{"id":570743,"date":"2025-11-05T07:16:01","date_gmt":"2025-11-05T06:16:01","guid":{"rendered":"https:\/\/ibsintelligence.com\/?post_type=ibsi_news&p=570743"},"modified":"2025-11-05T07:16:01","modified_gmt":"2025-11-05T06:16:01","slug":"banks-bet-big-on-ai-to-fight-financial-crime-reaping-millions-in-savings","status":"publish","type":"ibsi_news","link":"https:\/\/ibsintelligence.com\/ibsi-news\/banks-bet-big-on-ai-to-fight-financial-crime-reaping-millions-in-savings\/","title":{"rendered":"Banks bet big on AI to fight financial crime, reaping millions in savings"},"content":{"rendered":"

\"AIBanks Accelerate AI Adoption, Realising Millions in Savings as Agentic and Generative AI Shape the Future of Financial Crime Compliance<\/strong><\/p>\n

Banks globally are realising measurable impact from artificial intelligence (AI) across financial crime and compliance (FCC) programs \u2014 from immediate cost savings to transformative efficiency gains \u2014 according to new research from\u00a0Hawk<\/a><\/u><\/strong>, the leading provider of AI-powered fraud prevention, anti-money laundering (AML), and screening solutions, in partnership with\u00a0Chartis Research<\/a><\/u><\/strong>.<\/p>\n

The new report,\u00a0AI in Financial Crime and Compliance: Charting the Path from Pilot to Maturity (Banking Edition)<\/em>, highlights how financial institutions are moving beyond experimentation to full-scale execution. As next-generation technologies such as\u00a0agentic AI\u00a0and\u00a0generative AI (Gen AI)\u00a0advance, banks are already seeing results:\u00a071%\u00a0report measurable cost savings,\u00a057%\u00a0report improved detection accuracy, and\u00a053%\u00a0expect annual savings exceeding\u00a0$5 million\u00a0within two years of adoption. These findings underscore how banks are embracing AI not just for innovation\u2019s sake but as a proven driver of efficiency, accuracy, and regulatory readiness.<\/p>\n

Tobias Schweiger<\/strong>, CEO of Hawk<\/strong>, said: \u201cThis research confirms that the banking sector is at a pivotal moment with AI. The realised value is proving to be significant,\u00a0and now the challenge is\u00a0scaling that value with a holistic application of different AI technologies. Balancing the strengths of machine learning, GenAI, and Agentic AI for different uses \u2014\u00a0from high-volume data processing to complex investigations \u2014\u00a0is key to sustaining momentum and keeping AI costs under control.\u201d\u00a0The research shows that realised AI benefits often exceed early expectations. While most banks initially prioritised risk coverage and scalability, institutions now cite improvements in investigative quality, decision support, and operational throughput as top outcomes.<\/p>\n

Agentic and generative AI are poised to redefine compliance agility. Gen AI is already delivering value in\u00a0data and document processing, investigative guidance,<\/strong>\u00a0and\u00a0model development<\/strong>, while agentic AI is beginning to transform how teams\u00a0conduct investigations, draft SAR narratives,<\/strong>\u00a0and\u00a0synthesise contextual intelligence<\/strong>. Together, they represent the next major leap in augmenting human decision-making and enhancing the explainability of complex compliance processes.<\/p>\n

Sean O\u2019Malley<\/strong>, Research Director at Chartis\u00a0Research,<\/strong> added: \u201cBanks aren\u2019t\u00a0asking if AI works anymore. Instead, they\u2019re\u00a0focusing on how to scale it. With regulators becoming more open and the benefits increasingly tangible, we predict that 2026 will mark a decisive acceleration in AI maturity across financial crime and compliance.\u201d\u00a0This accelerating momentum signals a maturing approach to AI strategy \u2014 one focused on embedding explainable, scalable, and responsible intelligence at the core of compliance operations.<\/p>\n

Key findings:<\/h4>\n
    \n
  • Around 62%<\/strong>\u00a0of banks plan further AI adoption in FCC within the next 12 months.<\/li>\n
  • Over 86%<\/strong>\u00a0see machine learning as having the greatest impact, followed by\u00a0Gen AI (83%)<\/strong>\u00a0and\u00a0Agentic\/NLP applications (76%)<\/strong>.<\/li>\n
  • About 82%<\/strong>\u00a0expect overall AI investment to rise by more than 25% in the next year.<\/li>\n
  • Over half (60%<\/strong>) believe regulators will become increasingly supportive of AI adoption by 2028.<\/li>\n<\/ul>\n","protected":false},"author":35621,"featured_media":567768,"parent":0,"template":"","categories":[11395],"tags":[12663,13385,11409,12352,50508,21391,40090,15649],"class_list":["post-570743","ibsi_news","type-ibsi_news","status-publish","has-post-thumbnail","hentry","category-analytics","tag-ai","tag-bank-data","tag-digital-transformation","tag-financial-crime","tag-financial-crime-and-compliance","tag-fintech-news","tag-genai","tag-hawk"],"acf":[],"yoast_head":"\nBanks bet big on AI to fight financial crime, reaping millions in savings<\/title>\n<meta name=\"description\" content=\"Banks globally are realising measurable impact from artificial intelligence (AI) across financial crime and compliance (FCC) programs \u2014\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ibsintelligence.com\/ibsi-news\/banks-bet-big-on-ai-to-fight-financial-crime-reaping-millions-in-savings\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banks bet big on AI to fight financial crime, reaping millions in savings\" \/>\n<meta property=\"og:description\" content=\"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. 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