AI Helps Depositors Earn More Money, But Banks Panic: Citibank, Bank of America, and JPMorgan Chase Collectively Take Precautions Against AI Agents
Citigroup, Bank of America, and JPMorgan Chase have all announced restrictions on AI-powered agents accessing customer accounts. Behind this collective defensive action lies the banking industry's deep anxiety that trillions of dollars in low-cost deposits could be "swept away" by AI.









