{"id":3200,"date":"2024-05-30T19:31:05","date_gmt":"2024-05-30T17:31:05","guid":{"rendered":"https:\/\/lyfense-pro.mrmilu.com\/lynxrankedbestofbreedchartis2024-2\/"},"modified":"2026-03-24T11:20:44","modified_gmt":"2026-03-24T10:20:44","slug":"lynxrankedbestofbreedchartis2024-2","status":"publish","type":"post","link":"https:\/\/lyfense-staging.uncutmakers.com\/en\/resources\/lynxrankedbestofbreedchartis2024-2\/","title":{"rendered":"Lynx Ranked Best of Breed in 2024 Chartis"},"content":{"rendered":"\n<section class=\"info-share general-section \">\n<div class=\"share-wrapper\">\n<h2>Lynx Ranked as Best of Breed in 2024 Chartis RiskTech Quadrant\u00ae for Name and Transaction Screening Solution<\/h2>\n<strong>29, May 2024, London UK<\/strong><span data-contrast=\"auto\">\u00a0\u2013\u00a0<\/span><a href=\"https:\/\/lynxtech.com\/\" target=\"_blank\" rel=\"noopener\" rel=\\\"noopener\\\" target=\\\"_blank\\\"><span data-contrast=\"none\">Lynx<\/span><\/a><span data-contrast=\"auto\">, a leading provider of AI software for detecting and preventing fraud and financial crimes, has been recognized as a Best of Breed Name and Transaction Screening Solution in the 2024 Chartis RiskTech Quadrant<\/span><span data-contrast=\"auto\">\u00ae<\/span><span data-contrast=\"auto\">\u00a0for<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><span data-contrast=\"auto\">Name and Transaction Screening Solutions.\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><span data-contrast=\"auto\">Chartis Research data reveals financial institutions will spend an estimated $6.8 billion on watchlist and adverse media technology in 2024. The latest report focuses on solutions for sanctions \u2013 name and transactions \u2013 screening and monitoring adverse media and its related elements.<\/span>\u00a0<span data-contrast=\"auto\">Lynx has received industry-leading capability scores in both Data Methodology and Speed and Real-Time capabilities in the quadrant.\u00a0<\/span>\n\n<\/div>\n<\/section><section class=\"article-extra-content\">\n<blockquote><section class=\"article-section text article-wysiwyg\"><i><span data-contrast=\"auto\">\u201cLynx Tech has taken its deep expertise in applying Big Data machine learning and AI in the world of fraud and applied it effectively to watchlist monitoring,<\/span><\/i><span data-contrast=\"auto\">\u201d says <strong>Nick Vitchev, Research Director at Chartis<\/strong>.\u00a0<\/span><i><span data-contrast=\"auto\">\u201cIts solution applies proprietary machine learning technologies to augment watchlists in a configurable manner that is explainable to regulators, and delivers similarity scores in real-time with speed and accuracy \u2013 and we expect it to make significant strides in the market in the near future.\u201d<\/span><\/i><\/section><\/blockquote>\n<section><\/section><section><\/section><section class=\"article-section text article-wysiwyg\"><span data-contrast=\"auto\">The placement in the Chartis Research quadrant follows Lynx\u2019s recognition in Chartis\u2019 Financial Crime and Compliance 50, an in-depth analysis of vendors excelling in financial crime prevention and compliance. Vitchev continues,<\/span><\/section>\n<blockquote><section class=\"article-section text article-wysiwyg\"><span data-contrast=\"auto\"><em>\u201cLynx\u2019s appearance in our inaugural FCC50 ranking reflects an ability to transition its knowhow and standing in the area of fraud detection into AML and beyond. Alongside a robust platform that incorporates a large number of risk signals and enables high scalability and flexibility, Lynx\u2019s sophisticated models and tuning capabilities, underpinned by an AI-first approach, enable it to solve challenges in some of the most complex use cases and markets.\u201d<\/em><\/span><\/section><\/blockquote>\n<section><\/section><section><\/section><section class=\"article-section text article-wysiwyg\"><span data-contrast=\"auto\"><strong>Dan Dica, CEO of Lynx<\/strong> comments,<\/span><\/section>\n<blockquote><section class=\"article-section text article-wysiwyg\"><span data-contrast=\"auto\"><em>\u201cWe\u2019re proud to have received two forms of recognition for our solution from Chartis Research in the past couple of months. These accolades represent our commitment to remaining vigilant, agile, and customer-focused, leveraging technology to deliver innovative solutions that address the dynamic requirements of sanctions screening and AML.