Schwab and JPMorgan are blocking AI agents from moving customer money

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 […]
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