Griffin unveils MCP Server to boost AI agents in banking
Griffin has announced the launch of its MCP Server, designed to enable AI agent interactions directly within the banking system.
The new platform allows agents to open accounts, make payments, and analyse transactions while maintaining necessary banking safeguards, as part of the bank's approach to preparing for an AI-centred financial services landscape.
In a statement, Griffin said, "We are in the early days of a massive technological platform shift, with people delegating more and more of their work to AI."
The bank highlighted that existing proofs-of-concept allowing AI agents to conduct financial transactions have so far been limited in scope. These early cases have typically involved actions such as "getting an agent to buy a cup of coffee." Griffin believes there is significant potential for further development in this area.
The company questioned the current state of financial services, raising issues around why AI cannot act as a wealth manager or handle routine payment administration on behalf of individuals and businesses. Griffin stated, "Why shouldn't you be able to have AI serve as a complete, end-to-end wealth manager for you? Why shouldn't you be able to have AI handle all of the boring payment admin that people and companies end up needing to deal with? Why shouldn't you be able not only to have the above, but to BUILD YOUR OWN, totally personalised, agent to handle money in whatever way is most relevant and appropriate for you?"
According to Griffin, most existing banks and financial services providers are not structured to support such agentic capabilities, partly due to security constraints and terms of service limitations. The statement elaborated, "An immediate answer to the above is that short of giving AI access to all the passwords to all of your accounts and letting it scrape websites and pretend to be you, all the banks and other financial services providers just aren't built to handle this. It might even break their terms of service!"
Griffin aims to distinguish itself from traditional banks in this area. The company stated directly, "Not us."
Describing the MCP Server as "a new way for you to build agentic applications directly on the banking system," Griffin confirmed that agent access is currently limited to a sandbox environment, with the possibility of production deployment upon request.
The bank remarked, "Today, we're opening up access to the Griffin MCP Server—a new way for you to build agentic applications directly on the banking system."
It added, "This is early for us (we're in beta), but it shows the power of what's possible—you can use the Griffin MCP server to have an agent open accounts, make payments, and analyse historic events. You can also use it to build complete prototypes of your own fintech applications on top of the Griffin API—which we're already seeing customers doing in real time."
Griffin is currently inviting interested businesses and developers to engage with the platform in its sandbox environment, noting, "For now, agent access is limited to our sandbox environment—come and talk to us if you'd like to get it deployed in a production setting."