\u201d<\/em><\/span><\/section><\/blockquote>\n<section><\/section><section><\/section><section><\/section><section><\/section><section class=\"article-section text article-wysiwyg\">\n<blockquote><span data-contrast=\"auto\"><em>\u201cIncredibly proud that Lynx Tech\u2019s AML solution suite has been recognized by Chartis,\u201d<\/em> adds <strong>Alyssa Iyer, Head of Product for AML<\/strong>. <em>\u201cThis acknowledgment highlights our dedication to reshaping compliance and financial crime prevention with pioneering AI technologies.\u201d<\/em><\/span><\/blockquote>\n<h4><\/h4>\n<h4><b><span data-contrast=\"auto\">About Lynx\u00a0<\/span><\/b><\/h4>\n<span data-contrast=\"auto\">Lynx is an AI-driven software company designed to solve clients\u2019 most significant fraud and financial crime challenges. Our solutions utilize advanced AI technology to proactively identify and prevent fraud and financial crimes in real time, setting new standards for accuracy, speed, and scalability across multinational organizations.<\/span>\n\n<span data-contrast=\"auto\">Lynx is dedicated to helping its clients move from a reactive to a proactive response by harnessing the power of AI to illuminate risk and deliver actionable insights. Lynx continues to set the standard for accuracy, speed, and scalability for multinational financial institutions (FI) and payment providers around the globe. Learn more at\u00a0<\/span><a href=\"https:\/\/lynxtech.com\/about-us\/\" target=\"_blank\" rel=\"noopener\" rel=\\\"noopener\\\" target=\\\"_blank\\\"><span data-contrast=\"none\">https:\/\/lynxtech.com<\/span><\/a>\n<h4><strong>About Chartis\u00a0<\/strong><\/h4>\n<span data-contrast=\"none\">Chartis Research is the leading provider of research and analysis on the global market for risk technology. It is part of Infopro Digital, which owns market-leading brands such as Risk and WatersTechnology. The goal of Chartis Research is to support enterprises as they drive business performance through improved risk management, corporate governance, and compliance, and to help clients make informed technology and business decisions by providing in-depth analysis and actionable advice on all aspects of risk technology.<\/span>\n\n<span data-contrast=\"none\">RiskTech Quadrant<\/span><span data-contrast=\"none\">\u00ae<\/span><span data-contrast=\"none\">, RiskTech100<\/span><span data-contrast=\"none\">\u00ae<\/span><span data-contrast=\"none\">\u202fand FinTech Quadrant<\/span><span data-contrast=\"none\">TM<\/span><span data-contrast=\"none\">\u202fare registered trademarks of Infopro Digital Services Limited (<\/span><a href=\"https:\/\/www.chartis-research.com\/\" target=\"_blank\" rel=\"noopener\" rel=\\\"noopener\\\" target=\\\"_blank\\\"><span data-contrast=\"none\">https:\/\/www.chartis-research.com<\/span><\/a><span data-contrast=\"none\">).<\/span>\n\n<\/section><\/section>\n","protected":false},"excerpt":{"rendered":"<p>Lynx Ranked as Best of Breed in 2024 Chartis RiskTech Quadrant\u00ae for Name and Transaction Screening Solution 29, May 2024, London UK\u00a0\u2013\u00a0Lynx, a leading provider of AI software for detecting and preventing fraud and financial crimes, has been recognized as a Best of Breed Name and Transaction Screening Solution in the 2024 Chartis RiskTech Quadrant\u00ae\u00a0for\u00a0Name [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1326,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_uag_custom_page_level_css":"","url":"","_lynx_whitepaper_file_id":0,"_lynx_whitepaper_file_url":"","footnotes":""},"categories":[42,44],"tags":[],"tipologia":[154],"class_list":["post-3200","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ai","category-company","tipologia-post"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Lynx Ranked Best of Breed in 2024 Chartis - Lyfense<\/title>\n<meta name=\"description\" content=\"Lynx has been ranked Best of Breed in the 2024 Chartis RiskTech Quadrant\u00ae for its cutting-edge fraud prevention technology. 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