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Title: Lumi360.ai Unveils AI-Powered Risk Management Agents to Transform Fintech Security
Lumi360.ai, a leader in AI-driven fintech security solutions, today announced the launch of its Agent-Based Risk Management System, an autonomous AI-powered approach designed to revolutionize fraud detection, compliance, and risk mitigation in digital financial services.The development of this groundbreaking technology was shaped by months of research, stakeholder engagements, and extensive pilot testing within the fintech ecosystem. As part of the ideation phase, Lumi360.ai conducted a series of roundtable discussions, industry surveys, and collaborative workshops with compliance officers, risk analysts, and fintech executives. These sessions uncovered critical pain points, including the inefficiencies ofrule-based fraud detection, the rising sophistication of cyber threats, and the operational burden of regulatory compliance.“We didn’t just build a product—we identified systemic challenges through deep engagement with fintech leaders, regulators, and security experts,” said Oluwatofunmi Oguntibeju, Founder and CEO of Lumi360.ai. “Through this process, we realized that a static, rules-based security model was no longer effective. The future of fintech security has to be autonomous, adaptive, and scalable.”Founder’s Journey: Identifying the Problem FirsthandLumi360.ai was born from the firsthand experiences of Tofunmi Oguntibeju, a former Senior Engineer at JumiaPay and ex-Engineer at Goldman Sachs, where he worked on Privacy Engineering and saw the constant challenges faced by fraud and compliance analysts, as well as GRC SMEs.At JumiaPay, Tofunmi Oguntibeju was part of the engineering team that built Jumia’s Risk Engine, a sophisticated fraud detection and risk management system. This required...
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