WorkFusion, a leading provider of AI digital workforce solutions for banking and financial services, today announced that Arthur Mueller has joined the company as its Vice President of Financial Crime. Arthur has spent more than 20 years in anti–financial crime programs across multiple financial institutions (FIs), including UBS, American Express, Commerzbank, and most recently as the AML and Sanctions Officer for Rabobank North America.
WorkFusion’s AI Digital Workers help banks and financial institutions fight financial crime and reduce risk by augmenting existing operations teams in key compliance functions like anti-money laundering (AML), sanctions, customer onboarding, and Know Your Customer (KYC).
“We couldn’t have asked for a more qualified anti-financial crime expert who truly understands our customers’ challenges to join our team,” said Andy Bethurum, WorkFusion’s Global Head of Banking and Financial Services. “Art understands regulators’ expectations, including model risk management in the financial crime space, and how to manage people, processes, and technology across a BSA/AML program. He is a great addition to our stellar FinCrime subject matter experts.”
“I’ve faced the same challenges as WorkFusion’s customers, whether it’s managing the risk and controls in the financial crime program; doing more with less; or, moving quickly enough to address issues like onboarding replacement staff. And on top of all that, ensuring current staff is not getting burned out, which is a real issue in the AML and sanctions space,” said Mueller. “I truly believe the industry needs to innovate and move more to AI and machine learning, and the WorkFusion Digital Workers are a big step in that direction.”
You can read more about Art’s background and his views on how to solve the toughest challenges in banking in this recent Q&A.
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