Bank of America tells customers to stop sharing banking passwords with AI agents — agentic payments are becoming a major thorn in the side of banking – TechRadar

AgenticGuru

Bank of America has advised customers against sharing their banking passwords with AI agents, citing security concerns related to agentic payment systems. The guidance reflects growing tension between financial institutions and the emerging practice of using autonomous AI agents to manage financial transactions on behalf of users. The development highlights a significant challenge banking institutions face as AI-driven payment automation becomes more prevalent.

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