AI agents have the potential to disrupt bank business models by automating cash transfers into higher-yielding accounts Dave McKay, president and CEO at Royal Bank of Canada, said he’s considering blocking Meta Platform Inc.’s popular artificial intelligence agent Muse from accessing the bank’s customer information. Key points and original sources are listed below.

• AI agents have the potential to disrupt bank business models by automating cash transfers into higher-yielding accountsS1

• Dave McKay, president and CEO at Royal Bank of Canada, said he’s considering blocking Meta Platform Inc.’s popular artificial intelligence agent Muse from accessing the bank’s customer information. “You have to protect that consumer and then we’re liable for t...S2