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JPMorgan bans outside AI agents from customer accounts citing security risks

Market News
13 Oct 2026
CNBC
View Source
Neutral
JPMorgan bans outside AI agents from customer accounts citing security risks

JPMorgan Chase CEO Jamie Dimon announced the bank will not allow external AI agents to access or operate customer accounts due to security concerns. The bank currently blocks third-party AI from performing transactions but allows read-only data access through secure channels. JPMorgan is developing its own AI tool, Smart Cash, to help customers manage cash flow safely. Dimon warned customers about the risks and liability transfer involved in using outside AI agents, emphasizing the bank's priority on protecting clients amid rising AI adoption in finance.

JPMorgan Chase shares are trading at USD 333.62 as of Oct 14, 2026, 02:01 WIB, down slightly by 0.20% on the day. This price sits closer to the 52-week high of USD 365.18 than the low of USD 282.84, indicating relatively strong performance despite the minor dip. The stock’s dividend yield stands at 1.97%, and on Pluang, selling activity dominates with 63% of orders being sell versus 37% buy, reflecting cautious investor sentiment amid the bank's cautious stance on external AI access.

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