WorkFusion Rolls Out GenAI-Powered Digital Workers to Help Financial Institutions Fight Financial Crime and De-Risk GenAI
NEW YORK, April 16, 2024 /PRNewswire/ -- WorkFusion, a leading provider of AI regulatory compliance solutions for banking and financial services, today announced that it has rolled out Generative AI (GenAI) enhancements to its pre-built AI Digital Workers that augment anti-money laundering (AML) teams to fight financial crime and support regulatory compliance. The new GenAI capabilities increase automation rates up to 95 percent, reduce the risk of errors to nearly zero, and provide enhanced narratives to enable AML analysts to speed up time to decisions and provide a more detailed narrative to regulators.
- This helps financial institutions leverage the benefits of GenAI without the added risks."
- The addition of GenAI makes AI Digital Workers better by:
Automation rates are now accelerated for WorkFusion's AI Digital Workers. - For AI Digital Workers Evelyn and Tara , the combination of AI and GenAI further reduces error rates to near zero.
- With GenAI, all pre-built AI Digital Workers can go beyond current template-based narratives to LLM summaries.