WorkFusion Webinars

Join WorkFusion experts and leading analysts to learn how automation solutions transform business operations and accelerate the world’s transition to more meaningful work.

On-demand webinars

GenAI and the LLMs that support it have absorbed the mindshare of the AI market. While it offers tremendous upside, its associated risks keep many financial institutions from fully utilizing its power. To best achieve the promised value – particularly in regulated industries – organizations need to not only seek the benefits but mitigate the risk. By combining the best of LLMs but complementing it with other AI approaches and orchestration that incorporates people, innovative leaders are on the path of GenAI without the risk.

In this webinar you will learn:  

  • How to use GenAI without risk for AML compliance
  • Best practices to harness the power of GenAI
  • Real world examples of financial institutions using GenAI + traditional AI + people

Technology is no longer just IT’s responsibility. Technology now drives innovation, transformation and productivity within the business. With most banks now either using or exploring AI, the key to fully leveraging AI’s power effectively lies in its successful integration with people, process, and technology. How can IT and business come together to select the right technology to drive improvements in productivity and ensure that compliance departments can better manage risk and add value to the business?

Join us for this webinar to learn:

  • How to drive alignment between the business and technology sides of the house
  • Best practices and common pitfalls for integrating and deploying new technologies
  • Why AI is not just beneficial, but essential for the future of financial crime compliance

Technology improvements have long been the path for human advancement, with Artificial Intelligence (AI) being the latest technology driving optimism (and skepticism) of what lies ahead. Per Forrester’s report “Operational Processes Will Be The Near-Term LLM Sweet Spot,” AI is already and increasingly looked at to increase the automation of internal processes and improve operational efficiency and effectiveness. AI in the form of autonomous workplace assistants (AWAs) and AI Digital Workers – such as with Onboarding and KYC in Banking – simplify the discussion of how AI can be adopted and the implementation of AI itself, which has accelerated with the availability of Large Language Models (LLMs) and Generative AI. This webinar will help describe examples of AWAs and AI Digital Workers, why they are so impactful, and how the market can use them to put AI to work.

Financial crime continues to soar. In 2022, Suspicious Activity Reports (SARs) increased 57% from pre-pandemic and the number is only expected to rise this year. Additionally, Interpol listed money laundering as the number one crime threat in its first-ever Global Crime Trend.

From the pandemic to the dramatic increase in sanctions to bad actors getting more sophisticated – financial crime-fighting has changed so much in a short period of time. The roles, processes, and technologies used to combat financial criminals have also evolved. Even the attitudes of regulators have changed in recent years. But where is it all headed and what can we learn from the past?

Join us for this expert panel of powerhouse women in FinCrime as they discuss the evolution of fighting financial crime – and what comes next:

  • How FinCrime has changed and where it is going
  • What new tools and techniques are being used
  • Advice and lessons learned throughout their careers
  • How AI is being used to innovate compliance operations

This year is only half over and according to the headlines, it’s already been a wild ride in the financial crime compliance industry. Multiple bank failures, cryptocurrency exchange failure/scandal, and the warp speed adoption of Artificial Intelligence (AI) have made this year busy for compliance officers.

The fear of entering a recession can drive companies and individuals to make decisions they normally would not. How can we as individuals and compliance officers brace ourselves and contribute to a stable economy? How can we, as compliance officers, balance the need for revenue and comply with the risk appetite in your firm?

In this session, panelists discuss these questions and more, including:

  • A review of FinCrime compliance events that have happened thus far in 2023
  • How AI is impacting our products, lives, and jobs
  • How to utilize your FI’s risk management system

The fundamental blueprint for KYC has led to a substantial amount of labor with an incongruous mixture of mind-numbing routine review and the fear of the consequences of missing critical incidents. It has been stubbornly difficult to automate these tasks due to the high variability, unstructured information, research, outreach, and judgment – until now. Perpetual KYC (or pKYC) has been discussed for years. If done right, it has the potential to greatly improve on the status quo, with PwC estimating upwards of 60-80% cost savings, not to mention other benefits like fewer touchpoints, faster customer responses, and stronger employee experience. Join this session to learn:

  • Why manual, periodic KYC is such a problem
  • What it means to transition from a traditional, periodic KYC model to a perpetual, continuous, and dynamic approach to KYC driven by AI and automation
  • How continuous monitoring can surface true risks that impact the business