FIS partners with Anthropic on financial crimes AI agent By Investing.com

JACKSONVILLE, Fla. - FIS (NYSE:FIS) announced a partnership with Anthropic to develop an AI agent for anti-money laundering investigations, according to a press release statement. The $24.5 billion fintech company's shares currently trade at $47.28, down 38% over the past year, though InvestingPro analysis suggests the stock is significantly undervalued at current levels.

The Financial Crimes AI Agent is designed to reduce AML alert and case investigation time from hours to minutes by automatically assembling evidence across a bank's core systems and evaluating activity against known typologies. BMO and Amalgamated Bank are developing the agent, with general availability planned for the second half of 2026. The announcement comes just days before FIS reports quarterly earnings on May 8.

Anthropic's Applied AI team and forward-deployed engineers are working with FIS to co-design the agent, which uses Claude AI models for reasoning capabilities. The system will operate within FIS-controlled infrastructure, with client data remaining on FIS servers.

"Every bank in the world wants AI that acts, not just assists," said Stephanie Ferris, CEO and President of FIS.

The agent will connect to FIS systems of record for transactions, payments, deposits, credit and customer activity. For institutions using non-FIS core systems, the agent will connect via open integration standards.

The United Nations estimates $2 trillion in illicit funds flows through the global financial system annually. U.S. financial institutions spend $35-40 billion per year on AML operations, according to the release.

FIS stated the agent will be evaluated on reducing cost per case, cutting manual work, and decreasing case review time. Investigators will retain control of final decisions.

FIS plans to expand its agent roadmap to include credit decisioning, deposit retention, customer onboarding and fraud prevention. The company processes transactions for financial institutions representing nearly 12% of the global economy. With revenue of $10.68 billion over the last twelve months, FIS has maintained dividend payments for 24 consecutive years. For deeper insights into FIS's valuation and growth prospects, investors can access the comprehensive Pro Research Report, available for this and 1,400+ other US equities on InvestingPro.

The partnership establishes evaluation frameworks and knowledge transfer to enable FIS to build additional agents independently over time.

In other recent news, Stripe unveiled a significant array of 288 new products and features during its Sessions 2026 conference, which drew over 9,000 industry participants. This event marked Stripe's largest product launch, with live demonstrations of agentic commerce technology involving major enterprise customers like Meta, Google, and Shopify. Meanwhile, Fidelity National Information Services (FIS) announced a quarterly dividend of $0.44 per common share, payable on June 25, 2026, to shareholders recorded by June 11, 2026.

In corporate governance updates, Mark Benjamin, a director at FIS, has decided not to seek re-election at the company's 2026 annual meeting, with no disagreements cited regarding the company's operations or policies. Additionally, FIS launched a new clearing solution, FIS CD Prediction Clearing, to support regulated prediction markets with real-time clearing and 24/7 operational support. Analyst firm William Blair reiterated an Outperform rating on FIS, citing the $13.5 billion acquisition of TSYS and potential operational improvements as factors not yet reflected in the company's current valuation. These developments offer a snapshot of the latest activities and strategic moves by Stripe and FIS.

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