential financial harm.