Schwab and JPMorgan are blocking AI agents from moving customer money
CEO Rick Wurster said Schwab stops outside agents tens of times a week and will offer read-only AI access instead.
Via TNW | Artificial-intelligence
Charles Schwab is blocking unauthorised AI agents, including Meta’s Muse, that try to move client money, CEO Rick Wurster told Bloomberg Television. Schwab will instead let outside AI tools view balances through controlled MCP servers, and wants clients to use its own assistant, Charley. JPMorgan’s Jamie Dimon took a similar line this week.
Charles Schwab is blocking outside AI agents that try to move its clients’ money, including Meta’s Muse, chief executive Rick Wurster told Bloomberg Television on Friday. The…
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