With what has the potential to accelerate and expand the use of emerging technologiesโ€”including artificial intelligence, machine learning, and robotic process automationโ€”federal banking regulators and the Treasury Departmentโ€™s Financial Crimes Enforcement Network have issued a joint statement intended โ€œto encourage depository institutions to consider, evaluate, and responsibly implement innovative approaches to meet their Bank Secrecy Act/anti-money laundering compliance obligations.โ€