Currencycloud, the experts simplifying business in a multi-currency world, has contracted Lucinity to provide its Actor Intelligence solution as its latest compliance innovation, adding to their compliance solutions by helping to identify issues around money laundering.
Actor Intelligence allows compliance professionals to monitor customer behavior efficiently and better understand various risk parameters for all customers. Further to that, continuous risk scoring will substantially increase productivity and coverage in fighting financial crime. But even while moving at lightning speed, Currencycloud stays at the forefront of compliance through innovation, thought leadership, and technology.
Tanya Ziv, Chief Compliance Officer at Currencycloud, commented: "Lucinity has built a brilliant solution that will support us as leaders in compliance. The compliance world has moved on from thinking customer intelligence is the initial information gathered from a customer. Lucinity will help us on our journey towards basing intelligence on customer behaviors. Understanding how they are using our platform - and perhaps more importantly - why they behave in the way they do."
Lucinity builds its technology around the vision of Human AI, using the best from human and artificial intelligence. Lucinity's founder GK is enthusiastic about building towards that vision with Currencycloud: "It is testament to the hard work we have done here at Lucinity to acquire a customer like Currencycloud. I am convinced that the intersection between man and machine is the most exciting field in compliance today. Translating complex intelligence into information that is valuable and useable will bring immense productivity gains to various compliance fields, and that is where we excel."