Rhinebeck Bank Partners with MANTL to Accelerate Digital Account Opening

Rhea-AI Summary

Rhinebeck Bank (ALKT) partnered with MANTL, an Alkami solution team, to modernize business and retail account opening across physical and digital channels.

The implementation of MANTL's omnichannel deposit origination platform aims to streamline onboarding, automate KYC/AML/BSA checks, and expand Rhinebeck Bank's digital reach for faster, secure account opening.

News Market Reaction – RBKB

+0.85%

+0.85% Session close to close

In the Mar 26 session, RBKB gained 0.85%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights RBKB’s push to modernize account opening through an omnichannel digital...

Analysis

This announcement highlights RBKB’s push to modernize account opening through an omnichannel digital platform, aiming to reduce friction and automate KYC, AML, and BSA checks. It complements recent milestones including improved profitability and the planned second-step conversion. Investors may watch for concrete metrics such as digital account growth, onboarding times, and cost savings over coming quarters, as well as how these technology investments integrate with the broader reorganization and capital-raising efforts disclosed in recent SEC filings.

Historical Context

4 past events · Latest: Feb 10 (Positive)

Pattern 4 events

Date	Event	Sentiment	24h Move	Catalyst
Feb 10	Conversion plan announced	Positive	+23.8%	Announced Plan of Conversion and Reorganization for second-step conversion.
Jan 29	Earnings release	Positive	-2.2%	Reported return to profitability in 2025 after prior-year net loss.
Dec 19	Board change	Neutral	-2.2%	Announced retirement of long-serving director from Board of Directors.
Oct 28	Quarterly earnings	Positive	+4.4%	Reported strong Q3 2025 earnings turnaround with higher net interest income.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

RBKB has shown strong positive reactions to structural and capital actions, while earnings improvements have produced mixed price responses.

Recent Company History

Over the last several months, RBKB has reported a notable turnaround in profitability, with Q3 and full-year 2025 results highlighting improved margins, deposit growth, and better asset quality. A Feb 10, 2026 announcement of a second-step conversion and related reorganization drew a strong +23.81% reaction, underscoring market focus on capital structure. Earlier earnings in Oct 2025 saw a more modest +4.37% move, while some positive financial updates and board changes were followed by small declines. Today’s partnership fits into this ongoing operational and strategic modernization narrative.

Key Terms

Know Your Customer (KYC), Anti-Money Laundering (AML), Bank Secrecy Act (BSA), omnichannel

4 terms

Know Your Customer (KYC) regulatory

"automate a significant number of application decisions — including Know Your Customer (KYC), Anti-Money Laundering (AML)"

"Know your customer (KYC)" is the process financial institutions use to verify the identity of their clients before providing services. It helps prevent illegal activities like fraud or money laundering by ensuring the person they are dealing with is genuine. For investors, KYC offers reassurance that their transactions are protected and conducted with trustworthy parties.

Anti-Money Laundering (AML) regulatory

"including Know Your Customer (KYC), Anti-Money Laundering (AML), Bank Secrecy Act (BSA) checks"

Anti-money laundering (AML) is the set of laws, checks and internal controls that financial firms and other regulated businesses use to detect and stop criminals from disguising illegal money as legitimate. Like locks and ID checks at an airport, AML systems track where money comes from and who is using it to reduce fraud, corruption and financing of crime. For investors, strong AML compliance lowers the risk of heavy fines, operational disruption and reputational damage that can hurt a company’s value.

Bank Secrecy Act (BSA) regulatory

"Anti-Money Laundering (AML), Bank Secrecy Act (BSA) checks, product and service ordering"

A law that requires banks and other financial firms to keep records, check identities and report suspicious transactions to help prevent money laundering, fraud and financing of crime. For investors it matters because firms that break these rules can face large fines, restricted operations and damaged reputations—similar to a business losing its driver’s license—so compliance affects a company’s risk profile and long‑term value.

omnichannel technical

"By implementing MANTL's omnichannel deposit origination Platform, Rhinebeck Bank will streamline onboarding"

A coordinated approach to selling and serving customers across all touchpoints—stores, websites, mobile apps, social media, and call centers—so the experience feels like one continuous conversation no matter where a customer interacts. For investors, omnichannel capability signals how well a company can attract and keep customers, turn interactions into sales, and use shared customer data to cut costs and boost revenue—making it a key driver of growth and competitive strength.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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The collaboration enhances business and retail account opening at Rhinebeck Bank, creating a seamless experience across every channel

PLANO, Texas, March 26, 2026 /PRNewswire/ -- MANTL, an Alkami solution team and leading provider of loan and deposit account opening technology, today announced a partnership with Rhinebeck Bank to modernize and transform business and retail account opening across physical and digital banking channels. With MANTL, Rhinebeck Bank will reduce friction, expand its digital reach, and better serve a broader range of businesses and consumers through a secure, seamless experience designed for today's digital-first customers.

