Travis Hill, speaking Tuesday in Las Vegas, also said he sees potential for AI to help the banking agency become more efficient in aspects of supervision and failed bank resolution.

LAS VEGAS – A top banking regulator couldn’t escape one of the biggest artificial intelligence-related questions in the banking world over the past week.

AI agents moving deposits on behalf of customers is “the big thing that we're thinking about,” and “that a lot of the banks are thinking about,” Federal Deposit Insurance Corp. Chair Travis Hill said Tuesday at an Axios event on governing the agentic economy in Las Vegas.

“There's just a big question of, to what extent are depositors going to delegate that type of decision-making authority to these types of agents?” Hill said.

“There certainly will be some,” he said. “The question is, how many and how big of an impact is that going to have on the overall landscape?”

The launch of Meta’s AI assistant Muse and the addition of Stripe’s Link wallet to enable Muse to transact on behalf of consumers have reignited conversation around agentic AI cash sorting concerns for lenders and the threat such activity could pose to their deposit businesses.

Big banks have pointed to safety and soundness concerns related to AI agents’ access. Citi and Bank of America have joined JPMorgan Chase in blocking customers’ external AI agents from accessing customer bank accounts .

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