DECRYPT · 2026-11-04 19:57 UTC

US Bank Regulator Issues First AI Framework as Banks Battle Rogue Agents

The U.S. Office of the Comptroller of the Currency issued its first supervisory framework for AI in banking, instructing examiners to focus on consequences of AI mistakes rather than system power. The framework addresses risks from external AI agents operated by customers and fintechs that could access bank accounts without bank control, suggesting safeguards like identity verification, transaction limits, and access suspension capabilities. Major banks including Morgan Stanley, JPMorgan, Bank of America, and Citi recently discovered unauthorized third-party AI agents operating in customer…

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