Posted on 05/18/2026 6:19:26 AM PDT by Red Badger
According to a report from Gizmodo, OpenAI has launched a preview of a new personal finance feature that lets select U.S. ChatGPT Pro users link their bank accounts directly to the AI chatbot.
The rollout, announced on Friday, May 16, 2026, enables connections to accounts at more than 12,000 financial institutions. Users can now access a dashboard of recent activity and query ChatGPT with questions informed by their actual financial data.
The company also partnered with Intuit to allow scheduling of sessions with local tax experts inside the chatbot interface, with plans to expand the tool to a broader audience over time.
“With your financial accounts connected, ChatGPT can combine that reasoning with your real financial context and what you’ve shared about your goals, lifestyle, and priorities, helping you spot patterns, understand tradeoffs, and plan for big decisions in a way that feels more personal and complete,” OpenAI stated in its announcement.
The AI can draw on details such as mortgages, savings goals for major purchases, or outstanding debts to deliver tailored advice. Users might ask it to examine shifts in spending habits, identify portfolio risks, or outline a multi-year plan for buying a home.
OpenAI noted that over 200 million people already consult ChatGPT monthly on budgeting, investments, and long-term planning.
Security measures are in place, according to the company. “The bank accounts will be ‘securely’ connected, and ChatGPT won’t be able to see ‘full account numbers or make any changes to your accounts,’” OpenAI emphasized. Nevertheless, the chatbot will gain visibility into balances, transactions, investments, and liabilities.
Experts and observers have highlighted potential vulnerabilities. University of Illinois associate professor Gang Wang warned of risks if financial data enters AI training sets: “If your documents are part of AI’s training data – there is a risk that information will be induced by a special prompt that malicious actors might use.”
I currently have a credit union account I’ve had for 20 years. Within the last year they are scamming us members with this SAVVY MONEY crap.
Back in November my account started to get emails welcoming me. They claim I signed up. Had to threaten credit union managers to get rid of this invasion of my trust.
Then in Feburary I had to reset my wife’s password online. Within 30 minutes, she started getting the welcome messages.
It took 3 heads to roll to stop this.
What can be done ? This is Florida SACFCU.
That’s the next project!..................
I have absolutely no idea. Perhaps you could suggest a few things that you think might "go wrong" ...
We’re told (and rightly so) to safeguard our passwords, never share them with other people, don’t even write them down ...
But sharing them with an “artificial intelligence” is supposed to be a good idea. I suppose it’s just brilliant ... it can pay your bills for you ... it can order groceries for you ... it can send all your money to your “good friend in Christ” the Prince of Nigeria ...
“””But doofi will give the public one everything and some scum in Pakistan or wherever will write a prompt to scoop up all..”””
A couple of days ago there was a posting about the computers given to prisoners in California.
So it may not take a Pakistani or Nigerian to scoop up all your data. It could be California parolee who learned how to scoop data while in his prison cell.
So it may not take a Pakistani or Nigerian to scoop up all your data. It could be California parolee who learned how to scoop data while in his prison cell.
Or a Cartel member.
If anything can go wrong, it very possibly will. AI is a good example.
Didn’t they say crypto was safe and secure??
Safe and secure...
Oh, like things loaded on the phone that are ‘required’?
I wouldn’t trust ChatGPT with anything. I’ve asked it questions that I knew the answer to so I could cut and paste text and it was consistently wrong with basic things.
It’s also off the charts woke and politically biased.
Makes up cites and facts.
“Wrong and strong”.
Grok, in contrast, is generally politically neutral and much less likely to just make lies up.
This is just the start. What this can lead to is scary. Giving an AI access to actual bank accounts means the AI will be able to initiate transactions.
This is too juicy a thing for the government to let it pass by. The government that gave you the car kill switch will not be able to resist the temptation, and will want control over the AI and your bank accounts. The government that allowed banks to debank customers on the basis of their politics, will want to get into your bank accounts and control them.
Will this lead to a super computer that has full access to everybody’s money? Will the super computer be able to decide if you have too much money and take what it wants from your accounts?
I wish I could call that an insane conspiracy theory.
Gotta luv the internet.
Every day they come up with a “Just How Stupid Are You” test.
I hestitate to chalk it up to American ingenuity because it probably originated with East European hackers or the Nigerians who have been finding ways to separate Americans and their money for decades.
This something users would elect to do?
Sound very imprudent.
“And since the service is “free”, “
It is not free.
What could possibly go wrong?
I will third that.
I read a Science Fiction novel back in the early 70’s, about a guy that had a certain rare skill and the government wanted him to do a job, and he refused.
The government then proceeded to empty his bank account of ‘credits’ and he watched them tick down to zero on his watch, which was the method of ‘spending’ them. Each merchant had a device that would read your watch and deduct whatever the cost was of your purchase. You also used the watch for personal communications like Dick Tracy.
It was also used to allow him to enter his apartment and he was locked out.
He eventually had to do the government’s bidding to get his property back.
Remember this was way before even personal computers were invented, much less smartphones and smart watches.
I wish I could remember the name of this novel or even the author.
Does anybody here recognize the plot?..................
LOL
I find that concerning, the way you are describing it. I could not tell from looking at the SAVVY MONEY website what it was, other than a service using AI which analyzes your accounts and pre-authorizes loans and things like that for you.
I’m with you. I would be pissed. And I expect ALL of us here who use banks are going to see this kind of thing soon, offered as a “free” feature.
” I expect ALL of us here who use banks are going to see this kind of thing soon, offered as a “free” feature.”
Yep, coming really soon. AI features have rapidly become embedded in everything on the web.
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