New Digital Signing Capability To Assist Agents With New FinCEN Requirements
Alanna.ai, the creator of a suite of AI-powered tools for title agents, has introduced Alanna Sign, a digital signing capability. The feature is an enhancement to alanna.ai Smart Forms and is designed to streamline the new data collection and reporting requirements installed by the FinCEN Anti-Money Laundering rule, which takes effect December 1, 2025.
The AML will impose new reporting requirements for non-financed residential property transfers to legal entities or trusts nationwide. The rule broadly defines residential property and includes some vacant land and commercial properties. Additionally, the rule’s definition of “non-financed” goes well beyond cash transactions. Some title agents and settlement services firms have voiced concerns that the requirements will only further slow and complicate the already cumbersome closing process.
Alanna.ai’s Smart Forms will now include a specialized form supporting the AML’s mandatory data gathering process that will be required of buyers and sellers and will include automated reminders for form completion and completion of the digital signing process. The process is single-click and is integrated with a cost-effective digital signing process as well.
According to alanna.ai President and Co-Founder, Hoyt Mann, Alanna Sign will help users to comply with the new AML reporting requirements and accelerate what some anticipate will be an otherwise unwieldy process. It will utilize cryptographic technology (public/private key encryption) to bind the signer’s identity and the document’s contents together. Any change to the document after signing will invalidate the signature. Its usage will further demonstrate signer authenticity, prove the integrity of the document and eliminate the possibility of signer repudiation.
“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. “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 alleviating much of the anxiety and stress agents are feeling in advance of December 1.”
In addition to offering the digital signing capability, Alanna offers AI-driven cost estimates. It also delivers other communication capabilities, enabling title agents to immediately respond to questions and gather or request data 24/7/365 via text message or web chat in 133 different languages. The company also recently introduced an AI-driven order entry solution, and also offers solutions that can be used for functions requiring data extraction and processing as well as interactive marketing and customer service tasks.
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