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RBC, TD, CIBC and BMO block third-party AI agents

By Drooid · Oct 30, 2026 · How we work

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RBC, TD, CIBC and BMO will block third-party AI agents from online banking accounts.
The banks say the block protects clients’ sensitive financial information.
RBC CEO Dave McKay warned autonomous AI could raise fraud and systemic risk.
TD spokesperson Ada Rampersaud said the bank will block all personal AI agents requiring authentication.
Scotiabank will limit third-party AI agents while monitoring the issue.

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RBC, TD, CIBC and BMO will block third-party AI agents from online banking accounts.
The banks say the block protects clients’ sensitive financial information.
RBC CEO Dave McKay warned autonomous AI could raise fraud and systemic risk.
TD spokesperson Ada Rampersaud said the bank will block all personal AI agents requiring authentication.
Scotiabank will limit third-party AI agents while monitoring the issue.