Carter Bank & Trust streamlines heavily regulated areas like identity verification, adverse media monitoring, and fraud due diligence, with considerable cost reduction.
Within one year of deploying WorkFusion’s Intelligent Automation solution, Carter Bank & Trust had automated over 50 processes, including Anti-Money Laundering and Account Opening & KYC.
The customer also identified 70 more processes where they felt they could unleash trapped value through automation.
In this case study, you’ll learn how Carter Bank & Trust:
Today, RPA software from WorkFusion takes care of 211 processes throughout the bank. Speare estimates the bots save the bank $2.5 million to $3 million a year in labor costs.