US banks restrict third-party AI agents accessing customer accounts via shared credentials, with no infrastructure breach reported
Axios reported on October 22 that major U.S. banks, including Morgan Stanley, Bank of America, JPMorgan, Wells Fargo and Citi, are working to limit risks from third-party AI agents that access customer accounts. Customers typically share their login credentials and authorize AI assistants to act for them, which can conflict with bank poli…