This report highlights the trends and changes in the enterprise fraud management (EFM) and anti-money-laundering (AML) markets across convergence, data integration, onboarding, risk scoring, and investigation. As a result of the pandemic-accelerated increase in cross-channel fraud and money-laundering activity, EFM, AML, web/cyber fraud management, and transaction monitoring are converging. This report provides actionable guidance in response to these trends for security and risk (S&R) professionals.