Banking & Neobanks

Scalable Capital, a Munich-based broker with over 1 million clients and €60 billion in assets under management, on August 25, 2026 opened its platform to ChatGPT, Claude and Grok via Anthropic's Model Context Protocol. The AI agents can draft trades and savings plans; execution still requires a human's manual, two-factor-authenticated approval — not autonomous trading.

NatWest has widened its partnership with small-business network Enterprise Nation to expand the free NatWest Accelerator programme, targeting 50,000 members across the UK in 2026 — a five-fold jump from its 2025 goal. NatWest says it signed up roughly 12,000 members last year, beating a 10,000-member target, per a 6 February 2026 NatWest Group release.

Abu Dhabi Islamic Bank has appointed Pedro Uria-Recio, formerly CIMB Bank's chief data and AI officer, as its first chief AI officer, ADIB confirmed this week. He will build AI governance and infrastructure under the bank's Vision 2035 plan, covering a lender that serves 2.7 million customers and routes 94% of transactions digitally.

Incore Bank, a Zurich-based wholesale bank serving other financial institutions, ran a proof of concept with Kyndryl and Google Cloud using Gemini-powered AI agents to automate KYC onboarding — reportedly hitting 99% accuracy extracting document data and cutting onboarding from months to days, though that figure measures document reading, not the underlying risk decision.