Lucinity

From stopping human trafficking to dealing with artificial intelligence, Lucinity highlights four areas where the financial crime system could use major improvements.

Lucinity writes an article for the Payments Association on the new Consumer Duty rules published by the UK's Financial Conduct Authority (FCA), and its impact on payments companies.

"AI and machine learning tend to be better than humans at convergent thinking. Humans, on the other hand, tend to excel in divergent thinking – the ability to come up with new solutions, underlined by a greater sense of nuance."

In my view, the global technology sector is still influenced by outdated social patterns that disproportionately affect minorities. We should all reflect on how our socialization and underlying beliefs impact our teamwork.

indó, an Icelandic mobile first advanced neo-bank, has selected Lucinity as its AML compliance software, including its Transaction Monitoring and Case Manager solutions.

We are elated to announce that Lucinity is a RegTech100 company! Lucinity was selected as one of the top innovative RegTech companies, transforming the industry and helping financial institutions improve their compliance and risk management functions.

Compliance is essential for a productive and integrated workplace. Charlotte Lowry, MLRO and Compliance Officer from PLEO, and our founder, GK, are huge proponents of how advantageous a culture of compliance is to a business.

Our Founder & CEO, Gudmundur Kristjansson (GK), was interviewed by Robin Amlôt for the IBS Intelligence podcast.

In a recent article by techhq.com, Lucinity's Expert in Financial Crime & Regulatory Transformation, Francisco Mainez, discussed the unique capabilities of Human AI.

We want to make all money good, not just fiat money!

These are exciting times for us who have a passion for better financial services.

If AML professionals get the right software to empower them, they can make financial crime harder and less profitable.

How can we significantly increase the productivity in AML compliance, and use intelligent compliance systems to create a competitive advantage?