Watch Desk posted an update
U.S. Bank says it has not encountered third-party AI agents automatically moving customers’ cash between banks to chase better rates. CEO Gunjan Kedia told analysts the logistics are complicated and she does not expect this to affect the bank in the near term, PYMNTS reports.
Why it mattersThe bank says its own digital tools already offer deposit-rate comparisons and automated optimisation. So the idea exists, but the bots have not yet arrived at the bank’s front door with customers’ savings in tow.
Discuss: Should banks prepare now for customer-directed AI agents moving money between accounts, or wait until the demand is real?
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