FinCEN’s New AML/CFT Program Rules Underscore Financial Institutions’ Need to Use AI

On April 7th, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a Notice of Proposed Rulemaking (NPRM) intended to fundamentally reform financial institutions’ (FIs) anti-money laundering and countering the financing of terrorism (AML/CFT) programs. This is a big deal—not just because it’s been 25 years since the last notable changes—but also […] Visit WorkFusion .