Major US banks block AI agents from customer accounts
Agents such as Meta's Muse are among those being blocked.
By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .
This story is no longer being updated. It reflects reporting up to .
What happened
Several large US banks, including Charles Schwab, JPMorgan, Citigroup and Bank of America, have restricted third-party AI agents from accessing customer accounts. Agents such as Meta's Muse are among those being blocked. Amazon, Delta and Yelp are also keeping AI agents out.
Timeline
- Oct 18, 4:46 AM ET: Schwab, JPMorgan, Citi and Bank of America were reported to be blocking AI agents such as Meta's Muse from moving money.
- Oct 19, 2:58 AM ET: Amazon, Delta and Yelp were reported to be shutting AI agents out, and European store terms and banking rules were said to already cover agents.
- Oct 19, 9:11 AM ET: Bank of America and Citigroup were reported to have joined JPMorgan and Schwab in restricting third-party AI agents from accessing customer accounts.
Coverage
- The Access Tax Amazon Imposed on Shopping Agents Just Arrived at Your Bank (Yahoo News)
- US Banks Restrict AI Agents From Accessing Customer Accounts (bankingexchange.com)
- US banks and Amazon are blocking AI agents like Meta's Muse (notebookcheck.net)
- U.S. Banks Lock Out A.I. Agents (trendingtopics.eu)
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