Case Study:
Transforming Consumer Banking Compliance Testing with AI

How a financial institution cut costs by 50% and achieved greater efficiency while improving compliance accuracy and speed to market.

Transforming Consumer Banking Compliance Testing with AI (1)

Regulatory testing across CFPB, TILA, GLBA, and CCPA once consumed months of manual work for this mid-size financial institution. Partnering with Kolena, they replaced bottlenecks with automation, achieving 100x greater coverage, 50% lower costs, and faster time-to-market for new financial products.

This case study reveals:

  • 💰 50% cost reduction: Annual testing expenses dropped from $800K to $400K.
  • 📈 100x scalability: Coverage expanded from 50 to 5,000 accounts.
  • 🤖 AI-driven accuracy: Automated validation ensured consistent, auditable compliance.
  • Faster innovation: Reduced review cycles accelerated product launches.
  • 👩‍💻 Smarter teams: Efficiency gains freed compliance experts for higher-value work.

Download now - see how Kolena’s AI Compliance Testing Agent redefined accuracy, scale, and speed.

 

 

 

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