CFPB Opens Debanking Investigation into Nine Large National Banks

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Summary

The Consumer Financial Protection Bureau has opened a debanking investigation into nine large national banks over account closures related to crypto and political views.

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BMO, CIBC, RBC, TD Bank block personal AI agents, citing safety and security

Reddit r/singularity

Canada's major banks — RBC, TD, CIBC, and BMO — announced they will block personal AI agents such as Meta's Muse and OpenAI's ChatGPT from accessing clients' online bank accounts, citing safety and security concerns amid reports of unauthorized third-party AI agent activity in accounts at major U.S. banks.