- FIS Brings Agentic AI to Banking with Anthropic, Starting with Financial Crimes
May 4, 2026
This marks an important step in purpose-building AI agents for regulated industries — with the Financial Crimes AI Agent, compressing AML investigations from hours to minutes and establishing a replicable model for AI deployment across financial institutions worldwide.
Key Facts
Anthropic's Applied AI team and forward deployed engineers (FDEs) are embedded with FIS to co-design the Financial Crimes AI Agent, combining Claude's reasoning with FIS's banking data and regulatory infrastructure — and establishing the evaluation frameworks and knowledge transfer that will power FIS's broader agent roadmap. The Financial Crimes AI Agent will compress Anti-Money Laundering (AML) alert and case investigations from days to minutes, reduce false positives and enhance investigative and Suspicious Activity Reports (SAR) narrative quality. BMO and Amalgamated Bank are in development with the agent; general availability planned for H2 2026. FIS is building an agent-first governed environment where client data stays within FIS-controlled infrastructure and every agent decision is traceable and auditable. The roadmap ahead spans credit decisioning, deposit retention, customer onboarding, and fraud prevention.
JACKSONVILLE, Fla., May 04, 2026--(BUSINESS WIRE)--FIS® (NYSE: FIS), the financial technology company powering nearly 12% of the global economy, today announced that it is working with Anthropic to bring agentic AI to banking, beginning with the Financial Crimes AI Agent. The agent will compress anti-money-laundering investigations from hours to minutes, automatically assembling evidence across a bank's core systems, evaluating activity against known typologies, and surfacing the highest-risk cases for investigator review. BMO and Amalgamated Bank will be among the first institutions to deploy the agent, with broader availability planned for H2 2026. Anthropic's Applied AI team and forward-deployed engineers (FDEs) are embedded with FIS to co-design the Financial Crimes AI Agent and transfer knowledge so FIS can build and scale additional agents independently over time.
This is a strategic initiative, informed by client need, with a clear view toward where banking is headed and a commitment to get there safely and at scale. FIS is combining its decades of proprietary financial data and infrastructure representing billions of transactions, deep regulatory expertise, and the compliance and fraud systems that underpin the global financial system with Anthropic’s frontier AI reasoning, to create a single platform.
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"Every bank in the world wants AI that acts, not just assists. The future is about a trusted provider who manages the data, who governs the agents, and who stands between your customers and the AI making decisions about their money. FIS built the architecture that orchestrates this intelligence. Anthropic is a leadingAI provider, Claude is the reasoning engine inside, and the Financial Crimes AI Agent is the first proof of what this architecture can deliver for financial institutions that are ready to become the agent-first bank of the future. It’s a new era in banking."
— Stephanie Ferris, CEO and President, FIS
"FIS brings decades of trusted relationships with financial institutions, deep regulatory knowledge, and the transaction data that makes an AI agent useful in practice. That's why FIS chose Claude, they needed a model that could reason through complex investigations accurately, explain its work, and operate safely inside regulated workflows. We embedded our Applied AI team inside FIS to build the Financial Crimes AI Agent together, so every conclusion the agent reaches links back to its source data, and every decision stays with the investigator."
— Jonathan Pelosi, Head of Financial Services, Anthropic
A New Kind of Strategy
FIS is operating as the foundation, which includes the data platform, the governance layer, the deployment infrastructure, and the client relationships. Through FIS’s data and AI platform — client data will remain within FIS-controlled infrastructure at all times. Anthropic’s Claude models are powering the reasoning capabilities across the strategy. Anthropic’s Applied AI and forward-deployed engineers are co-designing the inaugural Financial Crimes AI agent, while FIS’s product and compliance teams will build additional agents purpose-built for bank-grade operations. This architecture leverages FIS’s Orchestrated Intelligence to deliver AI enterprise-scale outcomes when the data, infrastructure, and governance underneath it are unified.
