Recognition as a leader in financial crime compliance, plus being named a category winner, underscore the value WorkFusion delivers to banks and financial institutionsNEW YORK, March 27, 2025 /PRNewswire/ -- WorkFusion, a pioneer in AI agents for financial crime compliance (FCC), today announced that it has been recognized as a significant financial crime compliance technology leader in the Chartis Financial Crime and Compliance50 2025 Awards and Ranking. In addition, Chartis has named WorkFusion the Category Award Winner for Workflow Automation.Chartis is a research and advisory firm that supports tech vendors and financial services firms in the areas of risk, compliance and RegTech."WorkFusion's unique and innovative approach to financial crime detection and automation is yielding impressive results," said Nick Vitchev, Research Director at Chartis. "Its application of AI agents, futuristic yet highly practical, can help organizations overcome the bottlenecks created by inefficient processes."WorkFusion CEO Adam Famularo said, "Three years ago we set out to help modernize financial crime compliance with purpose-built AI Agents to do the mundane and error-prone work of Level 1 analysts. This recognition from Chartis demonstrates our continued leadership in helping banks and financial institutions improve operational efficiency with AI Agents to increase staff capacity, reduce outsourcing/contractor costs, ensure consistency/quality of reviews, and improve compliance posture."WorkFusion's leadership in providing banks and FIs with AI Agents that ease the burden of FCC compliance continues to gain recognition among technology and financial industry experts. Additional expert assessments that have recognized WorkFusion's solutions prowess include being named a Category Leader in the Chartis RiskTech Quadrant® for KYC Solutions 2024 and recognized as a Leader in Everest Group's Banking-specific IDP Products PEAK Matrix® Assessment 2024.Chartis assessed the WorkFusion platform as well as the WorkFusion AI Agents for FCC, by reviewing and analyzing in-depth product information, live demonstrations of WorkFusion AI Agents for FCC in action and interviews with WorkFusion product experts.About WorkFusionWorkFusion is a pioneer in AI agents for financial crime compliance (FCC). Its AI Agents are purpose-built workers that augment compliance teams in Level 1 analyst functions for anti-money laundering (AML), adverse media monitoring, sanctions screening alert review, Know Your Customer (KYC), and transaction monitoring investigations (TM)

NEW YORK, Nov. 4, 2024 /PRNewswire/ - WorkFusion, a pioneer in AI agents for financial crime compliance, today announced the appointment of David Caruso as Vice President of Financial Crime Compliance.