InsurTech Magazine August 2025 | Page 62

“ A lot of clients are trying to understand what quantum is and how to apply it,” Ashish says.
Work Fusion partnership strengthens Mphasis fraud detection capabilities The company’ s approach to financial crime prevention leverages a strategic partnership with Work Fusion: a platform provider focused on intelligent automation and AI-driven solutions. This collaboration combines Mphasis’ s domain expertise with Work Fusion’ s technology platform to address specific challenges in fraud detection, know-your-customer processes and customer due diligence.
Mphasis has developed capabilities in fraud detection over two decades, building expertise in financial crime prevention before the advent of modern AI technologies. The partnership with Work Fusion enables the company to apply this experience to contemporary challenges whilst utilising advanced AI capabilities.
“ We’ ve been working in the fraud space for more than two decades now,” Ashish says.“ We have a strategic partnership with a platform provider called Work Fusion. We bring the domain and process expertise to a platform built on Gen AI and cutting-edge technology.”
62 August 2025