Lucinity and Trustly Partner For Financial Crime Prevention By CIOTechOutlook Team

Lucinity and Trustly Partner For Financial Crime Prevention

CIOTechOutlook Team | Monday, 11 December 2023, 11:43 IST

Lucinity, a leading provider of advanced financial crime prevention solutions, has partnered with Trustly, an innovative online payment solutions provider. Trustly's integration of Lucinity's cutting-edge technology to improve the resilience and effectiveness of its financial crime prevention operations marks a key milestone in the financial technology landscape.

Lucinity's sophisticated AI-driven solutions, known for their capability to detect and mitigate financial crimes, will empower Trustly to bolster its defense mechanisms against evolving threats in the financial industry. By leveraging Lucinity's expertise, Trustly aims to fortify its commitment to maintaining the highest standards of security and compliance, as per Lucinity

"We are excited to join forces with Trustly to further strengthen the defenses against financial crime. Lucinity's technology is designed to adapt to the ever-changing landscape of illicit activities, providing Trustly with a robust shield to safeguard its operations," said Gudmundur Kristjansson, Founder and CEO of Lucinity.

Trustly, known for its innovative and secure payment solutions, understands the critical need of staying ahead of financial crime. The collaboration with Lucinity matches with Trustly's commitment to offer its users with a secure and smooth experience.

The combination of Lucinity and Trustly demonstrates their mutual commitment to excellence and innovation in the financial technology sector. As both organizations expand, this collaborative initiative is poised to set new standards in the battle against financial crime.

Lucinity is a pioneer in artificial intelligence software for financial crime compliance. The Lucinity platform, known for its ease of use, leverages advanced AI to give quick, unambiguous insights, improving efficiency and decision-making.