Go.Abacus @HeyAbacus

Great seeing the Texas banking community come together in Dallas! Jacob Nolen and Adnan Aldaas had a blast at the @texasbankers, connecting with other members, swapping ideas, and discussing what AI can do for banking. They brought an example of The Go1™, which brings AI on-premises, so banks can move fast without putting customer data or regulatory compliance at risk. Just plug it into an ethernet cable and you’re up and running with fast AI for up to 2,000 users in just 15 minutes. If you were there and we didn’t get a chance to chat, we’d love to connect.

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Walk into any bank's compliance department at 7 PM and you'll see a handful of analysts hunched over keyboards, drafting SAR narratives. They're pulling facts from a case file open in another tab. Cross-referencing transaction details. Choosing language carefully because the document is going directly to FinCEN. Each narrative takes between ninety minutes and three hours. Multiply that by the number of SARs your institution files monthly and you have a picture of where your compliance budget is actually going. Here's how you can optimize this: goabacus.co/blog/why-compl…

@EnterprisesCoco It's already available!

Introducing the Go1, AI hardware that sits on-site for up to 2,000 users. No cloud. No compliance trade-offs.

Go Abacus’ model is 99.5% accurate! Here’s how our AI-powered tools work for BSA officers, investigators, and compliance teams: - Real-time transaction monitoring across core banking, card platforms, and digital channels - Cross-system correlation that surfaces suspicious linkages - Intelligent alert prioritization - Pre-populated SAR and CTR filings with full audit trails More on how to improve your AML Transaction monitoring: goabacus.co/aml

Of the roughly 58 hours a week the average physician works, only 27.2 are spent on direct patient care. The rest is consumed by documentation, order entry, and a labyrinth of tasks that have nothing to do with healing. For hospitalists, who carry some of the heaviest inpatient loads in the system, that math is hard to swallow. To learn how AI can help ease this burden, read more from Dr. Sunny Pattar. goabacus.co/blog/27-hour-p…

@kushika_twt Disagree. Local AI is much more affordable. There's an upfront cost for the hardware, but after that, you can have unlimited tokens.

@FluentInFinance Irregardless of the pricing, AI tools are only as good as the humans behind them. When used properly they make us more efficient, but companies never should have laid off their staff in the first place.

If you're in charge of compliance at a highly regulated company, the first thought that comes to mind when you hear AI probably isn't opportunity. It's risk. Who has access to the data? What happens if an employee pastes something sensitive into the wrong tool? How do we explain this to an auditor? Most AI tools marketed right now are built for speed and convenience, not for the compliance requirements of a bank, a hospital, or an insurance carrier. And every time a staff member uses one, your data leaves your building. Now, you might have heard that local AI is safer than foundation models, but is that true? Read to learn more. goabacus.co/blog/why-local…

Go Abacus saves compliance teams an average of 5 hours per employee, per week through - Intelligent alert prioritization - Pre-populated SAR and CTR filings - And shared investigation workspaces If you want your BSA officers to focus less on admin and more on investigations: goabacus.co/aml

@SpirosMargaris Our solution has been to create an appliance called The Go1 that lets companies set up their AI systems in just 15 minutes. There is an upfront cost for The Go1 but after that there's unlimited queries for a fixed monthly cost, making it more affordable in the long run.

@PeterL4e Agree! We work with a lot of regulated industries who are already navigating this. And the boards that get it right will also move much faster because of it.

On May 1, Federal Reserve Vice Chair Michelle Bowman stood up at a Financial Stability Oversight Council roundtable and said something model risk teams have been quietly working around for two years. The Fed, OCC, and FDIC have amended their model risk management guidance. It no longer applies to generative or agentic AI. Read more to learn how this affects your company. goabacus.co/blog/fed-sr-11…

Welcome to Go Abacus, Liam Wilson! Liam just graduated recently from Loyola University with a double major in history and software engineering. He’s been at Go Abacus for a little over a month now on our client advisory team, where he’s focused on streamlining tech support as we bring on lots of new clients. A few things you should know about Liam: he’s lived in Japan and speaks Japanese. He’s also a devoted Amtrak guy. If there’s a train that goes there, he’s on it. We’re thrilled to have you with us!

@mardehaym A simple solution that nobody really talks about is to invest in on-prem AI.

@MadisonMills22 Wish more companies knew about on-prem AI. Yes, there's an upfront cost, but it's a capital expense, not a recurring one. After that, you're looking at a fixed monthly fee with unlimited queries. It's a much better deal than these cloud-based AI vendors.

We're hosting a Lunch & Learn in Denver on June 3rd to discuss how regulated industries can use AI safely and securely. Go Abacus CEO David Moscatelli and Mariano Apodaca will be leading the discussion, and space is intentionally limited to foster meaningful dialogue and questions. Grab a spot before it fills: luma.com/qp01ch1h

@edzitron Better to invest in local AI. That way you get unlimited queries for one fixed monthly price.

CEO David Moscatelli just demoed The Go1™ live at @Finovate Spring. The Go1™ is a first-of-its-kind AI appliance device. Take it out of the bog, plug it in, and you have fully operational on-prem AI. There's zero data egress, up to 8 NVIDIA GPUs, SOC 2 Type II and ISO 27001 certified, supports up to 2,000 users, and has a flat monthly fee. Thanks for having us Finovate! To schedule your own personal demo: goabacus.co/go1

@edzitron This is increasingly becoming a big problem for companies. You can't become reliant on these large AI cloud providers if your tokens are going to be cut off or you have no transparency into pricing. Better to invest in on-prem AI with unlimited queries.

@JorgeCastilloPr First of all, AI is not about replacing humans. It's about freeing up their time for more important tasks. Secondly, cloud AI systems are going to be rapidly increasing prices. It's more affordable to invest in an on-prem AI with a fixed monthly cost and unlimited queries.