{"slug":"compliance","title":"AI in compliance and anti-money laundering","intro":"Banks that say they use or plan AI for compliance or anti-money laundering work.","keywords":["compliance","aml","anti-money laundering","money laundering","kyc"],"year":2025,"numbers":{"n":11,"total":270,"pct":0.0407},"trend":[{"year":2022,"n":1,"total":298,"pct":0.0034},{"year":2023,"n":2,"total":297,"pct":0.0067},{"year":2024,"n":7,"total":284,"pct":0.0246},{"year":2025,"n":11,"total":270,"pct":0.0407}],"banks":[{"slug":"princeton-bancorp-inc","name":"Princeton Bancorp, Inc.","state":"PA","size_group":"$1B to $50B","max_detail":3,"quote":{"passage_id":"0001193125-26-106151-7c4bb0cd2667","quote":"These include Sophos for advanced cybersecurity threat detection and response, Verafin for fraud detection and AML compliance, the Glia Chatbot for enhancing customer service interactions, and CATO Networks for AI-driven network security and optimization.","link":"https://www.sec.gov/Archives/edgar/data/1913971/000119312526106151/bprn-20251231.htm#:~:text=The%20Bank%20does%20not%20utilize%20AI%20for%20decision%2Dmaking,the%20Company%E2%80%99s%20business%20or%20financial%20results.","mention_words":"Using AI now","detail_words":"Concrete example"}},{"slug":"us-bancorp-de","name":"U.S. Bancorp","state":"MN","size_group":"$50B and above","max_detail":3,"quote":{"passage_id":"0000036104-26-000011-af556fb4c0b2","quote":"The Company also uses several models that employ methodologies based on AI or machine learning, which bring unique complexities, such as the need for large datasets for training, the potential for algorithmic bias, and the need for greater explainability in interpreting model decisions.","link":"https://www.sec.gov/Archives/edgar/data/36104/000003610426000011/usb-20251231_d2.htm#:~:text=The%20Company%E2%80%99s%20businesses%20may%20be%20adversely%20affected%20if,are%20flawed%20or%20incorporate%20unreliable%20data.","mention_words":"Sees AI as a risk","detail_words":"Names an area"}},{"slug":"cvb-financial-corp","name":"CVB Financial Corp","state":"CA","size_group":"$1B to $50B","max_detail":2,"quote":{"passage_id":"0001193125-26-083221-30ae17d337b9","quote":"We have adopted an AI Policy that establishes a governance framework for developing, deploying, and managing AI and Generative AI (GenAI) solutions and initiatives, including those involving vendors.","link":"https://www.sec.gov/Archives/edgar/data/354647/000119312526083221/cvbf-20251231.htm#:~:text=We%2C%20or%20our%20third%20party%20vendors%2C%20clients%20or,misappropriate%20funds%20and%20to%20facilitate%20cyberattacks.","mention_words":"Explains how AI is controlled","detail_words":"Names an area"}},{"slug":"citigroup-inc","name":"Citigroup Inc","state":"NY","size_group":"$50B and above","max_detail":2,"quote":{"passage_id":"0000831001-26-000011-8ab10e6f1e00","quote":"applied technology solutions leveraging AI to support governance of data reported in key regulatory reports","link":"https://www.sec.gov/Archives/edgar/data/831001/000083100126000011/c-20251231.htm#:~:text=%E2%80%A2applied%20technology%20solutions%20leveraging%20AI%20to%20support%20governance%20of%20data%20reported%20in%20key%20regulatory%20reports","mention_words":"Using AI now","detail_words":"Names an area"}},{"slug":"community-financial-system-inc","name":"Community Financial System, Inc.","state":"NY","size_group":"$1B to $50B","max_detail":2,"quote":{"passage_id":"0001104659-26-021651-156bfc50ae65","quote":"CFSI maintains enterprise-wide AI and Data Governance frameworks designed to promote the accuracy, privacy, security, and responsible use of data and AI across our operations. Executive oversight is provided by the Management Risk Committee and IT Steering Committee","link":"https://www.sec.gov/Archives/edgar/data/723188/000110465926021651/cbu-20251231x10k.htm#:~:text=CFSI%20maintains%20enterprise%2Dwide%20AI%20and%20Data%20Governance%20frameworks,evolving%20regulatory%20requirements%20and%20technological%20advances.","mention_words":"Explains how AI is controlled","detail_words":"Names an area"}},{"slug":"eagle-bancorp-inc","name":"Eagle Bancorp Inc","state":"MD","size_group":"$1B to $50B","max_detail":2,"quote":{"passage_id":"0001050441-26-000021-345cd318c8d8","quote":"because