OCC and Fed Fine American Express $350 Million Over AML Deficiencies

The OCC and Federal Reserve fined American Express $350 million for deficiencies in their anti-money laundering compliance program, including failures in risk assessment and suspicious activity monitoring. The regulators issued cease-and-desist orders and enforcement actions against American Express and some subsidiaries to address these shortcomings.

This Wire brief tracks American Express, and It sits within Fusion42's coverage of Fintech, and 3 sources have reported it between 9 Oct 2026 and 12 Oct 2026.