Our highly skilled and experienced AI-enabled Digital Workforce enables your organization to be more productive, with a better employee experience and improved customer satisfaction.
Learn more
Our highly skilled and experienced AI-enabled Digital Workforce enables your organization to be more productive, with a better employee experience and improved customer satisfaction.
Learn more
The ROI of a Financial Crime AI Digital Worker
Global financial crime compliance costs for financial institutions total more than $206 Billion according to the 2023 LexisNexis Risk Solutions Study. These hard costs are compounded by the confluence of complexities facing financial crime compliance organizations, including keeping up with industry regulations, high attrition/low recruitment rates, increased sanctions, and doing
The ability to efficiently and accurately screen real-time payments is essential for financial institutions and compliance operations. The arrival of AI and machine learning has revolutionized this landscape, offering solutions that not only enhance efficiency but also elevate the quality and consistency of the screening process. One of WorkFusion’s groundbreaking
How IDP Solutions Will Tap Into ChatGPT-4V
To understand the capabilities of ChatGPT-4V (aka GPT-4V), a bit of context is needed around LLMs and multimodal LLMs. Large language models (LLMs) like the original version of ChatGPT, based on the GPT-3.5 architecture, are designed to process and generate human-like text. Most current LLMs are text-only, meaning they excel
Automation Academy Rolls Out LLMs for Better User Experience
Since 2017, more than 50,000 people have attended WorkFusion’s Automation Academy. Automation Academy is a learning management system that offers courses on how to use our products to WorkFusion customers and provides education to WorkFusion employees as part of their onboarding. While most of Automation Academy’s 50-plus courses and hundreds
The Unvirtuous Cycle of Staffing Challenges for Financial Crime Compliance Teams
Employee retention and staffing issues are becoming business as usual in financial crime compliance, according to a new report, Technology Transformation in Financial Crime Compliance, from WorkFusion and Celent. The research found that staff shortages and employee retention are perennial issues that create an unvirtuous cycle for financial crime compliance teams,
Financial Crime Developments, Resources and Stories: October 2023 Edition
Welcome to the October 2023 summary of news you can use as your bank or other financial institution attempts to stay up to date on the world of BSA/AML/CFT compliance. This is the second in our monthly series of curated news about developments, resources and stories that shed light on
4 Key Takeaways from ACAMS Las Vegas 2023
ACAMS Las Vegas was held last week and provided a lot of great insights and strategic thinking around financial crime fighting and related regulatory compliance for the BFS industry. We found that the most significant takeaways arose from four areas: Mariah Gause, CAMS, Interim CEO and Chief Operating Officer at ACAMS,
Overcoming AML Transaction Monitoring Challenges with AI
Transaction monitoring (TM) is a process that identifies suspicious behavior indicating money laundering or other financial crimes that occur after a transaction is made by a person or an organization. It is a requirement for anti-money laundering/countering the financing of terrorism (AML/CFT) programs globally and is a critical tool for
Modern AML Problems Require Modern AML Solutions: 5 Reasons to Break the Innovation Stalemate
Financial criminals are constantly innovating. The same can’t be said of financial institutions (FIs). There has been an unsustainable status quo within AML and Sanctions compliance. There are financial crime problems today that existed 15-20 years ago, and banks and financial services companies (BFS) have been slow to find innovative
Search Results: Discover the new faceof Intelligent Automation Contact Us
Discover the new face
of Intelligent Automation
ork.AI
