Financial institutions are spending more than ever on financial crime compliance, yet results aren’t keeping pace. As illicit activity scales and regulatory scrutiny intensifies, many banks are still struggling with high false positive rates, slow investigations, and limited impact from AI initiatives. The challenge isn’t investment, it’s how compliance systems are designed, deployed, and governed.

This report explores why most AI strategies in FCC stall before delivering value, and how leading banks are taking a different approach by redesigning workflows, embedding governance from the start, and shifting from automation to AI-led decisioning to achieve faster, more consistent, and more defensible outcomes.

Key Insights Inside:

• Why rising compliance spend isn’t improving detection

• Where most AI initiatives fail to deliver value

• The core barriers to scaling AI in FCC

• Why automation alone no longer works

• How leading banks are redesigning workflows for impact