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Announcement ·
Citi becomes the latest US bank to restrict AI agents' access to accounts
- Publication
- Financial Times (United Kingdom)
- Author
- Unsigned
- Published on
- 16 October 2026 · read in the publisher's feed
Summary
Citi is limiting artificial intelligence chatbots' access to bank accounts, joining other US banks that have taken similar measures. US lenders fear that these chatbots could move billions of dollars of deposits to accounts offering higher interest.
Summary based on the article's title and standfirst, as the text is not accessible.
Read the article on Financial Times →Classification
- Country
- United States
- Company size
- Large companies
- Industries
- Banking, insurance, asset management, finance departments
- Companies
- Citi (deploys AI)
- Keywords
- AI agents, banking, bank deposits, financial chatbots, account security
Entry written by Marsanne Studio from the cited article, with the help of an AI model (claude-sonnet-5). The rights to the article and its illustrations belong to Financial Times. Entry translated from French by Claude Sonnet 5.5.