RBC blocks third-party personal AI agents from online banking
Royal Bank of Canada says outside personal AI agents can no longer access its authenticated digital properties, including online banking, and existing agent connections will stop working. The bank cites fraud, consumer harm and wider financial-system risk as agents grow more autonomous and store credentials. Several large US banks are taking similar steps.
Why it matters
Builders of agents that log into banks by screen-scraping or storing credentials face closing doors and should plan for official APIs or open-banking rails instead.