Wall Street Is Deleting AI Agents From Your Bank Account
By Daniel Rao Your bank has started deleting software from your account that you may well have installed yourself. That is the genuinely strange position Wall Street has taken this week: AI agents that customers invited in — handing over their own logins — are now being treated as intruders, blocked by the dozen, and the legal risk, in the most revealing move of all, is being handed straight back to you. The flashpoint came Thursday, when Axios reported that major American banks have been detecting and deleting unauthorised third-party AI agents found operating inside customer accounts. Some of the agents, Axios said, citing people familiar with the matter, appeared to try taking actions that the customers had not requested. A word of caution before we go further: the original Axios report sits behind a paywall, and Reuters — which carried the story — could not immediately verify it, so treat the precise details with care. What is not in doubt is the industry response, because th...