- In April 2023, NICE Actimize launched SAM-10, an AI-based transaction monitoring solution featuring multilayered analytics to enhance the detection of suspicious activities and reduce false positives, improving compliance efficiency for financial institutions worldwide.
- In January 2024, FICO introduced an enhanced AML solution with advanced machine-learning algorithms designed to improve anomaly detection, addressing the growing complexity of financial crimes in digital banking and cryptocurrency transactions.
- In February 2023, NICE Actimize announced a strategic partnership with Microsoft to integrate its AML solutions with Microsoft Azure, providing financial institutions with a robust cloud-based environment for enhanced compliance, scalability, and risk management.
- In October 2023, WorkFusion launched Isaac, an AI-driven solution designed to automate first-level alert reviews for AML transaction monitoring, escalating high-risk cases and closing non-suspicious alerts with comprehensive supporting documentation, reducing manual workloads.
- In May 2025, Azentio Software unveiled Amlock, a next-generation AML platform with advanced AI capabilities to combat financial crime in the banking, financial services, and insurance (BFSI) sector, enhancing real-time monitoring, KYC processes, and sanctions screening.
