Compliance

Goldman Sachs is teaming up with AI startup Anthropic to develop “AI agents” designed to automate internal banking tasks like trade and transaction accounting, along with client due diligence—the process banks use to verify customers, CNBC reported Friday. Goldman Sachs later confirmed the report, Reuters noted. This shift is significant because it moves beyond simple chat assistants to software capable of handling multi-step tasks independently — something banks have long approached cautiously in tightly regulated areas. These AI agents are currently being trialed for transaction reconciliation, trade accounting, client vetting, and onboarding—tasks that, according to PYMNTS, “have resisted automation for decades” due to strict regulatory demands.