Liftoff with Jeanniey Walden
Vince Walden of Kona AI on the Digital Workforce, Agentic AI, and the Future of Compliance
Who’s on this episode
Hosted by Jeanniey Walden, founder and host of Liftoff with Jeanniey Walden.
What you’ll learn
- What an agentic-AI digital assistant actually is.
- Whether digital assistants replace, supplement, or automate teams.
- Three pieces of advice for compliance leaders adopting AI.
- How to show a CFO the value of a digital assistant.
- Where compliance is ripe for transformation right now.
- Whether to build your own AI agents or partner with experts.
Episode highlights
- 00:44Meet Vince Walden of Kona AI
- 01:09AI everywhere: show it, don’t just talk about it
- 01:30What a digital assistant actually is
- 02:22Replacing, supplementing, or automating teams?
- 02:52The ripe opportunity: repetitive keyboard tasks
- 03:38Three pieces of advice for compliance leaders
- 05:03How to show a CFO the value
- 06:07What’s next for the compliance leader
- 06:53Where agentic AI is transforming compliance
- 07:24Whistleblower hotlines, the DOJ, and monitoring culture
- 08:25Build your own agents or partner with experts?
- 09:41Wrapping up in Miami
Episode summary
Jeanniey sits down in Miami with Vince Walden, CEO of Kona AI, a Covasant company, for a conversation about a topic a little different from marketing but just as important: the digital workforce. Vince admits he made a New Year’s resolution not to talk about AI unless he could actually show it, since there is far too much talk and not enough demonstration, and here he is breaking his own rule. Kona AI, he explains, is a risk and compliance transformation SaaS company that builds digital assistants, which are really a whole set of agentic AI agents working together around a professional’s tasks, whether that person works in compliance, finance, or procurement. The point is not to replace the human but to help them do more with less, handing the mundane, repetitive work to the assistants, powered by models from OpenAI, Claude, and Google Gemini, so people can focus on value-added work.
Are these assistants replacing teams, supplementing them, or automating the low-level work? A bit of everything, Vince says, though Kona is not seeing staff reductions, just fewer lower-level new hires, because any team of ten or twenty people doing a repetitive keyboard task, in any industry, is a ripe opportunity for agentic AI. For compliance leaders wondering how to start, he offers three pieces of advice: begin with your risk assessment and the low-hanging fruit rather than doing AI for its own sake, and don’t try to boil the ocean; shift from a reactive program to proactive continuous controls, with policies and rules built right into the code and the agents so you don’t have to audit them; and keep it simple, focused on return on investment, finding hidden money, and enabling your team. The days of asking a CFO for ten more people are gone, he notes, because the first question back will be whether you have considered digital assistants and agentic AI first.
The case to a CFO, Vince says, is that business is moving faster than governance can keep up, so you need agents working around the clock with policy in the code to flag issues proactively rather than people chasing failures after the fact. Looking ahead, he is an optimist, and he thinks it is a really good time to be a risk and compliance officer, with transformation underway across third-party risk management, export controls amid tariff and sanctions changes, fraud and anti-corruption, and transaction monitoring. The biggest demand he sees is in monitoring culture and whistleblower hotlines, as the US Department of Justice encourages companies to surface issues through self-reporting; agentic AI can watch hotlines, exit surveys, defects, and email systems for spikes and risk indicators that no human could track alone. On whether to build or partner, Vince argues most companies should partner, because even Fortune 500 and big tech firms find their AI people are focused on their own products, not the compliance department, and building compliance agents takes real domain expertise, his own being a decade as a white-collar-crime investigator at a big-four firm. Outsourcing the build frees up IT while still letting companies deploy the agents in-house, behind their firewall.
Key takeaways
- 01:30 A Kona AI digital assistant is a set of agentic AI agents working together on a professional’s day-to-day tasks; it’s about doing more with less, not replacing people.
- 02:22 Kona isn’t seeing staff reductions, but fewer lower-level new hires, because repetitive work can be handled by digital assistants.
- 02:52 Any team of ten to twenty people doing a repetitive keyboard task, in any industry, is a ripe opportunity for agentic AI.
- 03:38 Three tips for compliance leaders: start with your risk assessment and low-hanging fruit (don’t boil the ocean), shift from reactive to proactive continuous controls with policy built into the code, and keep it simple with a clear ROI.
