Tagged: gudmundur kristjansson

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

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

Arion Bank, Lucinity to Combat Money Laundering

Arion Bank has announced it will implement Lucinity’s technology “to help strengthen its defenses against money laundering and contribute to a safer financial system.” Lucinity’s software solution “uses the latest artificial intelligence technology to detect money laundering and make it easier for financial companies to… Read More

Regtech Firms Lucinity, Hummingbird Secure Millions in Funding, will Further Develop AML Tech to Prevent Financial Crimes

Lucinity, an AML software developer established by a compliance professional who previously worked at Citigroup, has acquired $6.1 million in capital. Meanwhile, Regtech company Hummingbird, which is also an anti-money laundering software developer, has finalized an $8.2 million Series A investment round. Lucinity’s recent round… Read More

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