FinTech
FIS, Anthropic to use AI to cut AML investigations from hours to minutes
Financial technology company FIS is developing a financial crime AI agent with Anthropic to cut anti-money laundering investigation times from hours to minutes. The agent is designed to automatically gather evidence across banks\' core systems, match transactions against known patterns and prioritise high-risk cases for investigators. Bank of Montreal and Amalgamated Bank are early adopters, with broader rollout planned for the second half of 2026.