By participating in the AI Agent Data Access Beta Program (“Beta Program”), you (“Client”) acknowledge that you have read, understand, and agree to the terms and conditions. This Beta Program is offered by Grasshopper Bank (“Bank”) via infrastructure licensed by Grasshopper Bank from Narmi Inc., its technology provider.
1. Nature of the Beta Program:
This Beta Program enables you to generate an API token and secret (the “Authentication Credentials”) to authenticate your chosen Artificial Intelligence (AI) agent or Large Language Model (LLM) (“Your AI Agent”) to access certain read-only financial data from your Grasshopper Bank business account(s) via our Model Context Protocol (MCP) Server.
This is an experimental, beta feature. It is provided “AS IS” and “AS AVAILABLE” for testing and evaluation purposes only. It is not a fully tested or commercial product and may contain errors, bugs, or other deficiencies.
This Beta Program is currently limited to read-only access to specified financial data. Your AI Agent will not be able to initiate transactions, move funds, or make any changes to your account(s) through this Beta Program. Any future “write” capabilities would require a separate, explicit agreement.
2. Your Assumption of Risk (Use At Your Own Risk):
- AI Hallucinations and Incorrect Information: You understand and acknowledge that AI technologies, including LLMs, are prone to “hallucinations” or generating incorrect, misleading, or nonsensical information. Your AI Agent may misinterpret your financial data, provide inaccurate summaries, or offer flawed financial advice based on the data accessed. Grasshopper Bank is NOT responsible for any inaccuracies, errors, or omissions generated by Your AI Agent or any LLM, nor for any decisions you make based on such information.
- Bad Financial Advice: You understand that Your AI Agent is an automated tool and not a financial advisor. Any “advice,” analysis, or recommendations generated by Your AI Agent should NOT be construed as financial, legal, tax, or investment advice from Grasshopper Bank. You are solely responsible for verifying the accuracy of any information and for all financial decisions made. Grasshopper Bank expressly disclaims any liability for financial loss or other damages resulting from reliance on information or advice provided by Your AI Agent.
- Security Beyond Bank’s Control: While Grasshopper Bank implements and enforces security measures to protect your data, the security of Your AI Agent, the LLM platform it uses, and your devices are solely your responsibility. You acknowledge that vulnerabilities or breaches in Your AI Agent’s platform, the LLM client, or your own systems could expose your data. Grasshopper Bank is not responsible for security failures or data breaches that occur outside of its direct control (i.e., once data leaves Grasshopper Bank’s system and is securely transmitted to the MCP server and then accessed by Your AI Agent).
- Data Usage by Third-Party LLMs: You acknowledge that you are connecting Your AI Agent, which may utilize third-party LLMs (e.g., Anthropic’s Claude, Google Gemini, OpenAI). You understand and accept that the terms of service and privacy policies of these third-party LLM providers govern their use of your data. While we aim to ensure data passed to LLMs is not used for model training, Grasshopper Bank cannot guarantee the practices of external LLM providers. You are solely responsible for understanding and agreeing to the data handling practices of Your AI Agent’s underlying LLM.
- Unforeseen Risks: The technology underlying AI agents and MCP is rapidly evolving and largely untested in a widespread commercial banking context. You understand that there may be risks not yet identified or contemplated by Grasshopper Bank. Your participation in this Beta Program is an acceptance of these inherent uncertainties and risks.
3. Your Responsibilities:
- You are solely responsible for the selection, configuration, and use of Your AI Agent.
- You must keep your Authentication Credentials confidential and secure. Do not share them with unauthorized parties.
- You must monitor your account activity regularly through standard Grasshopper Bank channels, independent of Your AI Agent, to detect any discrepancies or unauthorized access.
- You agree to immediately notify Grasshopper Bank if you suspect any unauthorized access to your account via Your AI Agent or compromise of your Authentication Credentials.
- You are responsible for ensuring your use of Your AI Agent complies with all applicable laws and regulations.
4. Data Access and Scope:
- You explicitly authorize Grasshopper Bank to provide your specified read-only business account data to the MCP Server for access by Your AI Agent.
- The specific types of data accessible will be limited by Grasshopper Bank and will be communicated to you separately.
- You understand that data is transmitted from the MCP Server [3] to your AI Agent, and Grasshopper Bank’s control over your data ceases once it is securely transmitted out of its systems.
5. Program Termination and Changes:
- Grasshopper Bank reserves the right to modify, suspend, or terminate this Beta Program, or your access to it, at any time, with or without notice, and for any reason, including but not limited to, security concerns, regulatory changes, or technical issues.
- Grasshopper Bank may update these terms and conditions at any time. Your continued participation after any such updates constitutes your acceptance of the revised terms.
6. Limitation of Liability:
To the fullest extent permitted by law, Grasshopper Bank and its affiliates, directors, officers, employees, and agents shall not be liable for any direct, indirect, incidental, special, consequential, or punitive damages, including but not limited to, loss of profits, data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the Beta Program; (ii) any conduct or content of any third party (including LLM providers); (iii) any content obtained from the Beta Program; and (iv) unauthorized access, use, or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence), or any other legal theory, whether or not we have been informed of the possibility of such damage.
7. Indemnification:
You agree to defend, indemnify, and hold harmless Grasshopper Bank and its affiliates, directors, officers, employees, and agents from and against any and all claims, damages, obligations, losses, liabilities, costs or debt, and expenses (including but not limited to attorney’s fees), arising from or in connection with: (i) your use of and access to the Beta Program, including any data accessed or decisions made based on information from Your AI Agent; (ii) your breach of these Terms; (iii) your violation of any third-party right, including without limitation any intellectual property, property, or privacy right; or (iv) any claim that Your AI Agent caused damage to a third party.
Client Acknowledgment and Agreement
I have read and understand the Grasshopper Bank AI Agent Data Access Beta Program: Client Opt-In Disclosure and Agreement. I understand the experimental nature of this Beta Program and the risks involved, including those related to AI hallucinations, incorrect advice, and data security. I agree to use this feature at my own risk and accept all responsibilities outlined above.