FeesSafety
Pluang+

Bank of America warns customers not to share banking credentials with AI agents to avoid fraud risks.

Market News
28 Oct 2026, 00:44 WIB
TechCrunch
View Source
Bearish
Bank of America warns customers not to share banking credentials with AI agents to avoid fraud risks.

Bank of America has issued a warning to customers advising them not to share their banking usernames and passwords with AI agents or any outside services. The bank highlights risks such as unauthorized transactions, account lockouts, and potential credential leaks to hackers due to security flaws in AI tools. This caution comes amid growing use of AI assistants for financial tasks and ongoing efforts by banks to safely integrate AI for services like agentic payments. Customers are reminded they are responsible for any activity resulting from sharing their login details.

Bank of America (BAC) shares trade at USD 50.64 on Pluang as of Oct 28, 2026 04:51 WIB, up 0.24% in the last day. The stock shows strong investor interest with 95% of orders to buy and a typical hold time of 128 days. BAC's market cap stands at $349.73 billion, reflecting its significant presence in the financial sector.

More News (BAC)

Ex-Bank of America exec sues for racial, age discrimination after forced out over caregiving move

Ex-Bank of America exec sues for racial, age discrimination after forced out over caregiving move

Robert Zullo, a former Bank of America senior vice president, filed a lawsuit claiming he was forced out and threatened after relocating to care for his ailing mother. He alleges racial and age discrimination, noting a younger black colleague was all...

Market News
Bearish
6 hours ago
Big banks pay just 0.01% interest on savings; online banks offer up to 4% APY for better returns.

Big banks pay just 0.01% interest on savings; online banks offer up to 4% APY for better returns.

Major banks like Chase, Bank of America, and Wells Fargo currently offer a very low 0.01% interest rate on basic savings accounts, which barely offsets fees and inflation. In contrast, online banks provide high-yield savings accounts with rates aroun...

Neutral
15 hours ago
Bank of America sued for securities fraud after 4.8% stock drop over compliance failures.

Bank of America sued for securities fraud after 4.8% stock drop over compliance failures.

Bank of America faces a class action lawsuit alleging securities fraud after its stock fell 4.8% following the announcement of over $1.21 billion in penalties for violations of anti-money laundering and sanctions laws. The lawsuit claims the bank mis...

Market News
Bearish
16 hours ago
Bank of America offers stronger dividend growth and safety than Wells Fargo despite recent stock drop.

Bank of America offers stronger dividend growth and safety than Wells Fargo despite recent stock drop.

Bank of America and Wells Fargo have both seen stock declines recently, but Bank of America is the better dividend buy for income-focused investors. It offers a slightly higher yield of 2.5% versus Wells Fargo's 2.4%, with faster dividend growth and ...

Market News
Neutral
4 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App