Redefining Financial Integrity. Unstoppable.
Using AI + blockchain to predict and stop financial crime. Our mission: safeguard South Africa’s economy.
South Africa is under siege by escalating financial crime, costing billions and impacting our global standing. At LocalConnect AI, our unwavering mission is to fundamentally transform how financial crime is fought. We aim to move beyond reactive measures, building an intelligent, proactive, and interconnected ecosystem that safeguards our nation's financial integrity, empowers institutions, and fosters a legacy of trust and prosperity.
Global financial crime results in annual losses exceeding trillions, impacting both public and private sectors. Businesses face growing costs for compliance and recovery, while citizens suffer economic and social consequences. These losses are further compounded by underreporting and inefficient systems struggling to keep up with emerging fraud techniques.
Being greylisted by the Financial Action Task Force brings reputational risks, increased scrutiny, and global financial constraints. South African banks and institutions now face elevated compliance demands, slowing international transactions and increasing operating overheads until advanced monitoring and intelligence frameworks are adopted.
Cybercriminals now leverage AI, blockchain, and cross-border laundering to evade detection. Traditional defenses are reactive and slow, relying on outdated typologies. Without proactive AI-driven systems, institutions remain vulnerable to highly adaptive fraud rings, insider threats, and money-laundering networks that continuously change patterns.
Our AI learns complex patterns to detect suspicious activities with high accuracy.
Our AI adapts to new criminal behavior by analyzing patterns and biometrics, reducing false positives and catching nuanced fraud. Institutions see higher detection rates and smoother compliance.
Uncover hidden criminal structures by analyzing complex networks.
GNNs reveal links between accounts and fraud rings, visualizing connections and risks to stop coordinated financial crime before it happens.
Simulate evolving fraud and laundering techniques before they hit.
Generative AI simulates new fraud and laundering tactics, training your team and systems to defend against threats before they emerge.
Get clear, human-readable explanations for every flagged anomaly.
XAI converts model predictions into clear justifications, so analysts instantly understand why an alert was raised—ensuring trust and auditability.
Enable secure collaboration without exposing private data.
Our zero-knowledge layer lets institutions share signals and patterns anonymously, tackling threats together without risking data leaks.
Make compliance intuitive, rewarding, and engaging.
Gamification adds points, progress bars, and leaderboards to analyst workflows, making compliance more engaging and motivating.
Instantly verify business and individual entities for compliance.
Our EV module uses global databases and AI to verify entities, making onboarding secure, fast, and fraud-resistant.
Seamlessly connect with leading fintech platforms and APIs.
Plug-and-play integrations with fintech providers and banking APIs enable real-time data, compliance checks, and a unified financial view.
Anticipate and simulate threats.
Transparent, auditable AI.
Reveal hidden criminal networks.
Built for South Africa.
Secure, anonymized sharing.
Intuitive, gamified compliance.
LocalConnect AI isn't just a company — it's a mission to secure South Africa's financial future. We're building a founding team ready to lead a global transformation.
Deep FICA knowledge and a passion for ethical AI to uphold the highest legal and compliance standards.
A master of scalable pipelines and real-time distributed systems to handle massive financial data.
Expert in GNNs, XAI, and Generative AI to build models that not only predict but explain and adapt.
A visionary communicator to lead partnerships, adoption, and maximize impact across the continent.
This is a rare equity opportunity to co-create a generational venture. Let's build the AI guardrails for an entire continent.
Connect with SiyabongaFor all other queries, potential collaborations, or media inquiries, please reach out via our general contact email.
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