FinTech Spotlight: Live Chat with Dan Dica of Lynx Tech

What Role Does Lynx Play in the Fintech Industry Today?

“Currently, we observe a significant level of collaboration between fintech companies and traditional banks. This partnership primarily aims to address the challenges stemming from the siloed functions in tier-one financial institutions. Often, there is a disconnect in how cybersecurity, fraud prevention, and anti-money laundering (AML) operations share critical information.”

“Our goal is to bridge that gap. We offer machine learning models that deliver a comprehensive overview of fraudulent activities, cyber threats, and money laundering across various channels within a financial organization.”

What Are Lynx’s Goals for the Next 12 to 18 Months?

“We are experiencing remarkable success on a global scale. Presently, we are in a growth phase, actively expanding our presence around the world.”

“We have recently launched operations in the UK and have an established presence in the United States, with plans to reach every continent.”

“There is a growing demand for our solutions, particularly among financial institutions, payment service providers, and fintech firms seeking machine learning models that can autonomously learn and identify unusual patterns in behavior.”

“Our money mule solution has seen particularly high demand due to escalating fraud challenges in the UK.”

“In the next five months, we anticipate even faster growth, entering new markets and rolling out additional solutions globally to help banks better combat fraud and financial crime.”