Why We Started with Financial Crimes
The UN estimates that $2 trillion in illicit funds flows through the global financial system every year. U.S. financial institutions alone spend $35–40 billion annually on AML operations, yet investigators spend the majority of their time manually assembling evidence across disconnected systems before any analysis can begin. Emerging U.S. regulation is now pushing institutions to move beyond this model, shifting resources toward the highest-risk threats.
The Financial Crimes AI Agent will change that. At case open, the agent will assemble the complete evidence package across a bank’s core systems automatically via secure connections, whether FIS-run or bank-owned, and evaluate activity against known typologies. Investigators will remain in control of every decision, freed to direct their expertise toward the cases that matter most.
The agent will be evaluated on:
Reducing cost per case, by eliminating the manual evidence gathering that consumes the majority of investigator time today. Reducing low-value manual work, ensuring investigators spend their time on critical decisions. Cutting case review time, freeing investigators to direct their expertise toward the cases that matter most.
BMO and Amalgamated Bank will be among the first in development, with broader availability to FIS financial institution clients planned for H2 2026.
The Data Foundation That Makes This Work
For most institutions, financial crime data sits locked in disconnected systems, impossible to act on at the speed investigations demand. FIS sits at the center of it. As the system of record for transactions, payments, deposits, credit and customer activity, FIS unifies a bank’s data into a single, governed environment delivering the analytics and AI capabilities that would otherwise require years and significant investment to build independently.
FIS serves as the system of record for transactions, payments, deposits, credit, and customer activity across thousands of financial institutions — giving the Financial Crimes AI Agent native access to the data investigators need without new integrations or outside vendor exposure. For institutions running non-FIS core systems, the agent connects via open integration standards. In all cases, the governance, evaluation, and audit layer remains within FIS-controlled infrastructure, so regardless of where the source data lives, every agent conclusion is traceable and every decision is recorded within the platform clients already trust.
A Growing Agent Roadmap
Financial crimes is the first proof point. FIS is building a roadmap of curated agents on the same platform, each purpose-built for a specific banking pain point, each drawing on FIS's unified data and regulatory infrastructure, each powered by Claude.
The roadmap ahead spans credit decisioning, deposit retention, customer onboarding, and fraud prevention, which will be available to FIS financial institution clients through a single, governed platform.
About FIS
FIS is a financial technology company providing solutions to financial institutions and businesses globally. We unlock financial technology to the world across the money lifecycle underpinning the world’s financial system. Our people are dedicated to advancing the way the world pays, banks and invests, by helping our clients to confidently run, grow, and protect their businesses. Headquartered in Jacksonville, Florida, FIS is a member of the Fortune 500® and the Standard & Poor’s 500® Index. To learn more, visit FISglobal.com.
About Anthropic
Anthropic is an AI safety company working to build reliable, interpretable, and steerable AI systems. Claude is Anthropic’s frontier AI model, designed for safety and performance across a wide range of enterprise applications. Anthropic’s forward-deployed engineering program works with a select group of enterprise organizations to co-build production-ready AI agents in their highest-value domains. To learn more, visit anthropic.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260504126906/en/
Contacts
Media Contacts
Ellyn Raftery | FIS Chief Marketing and Communications Officer | 904.525.9942 | Ellyn.Raftery@fisglobal.com
Nicole Alley | FIS Global Marketing and Communications | 904.438.6278 | Nicole.Alley@fisglobal.com
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- Anthropic and FIS partner to deploy AI agents for bank fraud detection - WSJ
May 4, 2026
Investing.com -- Artificial intelligence giant Anthropic is partnering with financial software provider Fidelity National Information Services Inc (NYSE:FIS) to develop automated tools designed to police the global banking system. According to the Wall Street Journal, citing people familiar with the matter, the collaboration aims to deploy AI agents capable of operating without constant human supervision.
These specialized programs will integrate FIS’s extensive financial data with Claude, the sophisticated large language model developed by Anthropic. The primary objective is to create an agent that investigates drug traffickers, terrorists, and other criminals who exploit financial networks.
FIS stock rose 6.6% in after-hours trade Monday following the report. CEO Stephanie Ferris stated that the financial crimes bot will independently gather evidence across disparate data sources and account records. While the AI will significantly reduce the time and cost required for each investigation, human investigators will continue to make all final decisions on cases.
