How it Works
- Real-Time Fraud Screening: Payments are screened for potential fraud in real time, utilizing Sift's fraud detection capabilities.
- Automatic Payment Holds: Payments suspected of fraud are temporarily held, ensuring verification before processing.
- Streamlined Reviews: Compliance teams can conduct thorough reviews of flagged payments within Lucinity's Case Management solution.
- Risk Level Adjustments: Fraud detection parameters can be customized to adjust sensitivity levels, adapting to emerging fraud trends and risk appetites.
Customer Benefits
Holistic Case Management
Integrating Sift’s fraud detection into Lucinity’s platform provides a single interface for managing both AML and fraud cases, simplifying compliance workflows and reducing the need for multiple tools.
Efficient Payment Decisioning
Compliance teams can make informed decisions on held payments through an integrated user interface, allowing for rapid resolution of cases and minimizing disruption to legitimate transactions.
Customizable Risk Management
The integration allows for the adjustment of fraud detection parameters, enabling financial institutions to tailor the system to their specific risk tolerance and emerging fraud trends.
Udi Nessimyan
President and Chief Revenue Officer of Lucinity
“One of the greatest challenges in fighting financial crime is fragmented systems and data. Our partnership with Sift helps address this challenge by providing a centralized platform for various case types, including AML, fraud, sanctions, and ad hoc cases. Our collaboration significantly enhances the productivity of investigation teams, reducing the time spent on cases from hours to minutes.”
Book a Meeting
Want to learn more about Lucinity and Sift's joint solution? Book a meeting with our team of experts.
