Lynx Fraud Prevention
Lynx AML
Lynx Money Mule Account Detection
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ABOUT US

AI Against Fraud & Financial Crime

Lynx was born to lead the fight against Fraud and Financial Crime through advanced AI Technologies, continuous innovation and deep industry expertise.

We are Lynx

The Lynx has extraordinary vision

Expert and visionary eyes to see and understand what others can’t and the agility to immediately react to remove threats and protect the FI

 

Recognized Excellence

“Lynx’s 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’s sophisticated modeling and tuning capabilities, underpinned by an AI-first approach, enable it to solve challenges in some of the most complex use cases and markets.”

Nick Vitchev – Research Director at Chartis.

We are leading with continuous innovation, outstanding customer experience, and operational excellence

Our guiding values

Continuous innovation sees us through the future

Technology is at the core of our vision, driving us to constantly search, learn, evolve, and continuously innovate in order to lead the way. Our expertise in Data Science means we’re curious and constantly exploring new ways to innovate with AI in Fraud and AML.

Exceptional customer commitment

Our pursuit of excellence is never-ending, as we seek to continuously enhance our offerings and provide exceptional customer experiences. We approach every challenge with curiosity and determination, believing that no obstacle is too great to overcome.

Agile & ready to act

Our extensive experience in AI technology for Fraud and Financial Crime spans over two decades, providing us with the in-depth knowledge and expertise that distinguishes 
us in the industry. Our solutions empower customers to cut costs and achieve faster time to value.

Transparency & integrity, doing the right thing

We remain grounded in our beliefs, always embracing our humanity and keeping our minds open to new ideas and perspectives. Our unwavering loyalty to our customers drives us to always do what is right.

Continuous innovation sees us through the future

Technology is at the core of our vision, driving us to constantly search, learn, evolve, and continuously innovate in order to lead the way. Our expertise in Data Science means we’re curious and constantly exploring new ways to innovate with AI in Fraud and AML.

Exceptional customer commitment

Our pursuit of excellence is never-ending, as we seek to continuously enhance our offerings and provide exceptional customer experiences. We approach every challenge with curiosity and determination, believing that no obstacle is too great to overcome.

Agile & ready to act

Our extensive experience in AI technology for Fraud and Financial Crime spans over two decades, providing us with the in-depth knowledge and expertise that distinguishes 
us in the industry. Our solutions empower customers to cut costs and achieve faster time to value.

Transparency & integrity, doing the right thing

We remain grounded in our beliefs, always embracing our humanity and keeping our minds open to new ideas and perspectives. Our unwavering loyalty to our customers drives us to always do what is right.

OUR JOURNEY

1995

The innovation years

At the start we noticed that fraud solutions were rules-based and not catching simple fraud patterns. With our background in data science, we thought we could do better. We successfully outperformed a rules-based model using AI, and knew we had to share it with the world.
The initial version of the current Lynx application was developed for mainframes and ran in real time under the CICS-DB2 architecture. It was limited to monitoring a small set of card transactions in high-risk commercial sectors. At that time, a real-time system was developed with a model based on a very primitive neural network.
Due to the high cost of this solution, it was decided to migrate the platform and replace the mainframe version with a Windows version that ran in batch but already had the basic functionalities, user interface, rule engine, and model based on a neural network.
During these 5 years, only one Spanish client worked with Lynx and all functionalities were based on the requirements of this client. We were a small team of 5 people, but crucially we had a big vision to reduce fraud globally.

OUR JOURNEY

1999

The formation years

In 1999, work began on the definition of a new tool based on the previous one for a large client in Brazil. The new tool, called Lynx, had a vision for both issuers and acquirers, and although it was not yet real-time, it was implemented in AIX, IBM’s version of UNIX for RS6000 systems. From this large client in Brazil, work began with other clients in both Brazil and Mexico. During this time, we had a lot of fun enhancing the product to address multiple customer needs, and working hand in hand with our customers.

OUR JOURNEY

2005

Going real time

In 2005, the application architecture was redefined and Intel servers with Linux were starting to be used. We migrated to a real-time architecture to be able to intervene in the authorization process, which was crucial to stopping fraud in real time.

OUR JOURNEY

2015

A huge leap

In 2015, a new online training system, Daily Adaptive Model (DAM), was designed. This has become a fundamental component that allows the system to automatically adjust to new data and types of fraud by learning every day. It is also how Lynx models consistently outperform other Machine Learning models by continually training and learning behaviors of customers and attackers.

OUR JOURNEY

2019 – 2020

Expanding with AML
& Cloud ready

In 2019, internal development began to build applications to address anti-money laundering (AML). With this objective, MVP tools for transaction and customer screening were developed, as well as transaction monitoring. We have since teamed up with large multi-national financial institutions to understand and meet their needs.
In 2020, the Lynx Fraud application was redesigned to run on public cloud, taking advantage of all the advantages of this infrastructure, horizontal scalability, security, and availability. Although many financial institutions are not ready for a public cloud solution, we’re proud to have customers in the cloud for 3 years already.

OUR JOURNEY

2022

Becoming data agnostic

In 2022, a very important refactoring of the application was carried out to allow for greater user configuration without affecting the overall system availability. Additionally, Lynx successfully gained investment to accelerate innovation and scale up.

OUR JOURNEY

2023

Scale up

In 2023, Lynx focused on finding experienced talent from industry who partner with the technical team to scale up the company and address specific market needs. We are proud to be a team of just over 100, who are dedicated and agile to meet customer needs.