Quantexa Launches Cloud-Based AML Solution for Small Banks Amid Stablecoin Growth

Quantexa, a data analytics firm, has launched a cloud-based anti-money laundering solution for US mid-size and community banks. The product, Cloud AML, aims to help banks fight crypto-powered crime and reduce false positives. With stablecoin legislation in place, banks are focusing on monitoring inflows and outflows to prevent financial crime. Quantexa's head of financial crimes solutions, Chris Bagnall, notes that only a small number of banks are focused on making stablecoins a business.

Quantexa, a data analytics firm, has introduced a cloud-based anti-money laundering (AML) solution specifically designed for U.S. mid-size and community banks. Dubbed Cloud AML, the product aims to help these institutions combat crypto-powered financial crimes and reduce false positives. The launch comes amidst increasing concerns about stablecoin legislation and its potential impact on the financial landscape.

The new solution, available on Microsoft Azure, is tailored to meet the unique challenges faced by mid-size and community banks. These institutions often struggle with outdated technology and limited resources, yet they face the same regulatory expectations as larger banks. According to Quantexa's recent FinCrime Pulse Report, nearly half of AML professionals in these banks cite outdated technology as a barrier to effective threat detection Quantexa Launches Cloud AML Product for U.S. Mid-size and Community Banks^[1].

Quantexa Cloud AML addresses these challenges by providing a single, trusted view of customer and counterparty data through AI-powered entity resolution and contextual analytics. The platform is designed to cut investigative effort by over 50% by eliminating the need for manual data gathering and reducing false positives by up to 75% through contextual monitoring and external data enrichment Quantexa Launches Cloud AML Product for U.S. Mid-size and Community Banks^[1].

The product's deployment is swift, thanks to its pre-packaged SaaS structure, which offers an accelerated time-to-value and comprehensive implementation process. Additionally, the embedded AI Copilot, Q Assist, allows users to interact with the system using natural language, enhancing productivity and effectiveness Quantexa Launches Cloud AML Product for U.S. Mid-size and Community Banks^[1].

The launch of Cloud AML coincides with the passage of stablecoin legislation in the U.S., which is expected to unlock new competitors and make stablecoins more mainstream. While most banks are focused on monitoring inflows and outflows to prevent financial crime, only a small number are actively exploring stablecoins as a business opportunity Quantexa Launches Platform to Reduce Stablecoin Strain on Small Banks^[2].

Chris Bagnall, Head of Financial Crime Solutions for North America at Quantexa, emphasizes that the product is accurate, cost-effective, and flexible, empowering banks to focus on the most critical threats. He notes that the platform is built in partnership with the professionals who will use it daily, ensuring it meets the needs of analysts, compliance officers, investigators, and IT teams Quantexa Launches Cloud AML Product for U.S. Mid-size and Community Banks^[1].

The product is available immediately across the U.S. and will be demonstrated at the ACAMS Las Vegas 2025 event. Following the launch, Quantexa will host a series of executive roundtables to help banks leverage emerging technology in the fight against financial crime Quantexa Launches Cloud AML Product for U.S. Mid-size and Community Banks^[1].