By implementing MANTL's omnichannel deposit origination Platform, Rhinebeck Bank will streamline onboarding for new and existing customers, enabling businesses and consumers to open accounts anytime, anywhere. The bank will first enhance its digital channels, empowering new business and retail customers to quickly and securely open deposit accounts online.

"Partnering with MANTL reinforces our commitment to providing exceptional banking experiences across every channel," said Matthew Smith, president and chief executive officer of Rhinebeck Bank. "As customer expectations continue to evolve, this collaboration allows us to offer a faster, smarter, and more convenient digital onboarding process without compromising the personal touch and community focus our customers rely on. MANTL's technology positions Rhinebeck Bank for the future while ensuring we continue to build strong relationships with the people and businesses we serve."

The partnership supports Rhinebeck Bank's broader digital transformation strategy, centered on accessibility, operational efficiency, and sustainable growth. Through MANTL's Onboarding & Account Opening Solution, the bank will be able to automate a significant number of application decisions — including Know Your Customer (KYC), Anti-Money Laundering (AML), Bank Secrecy Act (BSA) checks, product and service ordering, funding, and core booking, significantly reducing manual processes while accelerating account growth.

"We're excited to partner with Rhinebeck Bank, a financial institution that truly values innovation and customer service," said Benjamin Conant, chief product officer, Alkami and co-founder, MANTL. "Our Onboarding & Account Opening Solution is built to help community banks compete and thrive in an increasingly digital marketplace, and we look forward to supporting Rhinebeck Bank as they enhance the customer journey from day one."

To learn how MANTL can transform your account opening process and empower your team, or to schedule a demo, visit here.

To learn more about Anticipatory Banking and the Alkami Digital Sales & Service Platform, visit here.

About MANTL
MANTL is an Alkami solution team that offers unified account origination technology, empowering banks and credit unions to open loan and deposit accounts seamlessly on any banking channel in real time. MANTL Deposit Origination is among the fastest and most performant solutions on the market; consumers can open a new deposit account in under five minutes, businesses can open a new deposit account in under ten minutes, and MANTL customers raise billions in core deposits. MANTL Loan Origination simplifies each step in the loan process, ensuring an intuitive, feature-rich experience from personal loans to business financing. Founded in 2016, MANTL was acquired in March 2025 by Alkami Technology, Inc. (Nasdaq: ALKT), a digital sales and service platform provider for financial institutions in the U.S. For more information, visit mantl.com or follow MANTL on LinkedIn.

About Rhinebeck Bank
Rhinebeck Bancorp (Nasdaq: RBKB) is the bank holding company for Rhinebeck Bank, a New York-chartered stock savings bank headquartered in Poughkeepsie, New York. The Bank conducts its business from 13 full-service banking offices and two representative offices located in New York's Albany, Dutchess, Orange and Ulster Counties. For more than 160 years, Rhinebeck Bank has been an integral part of the area's economic growth and a driving force for commerce along the Hudson River. Rhinebeck Bank takes pride in being personally involved in local businesses, communities, and charitable organizations. Its ability to be responsive to the needs of customers and community has led its continued growth. For more information about Rhinebeck Bank or any of its products or services, please visit: Rhinebeckbank.com

Media Relations Contacts
Vested
alkami@fullyvested.com

Marla Pieton
marla.pieton@alkami.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/rhinebeck-bank-partners-with-mantl-to-accelerate-digital-account-opening-302725209.html

SOURCE Alkami Technology, Inc.

FAQ

What did Rhinebeck Bank (ALKT) announce on March 26, 2026 about digital account opening?

They announced a partnership with MANTL to modernize account opening across channels. According to the company, MANTL's platform will streamline onboarding and expand digital reach for both business and retail customers.

How will MANTL's platform change Rhinebeck Bank (ALKT) customer onboarding?

It will streamline and automate onboarding decisions to reduce manual steps. According to the company, automation covers KYC, AML, BSA checks, product ordering, funding, and core booking to accelerate account openings.

Will the Rhinebeck Bank (ALKT) partnership with MANTL affect in-branch account opening?

Yes, it supports omnichannel account opening to preserve in-branch experiences. According to the company, the solution aims to deliver a seamless experience across physical and digital channels while retaining personal service.

What customer benefits did Rhinebeck Bank (ALKT) cite from working with MANTL?

Faster, more convenient, and secure account opening for businesses and consumers. According to the company, the collaboration targets reduced friction, expanded digital reach, and improved onboarding anytime, anywhere.

How can investors or customers learn more about Rhinebeck Bank (ALKT) and MANTL's solution?

They can request a demo or visit online resources for Anticipatory Banking and Alkami's platform. According to the company, demo scheduling and product information are available via the provided links.