FIS and Anthropic launch AI to fight money laundering in banking
FIS has teamed up with Anthropic to launch AI-powered tools for banks. The new system aims to speed up anti-money laundering checks and cut compliance costs. Two North American lenders will be the first to test the technology in action. The partnership focuses on automating key financial crime investigations. The first product, called the Financial Crimes AI Agent, reduces the time needed to review suspicious transactions. It gathers evidence automatically, compares account activity against known money laundering patterns, and highlights high-risk cases for further review.
Anthropic’s Claude models handle the reasoning, while client data stays securely within FIS infrastructure. Engineers from both companies are now refining the agent and training FIS teams to use it. Jonathan Pelosi, Head of Financial Services at Anthropic, pointed out that FIS brings essential regulatory expertise and transaction data to make the system practical. BMO and Amalgamated Bank will deploy the technology first. Stephanie Ferris, CEO of FIS, noted that banks need AI that takes direct action, not just provides advice. The tools are set for wider release in the second half of 2026.
The new AI agent is designed to streamline anti-money laundering work and lower operational expenses. With initial testing underway at two major banks, broader adoption is planned for late 2026. The system’s ability to process evidence and flag risks could change how financial institutions handle compliance.
