Pelican AI Expands AI-Powered TBML Solution to Top UAE Bank
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Pelican AI, a provider of artificial intelligence-powered payments, financial crime compliance, and trade finance solutions, has announced the expansion of its AI-powered trade-based money laundering (TBML) solution to a leading United Arab Emirates-based financial institution. The agreement, signed in July 2025, is now in the final phase of production deployment.
The financial institution, the largest bank in the UAE, provides personal, corporate, and international banking services from its headquarters in Abu Dhabi. Pelican AI has been working with the bank for several years, using its Trade Compliance solution to automate and digitize regulatory compliance processes across its trade finance operations.
The expanded deployment is designed to automate complex TBML controls required under UAE Central Bank guidelines. These controls include identifying potential over-invoicing and under-invoicing, phantom shipping, vessel and voyage inconsistencies, and other trade-related money-laundering red flags that traditionally required significant manual review.
Pelican's Advanced TBML Module uses artificial intelligence, natural language processing, and machine learning to interpret trade documentation, recognize patterns, and detect anomalies across high volumes of complex transactional data. The solution can also access external data sources, including real-time and historical commodity pricing, vessel movements, voyage histories, and maritime intelligence. Combining trade documentation with authoritative third-party data is expected to improve the accuracy and reliability of risk detection while reducing false positives and manual intervention.
The implementation has been undertaken in alignment with the bank's operational, compliance, and technology frameworks. Once fully deployed, the Advanced TBML Module is expected to support the bank in meeting applicable UAE Central Bank TBML requirements, identifying and reporting complex money-laundering scenarios, strengthening protection against financial and reputational risks, reducing manual intervention across trade finance operations, and improving processing efficiency and transaction turnaround times.
Pelican AI, with more than 30 years of proprietary AI expertise, is trusted by major financial institutions across more than 55 countries and has processed over 2 billion transactions representing approximately $10 trillion in value. The company's technology uses artificial intelligence, machine learning, and natural language processing to help financial institutions automate payment processing, improve straight-through processing, strengthen financial crime compliance, and modernize transaction banking infrastructure.