Case Study: International Money Transfer Firm cuts translation costs by 68% with Smartcat

International money transfer firm cuts spending by 68% with 99% accurate AI translations

International Money Transfer Firm, one of the largest organizations in global money transfer and financial services, needed a better way to manage large volumes of translation work for compliance training, cybersecurity education, video subtitles, and internal communications. Its existing language service providers were slow, inconsistent in quality, and costly due to repeated feedback loops and vendor overhead. The company turned to Smartcat’s enterprise language AI platform to improve flexibility, transparency, and consistency.

Smartcat implemented automated AI-human translation workflows, giving the customer access to vetted professional reviewers, AI-assisted matching, and support for nearly any file format. With Smartcat, the firm reported 68% cost savings, $49,753 in total savings, 99% of translations accepted with no changes, and an average turnaround speed of 951 words per hour. Smartcat helped the company regain control over translation quality and budgets while keeping workflows transparent and scalable.