Making our transactions safer
Lucra's vision of the future
Precision compliance for payments
Current compliance solutions to safeguard payment transactions are broken. Businesses and consumers are fighting on the front lines of APP fraud without any viable defences. Manual, analogue tools across fragmented verification processes drain time and resources. Compliance obligations are constantly changing and becoming more complex to manage.
Lucra was designed to change that.
We want to make payment transactions safer by transforming payments compliance into a precise, digital process. We'll achieve this integrating all required information, controls and checks into a unified, accurate process that doesn't compromise when operating at scale.
For us, this will be a next generation transaction execution platform.
Building blocks of our vision
e-IDV, source of funds and wealth and corporate DD
Client and counterparty onboarding and diligence is an integral part of any business transaction. By introducing these capabilities, Lucra delivers cost, convenience and security benefits for all parties.
Bank-to-bank payments
Armed with verified KYC, AML and bank account data, Lucra will enable customers to complete secure account-to-account payments. No more manual entries into finance systems. No more payment fraud or fat finger errors.
Modern transaction execution
Bank verification. KYC/AML. Payments.
All under one roof.
Beneficiary
Account Details
Create Payment
Sterling
£12,500
Initiate payments
Payments Approved
Payments Outstanding
Select Account
£
€
Payments Completed
Create Report