Stewart Introduces Fincen Aml Compliance Tool

Stewart Information Services Corp. has introduced a new platform to assist title and closing professionals in complying with the Financial Crimes Enforcement Network’s (FinCEN) upcoming anti-money laundering (AML) rule.

The federal rule — originally set to take effect in December — now requires reporting by March 1, 2026.

Stewart’s FinCEN Reporting Services (FRS) platform tools include electronic filing of FinCEN reports, data validation, communication with buyers and sellers and secure document retention.

“Our FINCEN Reporting Services platform was built with direct input from industry leaders and compliance experts to provide our title and closing customers with peace of mind in meeting these new regulatory requirements,” said Don Booher, vice president of Stewart Ancillary Services. “By automating and streamlining AML reporting, FRS minimizes risk, reduces manual effort and delivers secure, reliable compliance for every transaction.”

The company said the platform supports both residential and commercial transactions — including data encryption, real-time reporting dashboards and tools for secure communication between all parties involved.

“FRS was ready to launch December 1, but now the additional three months has provided the opportunity to better educate our customers and fully understand the finalized forms’ reporting requirements, ensuring the FRS solution takes the burden of FinCEN reporting off our title and closing customers, allowing them to focus on their business,” said Mark Bauwin, Stewart FinCEN operations director.

Stewart’s FinCEN Reporting Services team is scheduled to appear in New York City at ALTA ONE, which runs until Friday.