Press

The Bank of International Settlements (BIS) Innovation Hub Nordic Centre and Lucinity have partnered on an innovative initiative called Project Aurora. Project Aurora aims to tackle the global challenge of money laundering in cross-border transactions.

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."

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

In February 2023, the Financial Conduct Authority (FCA) published a Synthetic Data Feedback Statement that Lucinity contributed to. Read further for a summary of Lucinity's perspective on the challenges and opportunities of using synthetic data, specifically within financial crime.

In a recent article, Theo Normanton from Waters Technology expands on the use of Privacy Enhancing Technology (PET) and Data Pooling in the fight against financial crime.

This month, IBS Intelligence published a 2023 lookahead, sharing the top predicted trends that this year has in store for us.

Lucinity's Founder and CEO, Gudmundur Kristjansson (GK), writes an article for Reuters Regulatory Intelligence about combatting financial crime in 2023 through AI and machine learning.

Arion joins a group of global banks and financial technology companies using Lucinity's anti-money laundering (AML) software solution.

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

TechRound interviews Lucinity's Founder and Chief Executive Officer about his story of why and how he founded Lucinity.

Our founder, GK, talks to Cris Crespo from Nordic Fintech Magazine about his inspiration for starting Lucinity and why it's so important to bring humans and AI together.

The right technology makes AML processes more productive and efficient

FIs such as the European Banking Authority (EBA) have called for a better data-sharing framework to combat financial crimes

Cross-border trade in the post-pandemic world offers enterprise-level companies opportunities as well as challenges.

KYC and AML have enormous potential locked away behind a lack of productivity for those fighting financial crime.

VentureBeat lists Lucinity among 10 notable companies making strides in AI innovation.

Human trafficking, slavery, and terrorism are horrible problems. And they are too big for institutional egos.

"It’s so important we push technology to the frontline, as our chief weapon against money launderers. In doing so, it can also act as the critical bridge between banks and regulators across the world."

"Money laundering is too big for anyone, or anyone tool, to solve it in isolation."

GK, the CEO Of Lucinity, discusses Human AI, Outdated AML, and Crypto’s Impact on Money Laundering in a RegTech Global interview.

Lucinity's Justin Bercich had a virtual sit down with Simon Taylor to discuss the role that AI and Human AI will play in shaping the 2020s!

Founder and CEO GK had a virtual sit down with Toby Babb to discuss Lucinity’s journey and ambitions.

Brainpool, the worldwide network of leading Artificial Intelligence and Machine Learning experts, just released a blog on Lucinity.