Lucinity and Resistant AI Partner to Deliver Advanced AI-Powered FinCrime Prevention Solutions

Key benefits of the partnership include:

This partnership has the potential to save financial institutions millions of dollars through reduced fraud and improved operational efficiency. Resistant AI has already helped UK financial institutions reduce potential Authorized Push Payment (APP) fraud reimbursement liabilities by millions, while enabling the detection of sophisticated fraud rings, sleeper accounts, and money mules—both human- and AI-based. Lucinity's system reduces investigation times from three hours to just 30 minutes, generating productivity savings of up to $25 million for large banks.

Udi Nessimyan, President and Chief Revenue Officer of Lucinity, commented, "This partnership represents a perfect synergy of capabilities. By integrating advanced behavioral detection, transaction forensics, scenario-based monitoring, AI-driven triaging, and AI-powered investigations, we're delivering the most robust financial crime prevention system the market has ever seen."

Martin Rehak, CEO of Resistant AI, added, "Resistant AI delivers a highly efficient solution for combating financial crime by leveraging AI to uncover hidden threats. Our solution works in real-time via seamless integration with existing transaction monitoring systems. Through our collaboration with Lucinity, financial institutions can better protect themselves from APP fraud and other criminal threats, significantly reducing false positives and enabling faster, more effective case resolutions."

Together, Lucinity and Resistant AI deliver secure, explainable, and auditable FinCrime compliance. Resistant AI employs an ensemble of models to detect activities overlooked by traditional systems, enhancing accuracy and transparency. Lucinity's configurable platform allows users to tailor data sources and outputs for a secure, custom-built FinCrime solution.

View original content:https://www.prnewswire.co.uk/news-releases/lucinity-and-resistant-ai-partner-to-deliver-advanced-ai-powered-fincrime-prevention-solutions-302257579.html