CU InfoSecurity Security

Bretton Raises $75M to Use AI for Financial Crime Compliance

AI Summary

Bretton AI has raised $75 million for automating AML compliance; targets large banks with reduced manual investigations and improved auditability.

Texas Relevance

No explicit mention of Texas, TX, TCUD, or any Texas-specific entities.

Original Content

AI Agents Target Anti-Money Laundering at Major Global Banks, Cut Manual Probes Bretton AI has raised $75 million in Series B funding led by Sapphire Ventures to scale AI agents for anti-money laundering sanctions and KYC compliance. CEO Will Lawrence says the company is targeting large banks with automation designed to reduce manual investigations and improve auditability.