Lucinity And Resistant AI Forge Dynamic Partnership To Combat Financial Crime
An AI-powered financial crime investigation platform, Lucinity, and experts in detecting fraud and money laundering, Resistant AI have joined forces. This collaboration aims to overcome the limitations of existing technologies and boost the detection and investigation of financial crimes, which have become increasingly sophisticated. The partnership is established in response to the staggering $3.1 trillion in illegal transactions reported in 2023, with significant portions attributable to drug trafficking ($800m), human trafficking ($350m), and fraud ($500m). By integrating their advanced technologies, Lucinity and Resistant AI seek to deliver more effective financial...