of the complexity inherent in these approaches, especially those based on artificial intelligence, misunderstanding or misuse of their outputs could similarly result in suboptimal decision-making, which could have a material adverse effect on our business","link":"https://www.sec.gov/Archives/edgar/data/1050441/000105044126000021/egbn-20251231.htm#:~:text=The%20use%20of%20statistical%20and%20quantitative%20models%20and,results%20of%20operations%20and%20share%20price.","mention_words":"Sees AI as a risk","detail_words":"Names an area"}},{"slug":"finwise-bancorp","name":"Finwise Bancorp","state":"UT","size_group":"Under $1B","max_detail":2,"quote":{"passage_id":"0001856365-26-000006-d169c026cb44","quote":"We use generative AI for certain tasks like document drafting and data analysis, with an implementation of strict controls to protect customer data. Third-party AI assists us in cybersecurity, fraud detection, and code review, while our own agents handle compliance, policy analysis, and workflow","link":"https://www.sec.gov/Archives/edgar/data/1856365/000185636526000006/finw-20251231.htm#:~:text=We%20selectively%20employ%20AI%20through%20productivity%20tools%2C%20third%2Dparty,risks%20and%20challenges%20to%20our%20business.","mention_words":"Using AI now","detail_words":"Names an area"}},{"slug":"jpmorgan-chase-and-co","name":"JPMorgan Chase & Co.","state":"NY","size_group":"$50B and above","max_detail":2,"quote":{"passage_id":"0001628280-26-008131-baf8e0d88184","quote":"A dedicated independent function, Model Risk Governance and Review (“MRGR”), defines and governs the Firm’s policies relating to the management of model risk and risks associated with certain analytical and judgment-based estimations","link":"https://www.sec.gov/Archives/edgar/data/19617/000162828026008131/jpm-20251231.htm#:~:text=The%20Firm%20uses%20models%20and%20other%20analytical%20and,forecasting%20and%20capital%20planning%20and%20analysis.","mention_words":"Explains how AI is controlled","detail_words":"Names an area"}},{"slug":"juniata-valley-financial-corp","name":"Juniata Valley Financial Corp","state":"PA","size_group":"Under $1B","max_detail":2,"quote":{"passage_id":"0001104659-26-034395-adf03972dffa","quote":"Although the Company does not currently make significant use of artificial intelligence (“AI”), machine learning, or similar advanced data analytics technologies in its operations, the financial services industry is increasingly incorporating AI-enabled tools in areas such as credit underwriting,","link":"https://www.sec.gov/Archives/edgar/data/714712/000110465926034395/juvf-20251231x10k.htm#:~:text=Although%20the%20Company%20does%20not%20currently%20make%20significant,developed%20systems%20or%20third%2Dparty%20service%20providers.","mention_words":"Sees AI as a risk","detail_words":"Names an area"}},{"slug":"pnc-financial-services-group-inc","name":"PNC Financial Services Group","state":"PA","size_group":"$50B and above","max_detail":2,"quote":{"passage_id":"0000713676-26-000020-3deded4eaa9c","quote":"we increasingly use models related to how we do business with customers and for internal process automation that leverage AI/machine learning algorithms.","link":"https://www.sec.gov/Archives/edgar/data/713676/000071367626000020/pnc-20251231.htm#:~:text=We%20use%20financial%20and%20statistical%20models%20throughout%20many,of%20items%20in%20our%20financial%20statements.","mention_words":"Using AI now","detail_words":"Names an area"}},{"slug":"union-bankshares-inc","name":"Union Bankshares Inc","state":"VT","size_group":"$1B to $50B","max_detail":2,"quote":{"passage_id":"0000706863-26-000029-51db5d2e6bdd","quote":"We have begun piloting artificial intelligence (“AI”) and machine learning tools in certain internal and support functions, such as data analysis, fraud monitoring support, compliance processes, and operational efficiency initiatives.","link":"https://www.sec.gov/Archives/edgar/data/706863/000070686326000029/unb-20251231.htm#:~:text=We%20have%20begun%20piloting%20artificial%20intelligence%20%28%E2%80%9CAI%E2%80%9D%29%20and,to%20suspend%20or%20modify%20pilot%20programs.","mention_words":"Testing or planning AI","detail_words":"Names an area"}}]}