Tagged: financial crime prevention

AI-Powered SaaS Firm Lucinity Introduces New Solutions for Financial Crime Prevention

June 8, 2023 @ 10:16 am By Omar Faridi |

Lucinity, a “pioneering” AI SaaS company specializing in financial crime prevention, introduced Luci. This product is “a copilot powered by advanced generative AI, designed to significantly enhance the productivity of teams working to prevent financial crimes.” By rendering complex data into understandable insights in real-time,… Read More

Read more in: Artificial Intelligence, Fintech, Regtech & Legaltech | Tagged ai, arion bank, artificial intelligence, financial crime prevention, gudmundur kristjansson, lucinity, saas, software as a service

Online Fraud: Banks Now Getting Better Grip on Fraudulent Activities, But Issue Still A Threat to Businesses, SEON Report Claims

June 6, 2023 @ 11:59 am By Omar Faridi |

Online fraud and financial crime prevention platform SEON has released its latest ‘Global Banking Fraud Index’, which analyzes “the cost of fraud to banks and other financial institutions around the world in 2023.” Notably, the new review by SEON highlights the following: The value of… Read More

Read more in: General News, Fintech, Global | Tagged banking, financial crime, financial crime prevention, financial institutions, fraud, fraudulent activities, online fraud, research, Research Report, Research Study, SEON, Tamas Kadar