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Cloud AML for Banks: Faster Investigations & Reduced False Positives

by Rachel Kim – Technology Editor

Quantexa Launches Cloud-Based AML Solution for Mid-Sized Banks

september 19, 2025 – Quantexa has introduced a new cloud-based anti-money laundering (AML) solution designed to provide mid-size and community banks with enterprise-level financial crime detection and prevention capabilities. Delivered as a software-as-a-service (SaaS) product on Microsoft Azure, Quantexa Cloud AML aims to level the playing field for institutions managing between $5 billion and $200 billion in assets.

The solution leverages contextual data, analytics, and artificial intelligence to accelerate investigations – by as much as 80 percent – and substantially reduce false positives, potentially by up to 75 percent.

“For too long, mid-size and community banks have been held to standards of larger institutions with the same level of regulatory accountability without tier-one staffing, budgets or technology,” explained Chris Bagnall, head of financial crime solutions for Northern America at Quantexa. “Quantexa Cloud AML changes that equation. With alignment from trusted anti-financial crime professionals, it is accurate, cost-effective, flexible and data driven to enable these banks to focus their teams on the threats that matter moast.”

Microsoft is collaborating with Quantexa on the initiative. Bill Borden, corporate vice president of worldwide financial services at Microsoft, stated, “By bringing Quantexa’s proven AI-driven AML capabilities to the cloud, we’re helping our joint customers modernize compliance, improve detection and operate with greater efficiency and trust. Together,Microsoft and quantexa are enabling financial institutions to protect their customers and communities while accelerating innovation in the fight against financial crime.”

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