Anthropic And FIS Join Forces On Autonomous AI Crime Buster — FIS Shares Jump

• The AI tool is expected to be widely available to clients in the second half of the year.
• The agent draws on the enterprise financial software’s financial data and Anthropic’s Claude. 
• The firm noted that the decisions about cases will still be made by human investigators.

Shares of Fidelity National Information Services, Inc. (FIS) jumped 7% after hours on Monday after the company announced that Claude-parent Anthropic is partnering with it to develop new AI agents for banks.

The two companies first want to develop an AI agent to help banks more effectively police financial crimes such as money laundering, fraud, and suspicious transactions by continuously monitoring millions of bank accounts in real time, flagging potential illicit activity far faster and more accurately than traditional rules-based compliance systems.

The AI tool is expected to be widely available to clients in the second half of the year and draws on the enterprise financial software’s financial data and regulatory infrastructure and Anthropic’s Claude, the firm said.

FIS said that the decisions about cases will still be made by human investigators and that Bank of Montreal and Amalgamated Bank will be among the first institutions to use the financial crimes agent. Details on pricing, exact rollout timeline, or specific bank pilots were unclear.

The announcement comes as banks face mounting pressure from regulators to strengthen financial crime controls while controlling compliance costs that run into the billions of dollars annually across the industry.

FIS also said that it intends to develop more agents with Anthropic for credit decisioning, deposit retention, customer onboarding, and fraud prevention.  

How Did FIS Retail Traders React?

On Stocktwits, retail sentiment around FIS stayed within the ‘bullish’ territory over the past 24 hours, while message volume stayed at ‘high’ levels.

Meanwhile, sentiment around ANTHROPIC trended in the ‘bearish’ territory, coupled with ‘low’ message volume.

FIS stock has fallen 40% over the past 12 months, partly owing to investor fears pertaining to AI replacing demand for software providers. 

Read More: MIRM Stock Clocks Best Day In 4.5 Months On Liver Disease Trial Data: Retail Eyes Buyout At A Premium

For updates and corrections, email newsroom[at]stocktwits[dot]com.