Big-bank executives this week largely brushed off concerns that agentic AI-driven cash optimization could post a threat to their consumer deposit businesses.
Asked Tuesday about the possibility at a Morgan Stanley investor conference, PNC CEO Bill Demchak laughed at the question and seemed almost exasperated by the idea consumers may employ artificial intelligence to move their money around in sea…
PNC, U.S. Bank CEOs brush off AI-driven cash optimization | Banking Dive
