The debate over whether financial institutions (FIs) should pursue advanced technologies—including intelligent automation, artificial intelligence and machine learning—to drive sanctions compliance has shifted from “if” to “when, how and to what scale?” These technologies redefine what is possible in sanctions compliance by helping implement...

Any anti-money laundering (AML) program has multiple key processes, such as alert review, suspicious activity report filing and sanctions screening. AML programs are constantly being pushed to create efficiencies and lower costs. Much time and effort has been devoted to tools such as robotic...