The February 2025 report highlights that AML executives face mounting pressure to manage complex programs with limited resources while adapting to evolving financial crime risks. Key challenges include Know Your Customer, customer due diligence, and fragmented data systems, all cited by 48% of respondents. Despite budget constraints, 74% plan to increase tech spending, prioritizing functionality over cost. Convergence of fraud and AML functions is accelerating, with 60% already using shared case management tools. AI adoption is also rising, with over half planning to implement GenAI, risk-scoring tools, and transaction monitoring enhancements.

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