Alanna.ai wants to help title agents with the new FinCEN rules

The title agent-focused artificial Intelligence technology firm Alanna.ai has launched a digital signing capability to help title agents and companies comply with Financial Crimes Enforcement Network’s (FinCEN) new reporting requirements.

In an announcement on Friday, the firm stated that it has made enhancements to its Smart Forms offering, which the company said will help users streamline the new data collection and reporting requirements needed to comply with FinCEN’s Anti-Money Laundering rule. The rule takes effect on December 1, 2025. 

Under the rule, there are new reporting requirements for title companies closing non-financed residential property transfers to legal entities or trusts nationwide. The rule applies to residential properties as well as some vacant land and commercial properties, and it includes more than just all-cash transactions.

The enhancements to Smart Forms, known as Alanna Sign, include a specialized form supporting the rule’s mandatory data-gathering process, which will be required of buyers and sellers. The specialized form will include automated reminders for form completion and completion of the digital signing process, according to Alanna.ai. 

Alanna.ai president and co-founder Hoyt Mann believes this tool will lessen the hassle many title professionals fear these new requirements create. 

“The closing process is already controlled chaos, and a number of agents have told us the new data gathering and reporting requirements will likely only add to that,” Mann said in a statement. “However, our early adopters of the digital signing capability have told us that it significantly streamlines the execution of these new requirements, not to mention alleviates much of the anxiety and stress agents are feeling in advance of December 1.”

Alanna Sign is the latest addition to Alanna’s platform which enables title agents to immediately respond to questions and gather or request data any time of day via text message or web chat in 133 different languages. Alanna also recently launched an AI-driven order entry solution for title agents. 

In May, Fidelity National Financial sued FinCEN, as well as its director Andrea Gacki, and the Department of the Treasury and its secretary, Scott Bessent. In the suit, FNF calls the new reporting requirements “arbitrary and capricious,” and claims that the rule increases the annual volume of disclosure reports by 4,000%, creating  “massive costs and intrusions on privacy without any remotely commensurate benefit to FinCEN’s stated goal of identifying money laundering transactions.”