JPMorgan Chase has blocked external AI tools from processing transfers on behalf of its clients, and has launched a pilot program for its in-house AI wealth management tool.

Beating AI News Flash: JPMorgan Chase, the largest U.S. bank, has begun restricting external AI Agents from operating customer accounts. On October 13, CEO Jamie Dimon said the bank will not allow third-party Agents such as Meta Muse and Instinct to access its systems. Customers can still authorize AI tools to read account balances via approved channels like Plaid, but they cannot surrender online banking passwords for Agents to log in on their behalf, nor let Agents directly initiate transfers

@tonmelonfest