- 04:43 The days of asking a CFO for ten more people are gone; the first question back will be whether you’ve considered digital assistants and agentic AI first.
- 05:03 The CFO case: business moves faster than governance, so you need agents running 24/7 with policy in the code to flag issues proactively, not people chasing failures.
- 06:53 Compliance is ripe for transformation across third-party risk, export controls (amid tariff and sanctions changes), fraud and anti-corruption, and transaction monitoring.
- 07:24 Demand is surging for monitoring culture and whistleblower hotlines as the DOJ encourages self-reporting; agentic AI can watch hotlines, exit surveys, defects, and email for risk spikes no human could track.
- 08:25 Even Fortune 500 and big tech companies partner with Kona AI, because building compliance agents needs domain expertise their product-focused AI teams lack, and outsourcing frees IT while deploying behind the firewall.
Questions people ask
Who is Vince Walden?
Vince Walden is the CEO of Kona AI, a Covasant company, and a longtime fraud and compliance expert who spent a decade as a white-collar-crime investigator at a big-four firm.
What is Kona AI?
Kona AI is a risk and compliance transformation SaaS company that builds digital assistants, teams of agentic AI agents, to help compliance, finance, and procurement professionals do more with less.
What is a digital assistant?
A digital assistant is a set of agentic AI agents working together around a professional’s day-to-day tasks, handling mundane, repetitive work so the human workforce can focus on higher-value work.
Do digital assistants replace jobs?
Vince says it’s a bit of everything, but Kona is not seeing staff reductions. Instead there are fewer lower-level new hires, and the goal is to help teams do more with less.
How should a compliance leader start with AI?
Start with your risk assessment and low-hanging fruit rather than doing AI for its own sake, shift from a reactive program to proactive continuous controls with policy built into the code, and keep it simple with a clear return on investment.
Should companies build their own AI agents or partner with experts?
Vince argues most companies should partner, because building compliance agents needs domain expertise that product-focused AI teams lack, and outsourcing the build frees IT resources while still deploying behind the company’s firewall.
Full transcript
Jeanniey Walden: We’re here with Vince Walden from Kona AI, a Covasant company, and we’re talking about something a little bit different, but just as important as all the conversations we’ve had around marketing, and that is the digital workforce. Everybody’s talking about AI and how it’s impacting their brands. How’s it impacting the workforce?
Vince Walden: It’s funny, there’s so much talk about AI at every conference. I made a New Year’s resolution this year to not demonstrate or talk about AI unless I could actually show it, because there’s way too much talk and not enough actual demonstration. And here we are, I’m not demonstrating, so I’m breaking my own rule. But workplace transformation is huge. At Kona AI, we are a risk and compliance transformation SaaS company, and what we’re building are digital assistants. Now what’s a digital assistant? It is a whole bunch of agentic AI agents working together around various tasks. For a compliance professional, it’s a digital assistant for that. For a finance or procurement professional, it’s a digital assistant for their day-to-day tasks. It’s not about replacing the human, it’s about giving them more and helping them do more with less. And these digital assistants are quite impressive given the technologies with OpenAI, Claude, and Google Gemini. It’s amazing what we can do for a lot of the mundane, repetitive tasks so the workforce can focus on the value-added work.
Jeanniey Walden: You talk a lot about these digital assistants for teams throughout risk and compliance. Are they replacing the teams people have, supplementing them, or just automating the lower-level work that takes people’s time?
Vince Walden: The honest answer is a little bit of everything. However, we are not seeing reductions in staff. We’re not seeing a lot of new hires, especially at the lower levels, because a lot of those can be looked at with digital assistants. The key, regardless of your industry or business sector, is that if you’ve got ten or twenty people doing a repetitive task on the keyboard over and over again, that is a ripe opportunity for agentic AI and the digital assistants that support it. Regardless of your industry, if you’re doing a repetitive task, you really need to think about how agentic AI can be used to improve productivity.
Jeanniey Walden: From a compliance standpoint, the focus on brand health, brand security, and workplace compliance has a lot of elements to it, and I know a lot of compliance leaders are questioning how to best adopt AI. What three pieces of advice do you give a compliance leader on what they should be doing with AI immediately?
