indó formally takes a stand against money laundering in partnership with Lucinity
The system uses the latest in data science and technology to find evidence of money laundering in transaction data with unprecedented results.

Each year over $2 trillion are laundered through the world's financial system, usually money that originates in black market activities such as terrorist financing, human trafficking and drug trafficing.

According to indó´s CEO, Haukur Skúlason, a partnership such as this is something that fits well with the concept of indó.
“We see it as a part of our social responsibility to fight money laundering and pursue excellent business practices. That is why we have decided to use Lucinity's services. Through this partnership, we have access to a system that guarantees quality and efficiency in handling safeguards against money laundering."

The financial world has relied on relatively simple rules to screen for money laundering. In recent years the number of fines in relations to AML violations have never been more frequent and the amounts have never been higher.