The Bank of Montreal (NYSE:BMO) and Amalgamated Bank (NASDAQ:AMAL) are slated to be among the first institutions to implement the new financial crimes agent. Broad availability for the tool is currently expected during the second half of the year, following development work by embedded Anthropic engineers.
Banks currently dedicate billions of dollars annually to anti-money-laundering efforts to satisfy rigorous federal mandates and regulatory oversight. The emergence of advanced AI models has recently pressured the valuations of legacy software providers like FIS, whose stock has declined over 25% this year.
Investors have expressed concern that many traditional software products could become obsolete as firms build their own internal AI solutions. However, this partnership suggests that AI labs may instead choose to accelerate existing enterprise software through strategic industry-specific integrations.
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- New Strong Sell Stocks for May 4th
May 4, 2026
Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:
Alpha Metallurgical Resources AMR is a mining company with operations principally in Virginia and West Virginia. The Zacks Consensus Estimate for its current year earnings has been revised almost 26.3% downward over the last 60 days.
Arbor Realty Trust ABR is a specialized real estate finance company investing in real estate-related bridge and mezzanine loans, preferred equity, mortgage-related securities and other real estate-related assets. The Zacks Consensus Estimate for its current year earnings has been revised almost 14.4% downward over the last 60 days.
Amalgamated Financial AMAL is a full-service commercial bank and a chartered trust company. The Zacks Consensus Estimate for its current year earnings has been revised 5.8% downward over the last 60 days.
View the entire Zacks Rank #5 List.
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This article originally published on Zacks Investment Research (zacks.com).
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- New Strong Sell Stocks for May 4th
May 4, 2026 · zacks.com
AMR, ABR and AMAL have been added to the Zacks Rank #5 (Strong Sell) List on May 4, 2026.
- KBW Announces 2026 Bank Honor Roll Award Winners
Apr 28, 2026
Keefe, Bruyette & Woods, Inc. (KBW)
17 Outstanding Banks Recognized for Best-In-Class Earnings Growth Over the Past Decade
NEW YORK, April 28, 2026 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly-owned subsidiary of Stifel Financial Corp. (NYSE: SF), today named 17 U.S. banking institutions, just 6% of eligible banks, to the coveted 2026 KBW Bank Honor Roll.
KBW congratulates the 10 returning members to this year’s Honor Roll, including 1st Source Corporation (SRCE), BancFirst Corporation (BANF), Coastal Financial Corporation (CCB), Esquire Financial Holdings, Inc. (ESQ), First Citizens BancShares, Inc. (FCNCA), HomeTrust Bancshares, Inc. (HTB), Magyar Bancorp, Inc. (MGYR), Northeast Bank (NBN), NorthEast Community Bancorp, Inc. (NECB), and Pathward Financial, Inc. (CASH).
Two of these banks have consistently been named to the KBW Bank Honor Roll, including BANF (14 consecutive years), and SRCE (eight consecutive years).
In addition, KBW welcomes seven new members to the Honor Roll this year, including: Amalgamated Financial Corp. (AMAL), CF Bankshares Inc. (CFBK), Live Oak Bancshares, Inc. (LOB), Metropolitan Bank Holding Corp. (MCB), Orange County Bancorp, Inc. (OBT), Popular, Inc. (BPOP), and Wintrust Financial Corporation (WTFC).
These 17 elite banks were named to the KBW Bank Honor Roll based on two central criteria: 1) consistent earnings growth over each of the past 10 years; and/or 2) top 5% of eligible banks based on 10-year EPS CAGR. As with prior Honor Rolls, banks must have more than $500 million in total assets to be eligible. Two banks, CASH and ESQ, had the elite distinction of satisfying both criteria.
“This year’s Honor Roll banks continue to demonstrate peer-leading fundamentals across the business cycle, and the market is rightfully rewarding these banks with premium valuations,” said Thomas B. Michaud, KBW President and CEO. “We congratulate the 2026 class of Honor Roll banks for this distinguished accomplishment.”
