JPMorgan Chase, Wells Fargo tighten controls as AI agents become harder to distinguish from humans: Is your money safe?

Major US banks, including Morgan Stanley, JPMorgan Chase, Bank of America and Wells Fargo, are stepping up efforts to restrict third-party artificial intelligence (AI) agents from accessing customer accounts and carrying out transactions, according to Reuters citing sources.

This comes amid growing concerns that the technology could act beyond users’ instructions.