Major Banks Block Third-Party AI Agents
Citi, Bank of America, and JPMorgan are restricting or banning external AI agents from accessing customer accounts and moving money, citing authentication limitations.
What we know
An account on X explains that Citi now allows 0% of third-party AI agents to access customer accounts, with BofA and JPMorgan imposing similar limits per the Financial Times. The root cause is that binary authentication controls can't handle programmatic access at scale — a structural issue, not just a policy preference. The move signals growing institutional caution around agentic AI in finance.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.