The only good I can see coming of this is a Robinhood AI. steal from the rich give to the poor.
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Zero substantiating information or details in this three sentence "article".
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US banks are trash, yes.
Their security is generally trash as well, yes (a big 5 bank let you enter case insensitive passwords for awhile).
Their technologies being used, also trash.
But I still don't think this article is true.
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Oh, no, better cut off browser access, allowing only mobile apps from verified devices to have access /s
We’re so fucked. But at least however briefly, a bunch of do-nothing talentless hacks got to pretend to be musicians and artists for a few years. So…. That a thing.
My wife works fraud at the largest credit union on the planet. She knows jack about computers and AI and would be asking me about this if she had heard anything at work.
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An AI would spend more in compute hacking my bank account then it would get from draining it.
After continually seeing commercials of that old lady using ChatGPT to order stuff for her, I'm not surprised by this. They're rediculous commercials.
It says they give their AI their credentials to log in, do american banks not offer api access? My handwritten 50 lines python script has been sorting my money based on a budget for a while now, and I don't have to worry about hackers getting access to my api token, as they would only be able to transfer my money internally between my own accounts.
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