The financial services industry is currently on the brink of a massive technological disruption. Financial institutions are now beginning to actively explore new technologies, such as Artificial Intelligence (AI) and robotic process automation (RPA) to further automate routine AML and KYC processes and thereby improve operational efficiencies and resource utilization. The first wave of AI technology deployment is already happening in global banks: rule-based AIs (typically based on'if-then' rules) are enhancing productivity in internal processes. With the advent of AI applications for Know your Client (KYC) and Anti-Money Laundering (AML) purposes, financial institutions' adoption of technology in these labor-intensive and high-risk areas seems certain to rapidly accelerate. One of the most powerful ways AI can be applied in a client due diligence context is in using Natural Language Processing (NLP) to'read' vast amounts of information in any language.