Hapax is a generative AI platform built exclusively for financial institutions, including banks and credit unions of all sizes. Founded in 2024 and headquartered in Austin, Texas, it is designed to help regulated institutions deploy AI safely by combining a proprietary banking-trained LLM with institution-specific data and industry guardrails. The platform is trained on over 200,000 banker conversations, 20,000+ verified banking documents, and millions of pages of regulatory and compliance requirements accumulated over more than a decade. This proprietary data foundation underpins a custom LLM that is distinct from general-purpose models, enabling outputs grounded in banking-specific knowledge rather than generic web text. Hapax supports workflows across three primary domains: compliance (policy drafting, regulatory document generation), lending (workflow acceleration, document analysis), and operations (knowledge management, internal Q&A). A chat assistant and document management hub allow staff to query internal and regulatory knowledge bases. Outputs are designed to be reviewable and explainable to satisfy the audit requirements of regulated environments. In May 2025, Hapax launched Agentic Workflows, a native product that introduces task-specific agents capable of interpreting multi-step objectives, executing sequences of banking-specific actions (such as fraud detection, alert routing, and regulatory filing), and operating within single-tenant, compliance-bounded environments. Agents do not learn from previous runs, preventing output drift from configured parameters. Hapax is an American Bankers Association partner and has also launched the AI Certification for Bankers (AICB), a free self-paced training program for banking professionals seeking to lead AI adoption inside regulated institutions. Pricing is not publicly listed; the company operates on a subscription model with implementation partner support. Key features: - Proprietary banking LLM trained on 200,000+ banker conversations and 20,000+ verified documents - Agentic Workflows: multi-step task automation with single-tenant, compliance-bounded execution (launched May 2025) - Policy and procedure document drafting aligned with institutional tone and regulatory standards - Knowledge Hub and chat assistant for querying internal and regulatory knowledge bases - Industry-specific guardrails ensuring automated tasks stay within each institution's regulatory requirements - AI Certification for Bankers (AICB): free self-paced training program for banking professionals - Fraud detection workflow: transaction analysis, internal alerting, documentation, and regulatory filing in one flow - American Bankers Association partner network membership
Not public (subscription model with implementation partner support; no public pricing page found)