UiPath pushes deeper into financial services with WorkFusion acquisition
UiPath, the Romanian unicorn, has agreed to buy WorkFusion, bringing a specialist in AI agents for financial-crime compliance into its fold as part of a broader push into agentic automation for the banking sector. The deal closed in UiPath’s first quarter of fiscal 2027; financial terms were not disclosed. WorkFusion’s software focuses on repetitive and resource-intensive parts of compliance work, from customer screening and anti-money-laundering (AML) checks to know-your-customer (KYC) investigations. “Financial institutions need intelligent solutions to combat sophisticated financial crimes and navigate evolving compliance requirements,” said Daniel Dines, CEO of UiPath. Those capabilities now sit alongside UiPath’s existing automation…This story continues at The Next Web [...]
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