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UAE based FX provider LuLu Exchange implements Fiserv’s AML Risk Manager


Fiserv, Inc. (NASDAQ:FISV), a global provider of financial services technology solutions, today announced that LuLu Exchange, which provides cross-border remittance, currency exchange and other financial services for consumers and businesses, has selected Fiserv to enhance its financial crime prevention capabilities and enable its expansion into new markets.
LuLu Exchange will implement a cloud-based version of AML Risk Manager from Fiserv. The anti-money laundering solution utilizes sophisticated techniques such as machine learning to detect suspicious transactions, leading to more accurate fraud detection and fewer false positives. … (full story)

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