| Mobile Web

Search results for JPMorgan

AI & Enterprise

U.S. big banks alarmed by AI agents entering customer accounts

Major U.S. banks are detecting unauthorised external AI agents operating inside customer accounts, Axios reported. Some agents appeared to try to act independently of user instructions. Morgan Stanley, Bank of America, JPMorgan and Wells Fargo are moving to block or restrict agent access, with some banks already aware of unauthorised entry, sources said. Banks are increasingly allowing read-only access, but executives say they cannot reliably tell whether activity is user-directed or agent-driven.

Crypto

JPMorgan launches two tokenised money market funds on Solana

JPMorgan has officially launched two tokenised money market funds on the Solana blockchain. Qualified U.S. investors can access the My Onchain Net Yield Fund (MONY) and the JPMorgan Onchain Liquidity-Token Money Market Fund (JLTXX) through Morgan Money, where subscriptions and redemptions are handled before tokens are delivered to a blockchain address. The move expands JPMorgan’s tokenised offerings beyond Ethereum and strengthens its multi-chain service structure.

Crypto

Bitcoin shifts from speculative asset to institutional treasury strategy, drawing Wall Street attention

Bitcoin is increasingly being treated less as a speculative target for retail investors and more as a financial asset used by institutional investors and companies, Bitcoin Magazine reported. Allen Helm (앨런 헬름), co-founder of Bitcoin for Corporations, said banks he speaks with no longer view bitcoin primarily as a speculative asset. He said institutions are using it as a base asset for designing digital credit products and securities, and are approaching it from a portfolio and capital-structure perspective.