M&T CFO says AI agents are coming in every day, but not much money is being moved
On a question from Gerard Cassidy about AI agents moving deposits around, M&T CFO Daryl Bible said agents are coming in every day. He added that the bank is not really seeing much impact of money being moved out yet, and that it is monitoring that very closely.
NoteBible says it is going to come down to trust, and that it will take time for people to get comfortable. For a deposit franchise, customer comfort with agents is the signal to watch.
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