Over the five-year period ending in 2025, KBW Bank Honor Roll stocks yielded a total return of 172%, significantly outperforming both the KBW Nasdaq Bank Index (BKX, 96%) and the KBW Nasdaq Regional Banking Index (KRX, 53%).
Christopher McGratty, KBW’s Head of U.S. Banks Research, added, “Consistency remains a key differentiator of the most successful banks and a characteristic that is contributing to notable stock outperformance for this year’s Honor Roll banks.”
About KBW
KBW (Keefe, Bruyette & Woods, Inc., operating in the U.S., and Stifel Nicolaus Europe Limited, also trading as Keefe, Bruyette & Woods Europe, operating in Europe) is a Stifel company. Over the years, KBW has established itself as a leading independent authority in the banking, insurance, brokerage, asset management, mortgage banking, and specialty finance sectors. Founded in 1962, the firm maintains industry‐leading positions in the areas of research, corporate finance, mergers and acquisitions as well as sales and trading in equities securities of financial services companies.
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Media Contact
Neil Shapiro (212) 271-3447
shapiron@stifel.com
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- Carver Bancorp, Inc. Announces Slate of Highly Qualified Director Candidates for 2026 Annual Meeting
Apr 27, 2026 · prnewswire.com
Nominees Keith Mestrich and Donald Felix Collectively Bring Backgrounds that Directly Align with Carver's Needs, Including Experience Transforming Financial Institutions and Driving Profitability and Growth Refreshment Delivers on Previously Announced Board Modernization Commitment and is a Critically Important Part of Positioning Carver for Sustainable Profitability and Growth Management and the Board Continue to Take Decisive Actions to Improve Performance and Enhance Value for All Stockholders Vote on the WHITE Proxy Card TODAY to Elect Carver's Two Highly Qualified Candidates – Keith Mestrich and Donald Felix – to the Board NEW YORK, April 27, 2026 /PRNewswire/ -- Carver Bancorp, Inc. ("Carver" or the "Company") (OTCQB: CARV), the holding company for Carver Federal Savings Bank (the "Bank," a certified Community Development Financial Institution ("CDFI") and designated Minority Depository Institution ("MDI")), announced its slate of nominees for election to the Board of Directors (the "Board") at the 2026 Annual Meeting of Stockholders (the "Annual Meeting"). The slate includes: Keith Mestrich, former Chief Executive Officer and President of Amalgamated Bank.
- CARVER BANCORP, INC. ANNOUNCES SLATE OF HIGHLY QUALIFIED DIRECTOR CANDIDATES FOR 2026 ANNUAL MEETING
Apr 27, 2026
NOMINEES KEITH MESTRICH AND DONALD FELIX COLLECTIVELY BRING BACKGROUNDS THAT DIRECTLY ALIGN WITH CARVER'S NEEDS, INCLUDING EXPERIENCE TRANSFORMING FINANCIAL INSTITUTIONS AND DRIVING PROFITABILITY AND GROWTH REFRESHMENT DELIVERS ON PREVIOUSLY ANNOUNCED BOARD MODERNIZATION COMMITMENT AND IS A CRITICALLY IMPORTANT PART OF POSITIONING CARVER FOR SUSTAINABLE PROFITABILITY AND GROWTH MANAGEMENT AND THE BOARD CONTINUE TO TAKE DECISIVE ACTIONS TO IMPROVE PERFORMANCE AND ENHANCE VALUE FOR ALL STOCKHOLDERS VOTE ON THE WHITE PROXY CARD TODAY TO ELECT CARVER'S TWO HIGHLY QUALIFIED CANDIDATES – KEITH MESTRICH AND DONALD FELIX – TO THE BOARD NEW YORK, APRIL 27, 2026 /PRNEWSWIRE/ -- CARVER BANCORP, INC. ("CARVER" OR THE "COMPANY") (OTCQB: CARV), THE HOLDING COMPANY FOR CARVER FEDERAL SAVINGS BANK (THE "BANK," A CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION ("CDFI") AND DESIGNATED MINORITY DEPOSITORY INSTITUTION ("MDI")), ANNOUNCED ITS SLATE OF NOMINEES FOR ELECTION TO THE BOARD OF DIRECTORS (THE "BOARD") AT THE 2026 ANNUAL MEETING OF STOCKHOLDERS (THE "ANNUAL MEETING"). THE SLATE INCLUDES: KEITH MESTRICH, FORMER CHIEF EXECUTIVE OFFICER AND PRESIDENT OF AMALGAMATED BANK.
