Press Release FeedGet the RSS feed
Menu

Business Wire

Ninth Wave Introduces Agentic Control Layer™ to Govern AI Access to Financial Account Data

Business Wire

New Model Context Protocol (MCP) server will connect approved AI agents with customer-permissioned financial data under institution-defined controls. Ninth Wave invites banks and credit unions to participate in a read-only pilot program.

NEW YORK, October 21, 2026--Ninth Wave, the open finance platform that connects financial institutions with the applications their customers use, today introduced the Ninth Wave Agentic Control Layer, a framework for governing AI access to financial account data, and announced early-access availability of an MCP server as an access channel within that framework.

"Banks need a practical way to let AI serve their customers while keeping control over access to financial information," said George Anderson, Founder and CEO of Ninth Wave. "The questions are straightforward: Who does the agent represent? What is it allowed to see? Does that permission still apply? Our Agentic Control Layer is designed to make those checks part of how financial data is accessed.

Designed for financial institutions of all sizes, the framework will support AI assistants that help customers understand spending, forecast cash flow, and check balances through permissioned API access.

AI agents are moving beyond answering questions to performing tasks on behalf of consumers and businesses. Financial institutions need visibility into those agents and control over the data they can access. The Agentic Control Layer gives institutions a governed access path for approved agents.

HOW IT WORKS

  • Know your agent. Every agent is tied to a registered, accountable operator before it can connect.

  • Consent on every request. The customer approves which accounts and data an agent may use, for what purpose and for how long. That consent is checked on each call, not once per session, and revocation takes effect on the next request.

  • Scoped tasks. Each job an agent performs is limited to consented accounts, data scopes, date ranges, and task limits.

  • Minimum data. Only the fields a task needs are returned, with account numbers masked before any information reaches the AI model.

  • Stop anytime. Institutions and Ninth Wave can pause an agent, an operator, or a capability.

  • Full audit. Every approved and denied request is logged for review in Ninth Wave's Open Finance Console.

The first release is read-only, supporting account lists and balances, transaction history within defined date ranges, and account-holder verification. Money movement capabilities are on the roadmap. Institutions keep their own authentication, policies and execution controls; the Agentic Control Layer can narrow access but never widen it.

  1. AutomotiveTwo HGrégoire Dealerships Named Among Canada's Best Dealerships to Work For in 2026Sébastien Fortin (seated on the right), General Manager of HGrégoire Hyundai Vaudreuil, joined by his team, celebrates the dealership's recognition as one of Automotive News Canada's 45 Best Dealerships to Work For in 2026. HGrégoire Nissan Vimont and HGrégoire Hyundai Vaudreuil among just 45 dealerships recognized nation
  2. FinanceKlarna Group PlcKlarna Launches Consumer FX: Shop From Klarna Merchants Worldwide, Regardless of CurrencyNEW YORK, October 21, 2026--Klarna Group Plc (NYSE: KLAR), the everyday finance network, today launched Consumer FX, which allows shoppers to buy from any participating Klarna merchant in the world and pay in their own currency, with no exchange fee. The price and rate are shown upfront and stay visibl
  3. Form 8.3 Bodycote plcLONDON, October 21, 2026--FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the "Code") 1. KEY INFORMATION (a) Full name of discloser: NATIXIS SA (b) Owner or controller of interests a
  4. FinanceThe Presidio Group LLCThe Presidio Group Exclusively Advised Asbury Automotive Group on the Sale of Kia of Owings Mills to Stivers Automotive GroupCompanies: Asbury Automotive GroupKiaOWINGS MILLS, Md., October 21, 2026--The Presidio Group LLC ("Presidio"), an independent merchant banking firm focused on mergers and acquisitions, capital raising and investments in the automotive retail and consumer mobility sectors, exclusively advised Asbury Automotive Group Inc. ("Asbury") (NYSE:
  5. KBRA Releases ABS East 2026 Conference RecapNEW YORK, October 21, 2026--KBRA releases its recap of the ABS East 2026 Conference, held on October 18-21 at the Fontainebleau Miami Beach. Hosted by FT Live and the Fixed Income Investor Network (FIIN), the 32nd annual conference was described by organizers as the largest ABS East to date, with recor
  6. HeartBeam, Inc.HEADSTART-ACS Completes Enrollment Ahead of Schedule, the Largest Heart Attack Detection Study to Date Using HeartBeam TechnologyHEADSTART-ACS study conducted in collaboration with Indonesia's National Cardiovascular Center in world's fourth most populous country, representing strategically significant market of 288 million people Data analysis is underway, with results anticipated for presentation at a cardiology conference in 2027 With the HEADST