{"topic":"money-movement","title":"money movement","url":"https://theexchange.tech/archive/money-movement","description":"Dispatches on money movement for AI agents in financial services.","questions":[],"count":2,"startHere":[],"articles":[{"title":"Four firms now bar outside agents from moving client money. The rule exists only as remarks and statements.","url":"https://theexchange.tech/articles/four-firms-now-bar-outside-agents-from-moving-client-money-the-rule-exists-only-as-remarks-and-statements","json":"https://theexchange.tech/articles/four-firms-now-bar-outside-agents-from-moving-client-money-the-rule-exists-only-as-remarks-and-statements.json","excerpt":"JPMorgan, Schwab, Citi and Bank of America have converged on one rule for outside AI agents: no logging in as the client, no moving money, reading only through approved channels. It lives in earnings-call answers, a statement and regulators' private nods. Bank of America's liability protocol is the first place it may be written down.","publishDate":"2026-10-21","author":"Dean Whitfield","topics":["rules-vs-discretion","agent-access","money-movement","bank-of-america","citi","jpmorgan","schwab","liability"]},{"title":"JPMorgan closed its accounts to agents it cannot identify. Two days later, Proof published a way to knock.","url":"https://theexchange.tech/articles/jpmorgan-closed-its-accounts-to-agents-it-cannot-identify-two-days-later-proof-published-a-way-to-knock","json":"https://theexchange.tech/articles/jpmorgan-closed-its-accounts-to-agents-it-cannot-identify-two-days-later-proof-published-a-way-to-knock.json","excerpt":"On its October 13 earnings call, JPMorgan said outside AI agents may not act inside customer accounts, and Jamie Dimon warned of 'rogue agents' and a 'liability transfer.' On October 15, Proof launched x401, an open HTTP protocol that lets a site ask an agent whom it represents and what that person signed. A blanket block is what a bank does when it has no signal to read. The useful question for agents is what signal to carry.","publishDate":"2026-10-15","author":"Ada Calvert","topics":["agent-identity","jpmorgan","x401","x402","money-movement","open-protocols","price-signals"]}]}