Information Technology
Lucinity Partners with Sift for Unified Fraud and AML Case Management
Sift's AI-powered solution will now be integrated into Lucinity's platform. This collaboration enhances Lucinity's ability to provide a seamless and efficient compliance solution. It allows teams to review and manage fraud alerts more effectively through Lucinity's unified system, thanks to the native integration between the systems. Key benefits to Lucinity's users include:
This partnership also enables users to leverage Lucinity's Generative AI capabilities through the to investigate fraud cases more efficiently.
Udi Nessimyan, President and Chief Revenue Officer of Lucinity, comments, "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."
Sift's Chief Marketing Officer, Armen Najarian , emphasizes the collaborative effort to enhance financial crime prevention, stating, "Cybercriminals are increasingly leveraging AI to bypass traditional anti-money laundering and fraud controls, creating sophisticated and dynamic threats. To combat these evolving risks, companies must adopt a 'fight fire with fire' approach by leveraging AI-powered solutions. Through Sift's partnership with Lucinity, businesses can stay ahead of fraudsters, ensuring robust protection against abuse and enabling fearless growth."
https://sift.com
https://lucinity.com
Celina Pablo
celina@lucinity.com
+354 792 4321
View original content: https://www.prnewswire.co.uk/news-releases/lucinity-partners-with-sift-for-unified-fraud-and-aml-case-management-302253487.html