FIs are still adapting to the evolving post-pandemic environment. FIs must continue to evolve their AML programs to address an ever-increasing digital world where regulations are changing, the speed of money movement takes a fraction of a second, and customer experience is a top priority. All of this must occur with smaller budgets and heightened employee expectations to perform meaningful work that provides a work/life balance.

This report examines the current AML ecosystem and the key trends impacting FIs, AML compliance functions, and planned strategies and spending. It is based on a Datos Insights survey of 20 financial crime professionals, including those who attended Datos Insights’ sixth annual Financial Crime Forum in September and October 2023.

Clients of Datos Insights’ Fraud & AML service can download this report.