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business

Top banks across America are 'banning' AI agents from accessing customer accounts

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Major American banks, including Citigroup and Bank of America, are blocking AI agents from customer accounts and transactions. This decision follows concerns about potential risks posed by autonomous software in financial scenarios. Bank executives argue for the necessity of human involvement in transaction approvals to ensure customer security. Regulators support these restrictions but stress that future laws are needed to clarify liability standards.

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Top banks across America are 'banning' AI agents from accessing customer accounts
TOI TECH DESK · 10/17/2026, 9:21:22 AM
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