- Amalgamated Financial Corp. Q1 2026 Earnings Call Summary
Apr 23, 2026
Amalgamated Financial Corp. Q1 2026 Earnings Call Summary - Moby
Strategic Performance and Operational Context
Net revenue grew 9.7% to $93.4 million, driven by the bank's decision to retain more deposits on-balance sheet to enhance core net interest income. The deposit franchise showed broad-based strength with $229 million in growth, led by political, labor, and not-for-profit segments, improving the deposit mix to 41% noninterest-bearing. Management attributed a $9.2 million incremental provision to a single borrower relationship in D.C., characterizing it as an isolated event driven by borrower-specific behavior rather than systemic program failure. Net interest margin expanded 9 basis points to 3.75%, supported by higher-yielding commercial loan originations and the completion of lower-yielding securities portfolio repositioning. Loan growth of 1.3% was led by commercial real estate and multifamily originations, reflecting healthy mission-aligned demand and continued credit discipline. The bank is strategically progressing toward the $10 billion asset threshold by investing in infrastructure and technology to support disciplined, profitable scale.
Outlook and Strategic Guidance
Full-year net interest income guidance was raised to $333 million, supported by a new annual balance sheet growth target of approximately 8%. Management expects net interest margin to experience moderate compression in Q2 due to balance sheet growth and nonaccrual impacts before expanding modestly through the second half of 2026. The bank plans to manage the midterm election cycle by utilizing off-balance sheet deposits to absorb expected political outflows, aiming for zero post-election borrowings. Core noninterest income is projected to remain stable at approximately $9.8 million to $10 million per quarter, driven by commercial banking fees and trust-related revenue. Loan growth targets are set at 1.5% to 2% sequentially, with an expected shift toward a more balanced mix between C&I and multifamily portfolios.
Credit Quality and Risk Factors
A $78 million relationship consisting of 10 loans was moved to nonaccrual status following the borrower's notice of intent to default. Total reserves for the specific distressed borrower now stand at $11.1 million, which management believes limits future P&L volatility. Nonperforming assets rose to 1.08% of total assets, primarily due to the downgrades of the single D.C.-based multifamily borrower. Management is evaluating resolution strategies for the distressed assets, including potential foreclosure and the engagement of third-party property managers to preserve collateral value.
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Q&A Session Highlights
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Resolution timing and valuation of the distressed D.C. multifamily relationship
Management stated that while resolution timing is uncertain, the $11.1 million total reserve effectively brings the valuation to 85% of loan value. The reserve was weighted toward loans previously identified as stressed to allow for staged exits and to contain P&L volatility.
Sustainability of growth in the PACE and CPACE portfolios
The CPACE portfolio is seeing strong contribution from the Electrify partnership established in October, providing both asset growth and yield expansion. Management views PACE assessments as a complementary growth engine to the core commercial loan book.
Impact of D.C. Rapid Rehousing and Section 8 programs on credit
Management clarified that the credit issue was due to the borrower's financial condition and over-dependence on programs, not the programs themselves. A review of other Rapid Rehousing and Section 8 exposures across D.C., New York, and California showed no similar signs of systemic migration.
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- Amalgamated Financial Corp. (AMAL) Q1 2026 Earnings Call Transcript
Apr 23, 2026 · seekingalpha.com
Amalgamated Financial Corp. (AMAL) Q1 2026 Earnings Call Transcript
- Amalgamated Financial (AMAL) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Apr 23, 2026 · zacks.com
The headline numbers for Amalgamated Financial (AMAL) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
