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What Top Banks Have Learned After Decades of Fighting False Positives

For most large banks, sanctions screening works exactly as designed. That’s the problem. Every day, screening systems generate alerts on customers, counterparties, payments, and transactions that might represent sanctions risk. The systems are intentionally calibrated to cast a wide net. Missing a true match is unacceptable. The result is predictable:

The Workforce Rewrite: How AI Is Reshaping the Future of Financial Crime Compliance Work

Financial crime compliance (FCC) is in the middle of a generational shift — one unlike anything the industry has experienced since the post‑9/11 regulatory overhaul. But this time, the catalyst isn’t regulation. It’s the structural mismatch between decades‑old, labor‑scaled operating models and the real‑time, high‑velocity financial system they’re expected to

FinCEN’s New AML/CFT Program Rules Underscore Financial Institutions’ Need to Use AI

On April 7th, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a Notice of Proposed Rulemaking (NPRM) intended to fundamentally reform financial institutions’ (FIs) anti-money laundering and countering the financing of terrorism (AML/CFT) programs. This is a big deal—not just because it’s been 25 years since

Financial Crime Developments, Resources and Stories: March 2026 Edition

Welcome to the March 2026 summary of news you can use as your bank or other financial institution attempts to stay up to date on the world of BSA/AML compliance. Our monthly series of curated news about FinCrime regulatory developments, resources, and stories. In this edition, two main stories emerge:

AI Agents: Driving Costs Out Of AML Operations

AI Agents have been helping large and midsized banks and other financial institutions, or FIs (I.e. FinTechs, payment providers, etc.) to drive cost out of their AML operations for several years. This post discusses the three most salient areas where AI Agents have been making the biggest impact: Transaction monitoring

Financial Crime Compliance Operations: The Great Showcase of AI Agent Success

While so many industries are hyping their use of AI Agents, the Banking and Financial Services Industry has risen to the top as a primary proving ground—and showcase—of AI agents delivering on the promises of AI. This is due to several years of WorkFusion AI agents providing measurable impact on financial crime compliance (FCC) operations. Here are just a

Financial Crime Developments, Resources and Stories: February 2026 Edition

Welcome to the February 2026 summary of news you can use as your bank or other financial institution attempts to stay up to date on the world of BSA/AML compliance. Our monthly series of curated news about FinCrime regulatory developments, resources, and stories. In this edition, three main stories emerge:

Fraud Alert Reviews Just Got a Whole Lot Faster and Easier for Financial Institutions

Banks and other financial institutions (FIs) have been on high alert as they try to protect against losses brought on by AI-enabled fraudsters. Whether it’s account takeovers, check fraud, identity fraud, crypto scams, etc., FIs recognize their need to fight fire with fire and arm themselves with equally sophisticated AI-based tools that can

How Multiple UK Agencies Are Vigorously Enforcing the ECCTA in 2026

Whether it is enforcement actions taken by HMRC, Companies House, the Insolvency Service, or the SFO—or all of them combined—compliance teams within UK banks and other large financial institutions (FIs) should take heed. These agencies are taking concrete actions to apply pragmatic enforcement of the UK Economic Crime and Corporate

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