Bank Of America (BAC) Tightens AI Access Rules For Customer Accounts

Bank of America (NYSE:BAC) is limiting AI agents' access to customer accounts, keeping money movements under human control. The bank is focusing restrictions on consumer deposit accounts as use of autonomous financial tools draws tighter regulatory attention. Other large banks are taking similar steps, reshaping how AI tools can interact with retail and digital banking platforms. Bank of America's move to curb AI agents from directly moving customer funds is an important counterweight to the...