Vince Walden: First, start with your risk assessment and focus on the low-hanging fruit. There’s no sense in doing AI for the purpose of AI. It’s got to add value, do something, and be based on something important to the CEO, the CFO, or the culture of the company. So start with your risk assessment and do something that matters but isn’t too overwhelming. Don’t boil the ocean. The second thing is to shift your program from a reactive response type of program to a proactive, continuous-controls program. There are a lot of things you can do, like building the policies into the code and building the rules and controls into the actual agents, so you don’t need to audit them, it’s just part of the code. So look forward, don’t just look back. And the third is keep it simple. Think about return on investment, finding hidden money, doing more with less, and enabling your team with these digital assistants. Gone are the days when you can go to your CFO and ask for ten more people to help with a process. The first thing that CFO is going to ask the compliance officer is, “Have you considered digital assistants and agentic AI before I go approve these ten new people?” And you’d better have that answer before you go.
Jeanniey Walden: That’s a great point with a CFO. How does a risk and compliance leader have a conversation to show the value of a digital assistant to a CFO?
Vince Walden: Business is moving fast, and the controls we had in place yesterday are not sufficient going forward. The business landscape is constantly changing, new risks are emerging, and your people are using agents and digital assistants at paces faster than you can keep up with from a governance perspective. You need to be more flexible and think differently. Having people chase responses, controls, or failures isn’t going to work anymore. You need these agents working 24/7 with policy in the code, as I mentioned, to flag what’s not responsive or what’s an issue proactively, not reactively. You have to do it to keep up with the business and run an effective compliance program aligned to your policies.
Jeanniey Walden: At Kona AI you work with so many businesses and see everything. You’re seeing companies use digital assistants to find hidden money, identify issues or opportunities in employee engagement studies, and build their business in ways they couldn’t before. What do you think is going to happen over the next six months for the compliance leader? Do you think they’ll move up inside the business as an area that establishes trust between employee and employer?
Vince Walden: I do. I’m an optimist by nature, but I’m excited for our industry. It’s a really good time to be a risk and compliance officer, go figure. It’s so ripe for transformation right now, from every component of a compliance function. We’re seeing big transformations in third-party risk management, which is traditionally very labor intensive and expensive. We’re seeing a huge amount of use cases in export controls, and given all the tariff changes and everything going on with the global marketplace, export controls and regulatory alignment with sanctions are completely ripe for disruption and the use of agents. Fraud risk management, anti-corruption, looking at transactions. Most importantly, we’re seeing huge demand in whistleblower hotlines and monitoring culture. The DOJ, the US Department of Justice, is really encouraging companies to speak up and raise issues before they go, as part of a self-reporting whistleblower program. A compliance professional wants to make sure their employees are happy, not going to the DOJ first, that they can speak up within the company and feel safe. Monitoring that culture is important, because if you’ve got a rogue employee or group of employees in some country or business unit that you’re not seeing, that scares the heck out of compliance officers. Being able to monitor your whistleblower hotline, employee exit surveys, defects, and email systems for spikes or risk indicators, that’s what agentic AI does. No human could ever spend that much time and digest that much information. A dashboard can monitor it very well and cost effectively.
Jeanniey Walden: Last question. Can companies build their own AI agents, or should they partner with experts that have more established LLMs built with the rules that make sure the digital assistants work as effectively as possible?
Vince Walden: It’s funny, in a perfect world every single Fortune 500 company has developers and in-house development capabilities. The problem I see, and we’re working with Fortune 500 companies, even some of the biggest tech and AI companies in the world, is why are we working with AI companies? Mainly because their AI people are focused on their product, not on improving the compliance department, so they can’t get the resources. My background is that I was a white-collar-crime investigator for a big-four firm for a decade. You need domain expertise to build the systems for compliance and build those agents. Being able to outsource that build frees you up and doesn’t require IT resources. Companies are coming to us at Kona AI to build those specific compliance-related agents so they can deploy in-house, behind their firewall.
Jeanniey Walden: Amazing. This was such an interesting conversation, and I can’t wait to follow and see where these digital assistants show up. Thanks so much for being on the show.
Vince Walden: Thank you, Jeanniey. It’s great to be here in lovely Miami. I’ve got the pink shirt on, trying to fit in.
This conversation was recorded for Liftoff with Jeanniey Walden and lightly edited for readability.
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