UiPath Launches Agentic AI for Financial Institutions

UiPath, a US-based RPA company, has launched new agentic AI solutions for the financial sector. The company leveraged technology from its acquisition of WorkFusion to automate operational workflows, improve processing speed, and reduce manual tasks in loan intake, onboarding, and QA/QC. The solutions include AI agents for financial crime compliance, sanctions screening, and transaction screening alerts, which can reduce manual processing time per case from 10-20 minutes to 1-2 minutes. Valley National Bank has already automated 61% of sanction-hit reviews using the solution.