Between October 13 and 16, JPMorgan Chase, Bank of America, Citi, Schwab and Wells Fargo restricted AI agents from consumer accounts through four hard blocks and one contract rewrite. JPMorgan CEO Jamie Dimon called the move a “liability transfer,” citing unverified agents, shared customer credentials and unassigned liability. In contrast, a live Visa, BILL and Billtrust B2B pilot uses the Visa Trusted Agent Protocol so a BILL Payment Agent, registered in Visa's Agentic Directory, can authenticate to supplier portals without shared credentials. The agent only executes payments already approved by the buyer, using tokenized credentials. The model targets supplier invoices by accepting card payments, which could help suppliers get paid faster and improve Days Sales Outstanding.
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