With the advent of personal agentic AI agents, these systems are able to make decisions and execute transactions with limited human involvement at each step. While it can make everyday life easier, it also opens up a new series of questions for when things go wrong.

.@BMO_US encourages students to learn about common fraud or scam tactics to help keep their finances safe as they prepare to take the next step for future success. bmo.com/en-us/main/personal/…

The blog also looks at existing CBA and outside research to show why consumers use overdraft services, what they use it for, and how limited or harmful alternatives can be.

We look forward to the next chapter in our Board leadership as we continue to help our members navigate the ever-changing landscape of consumer financial services.

In our latest blog, we outline how the federal funds rate influences credit card APRs, which have variable interest tied to the prime rate. As households face ever-increasing expenses, credit cards are an important source of liquidity to help manage short-term financial needs.

In their discussion, she highlighted the importance of government, lenders, and schools being more transparent to provide young people with a clearer understanding of the true cost of education and degree outcomes.