Three reports on how fincrime vendors talk to the market.

Announcements in the year after a round focus mostly on partnerships and products. Of the 45 vendors we could follow for a full 12 months after raising, 29 (64%) announced a partnership or a product launch.

The Atlantic has an AI gap. In the past year, 38% of US vendors launched a product that mentions AI agents, against 7% of European vendors (European here includes the UK).

Consolidation runs alongside fundraising. Since May 2024, 26 tracked vendors have changed owner through 23 deals, roughly one deal for every four vendors that have raised.

Few vendors name a customer using their agents. Only 10 have a named customer using a work agent or assistant in production.

Most agent claims point to a concrete product. Of the 129 vendors that claim AI agents, 119 have a concrete work agent, assistant or agent-trust product, and 110 have one on general release.

The Atlantic gap holds after checking. 40% of US vendors have a work agent or assistant on general release, against 17% of European vendors.

Most headlines could belong to a competitor. On a strict test, the headline and opening line of 271 of 328 vendors (83%) would read as true for most competitors in the same category.

More headlines lead with the technology than with a result. Almost half (158, or 48%) lead with what the product is or does technically.

Few headlines say who the product is for or make a checkable claim. Only 56 headlines (17%) name the buyer and 71 (22%) make a specific, checkable claim.