Flagright blog

Singapore’s new AML strategy is built on three pillars: Prevent, Detect, and Enforce. Each component has implications for how financial institutions will need to adapt their internal controls and processes.

In 2024, the global transaction value in the neobanking market is projected to reach $6.37 trillion, with an expected annual growth rate (CAGR) of 13.15% from 2024 to 2028, ultimately reaching $10.44 trillion by 2028.

AML compliance is increasingly becoming intricate. Financial criminals are getting smarter and more creative, thanks to digital technology. The use of Artificial Intelligence (AI) in AML compliance brings both exciting opportunities and unique challenges that financial institutions must manage.

Implementing risk-based transaction monitoring is essential for financial institutions to detect and prevent financial crimes while ensuring AML compliance.

Choosing the right solution is not a straightforward process. It requires careful consideration of various factors, including regulatory compliance and seamless integration with existing systems.

Aligning customer risk assessment with business strategy is crucial for success. This alignment ensures that risk assessment practices support the business's strategic objectives.

In this article, we delve into the intricacies of PEPs. We explore their definition, the risks they pose, and the importance of effective transaction monitoring.

Stay ahead of financial crimes with AI-native solutions. Enhance AML compliance with cutting-edge AI technology.

Enhance compliance with sanctions screening through robust strategies, tech, and best practices. Strengthen your screening efforts today.

Stay ahead of AML risks with real-time monitoring. Discover its significance, features, and Singapore's strategies.

Discover how No-Code Technology transforms AML Compliance Solutions, enhancing efficiency and accuracy in combating financial crimes.

Discover the key challenges holding back the transaction monitoring industry and explore strategies to overcome them, including advanced technologies and industry collaboration.

Shadow Rules are designed to run alongside your live rules, offering a risk-free environment to test and refine your configurations.

‍Quality Assurance is more than a technological advancement; it's a strategic partner in the fight against financial crime.

Flagright AI Forensics transcends conventional AML solutions, offering proactive risk management and a revolutionary approach to financial crime investigations

Flagright AI's Narrative Generator automates financial crime reports, enhancing accuracy and collaboration while reducing time and compliance risks.

Streamline compliance and investigative processes with Flagright AI's CRM integration, saving time and enhancing efficiency for assured AML compliance.

Flagright launches Flagright AI, delivering advanced AML compliance and fraud prevention capabilities worldwide, setting a new standard in the industry.

Licensing issues still prevail across most industries, despite advances being made recently, with technology playing its part.

Discover how Fingo Africa & Flagright are revolutionizing digital banking security in emerging markets. Explore innovative solutions today!

NexPay, a burgeoning fintech, is easing international student payments to facilitate study abroad, backed by comprehensive crime prevention and monitoring.

Pesawise is a B2B payments company licensed and regulated by the Central Bank of Kenya as a Payment Service Provider.

Before Flagright, NextPay grappled with escalating fraud threats, especially as their transaction volume soared.

This case study explores Ziina's AML strategy transformation under Leonardo Correa, Head of Compliance & AML, using Flagright's platform for fraud prevention.

This alliance highlights 'kevin.'s' use of Flagright's advanced technology solutions to enhance financial security against money laundering and fraud.

Flagright, an AI-native, centralized, no-code compliance platform, proudly announces PinnaclePay as its newest customer.

Flagright, an AI-native, centralized, no-code compliance platform, proudly announces SEBES Technology as its newest customer.

Flagright Supports Zero Fintech in Pioneering Climate-Conscious Security

Flagright, an AI-native, centralized, no-code compliance platform, proudly announces First Digital Trust (“First Digital”), a Hong Kong-based company offering global multi-asset custodial, trust, payments and stablecoin solutions as its newest customer.

Flagright, a global leader in AI-powered Anti-Money Laundering (AML) compliance and fraud prevention solutions, is thrilled to announce its newest customer, One Money Mail Limited

Flagright, a leader in AI-native Anti-Money Laundering (AML) compliance and fraud prevention solutions, proudly announces Palla Financial as its newest customer.

Flagright, a leader in AI-native Anti-Money Laundering (AML) compliance and fraud prevention solutions, proudly announces Persici Financial Services (PFS) as its newest customer.

Flagright Partners with Baraka to Elevate Investment Security in the Middle East

Flagright, a leading innovator in AI-native Anti-Money Laundering (AML) compliance and fraud prevention solutions, is proud to announce its latest customer, Nodabank, a cutting-edge digital bank.

Flagright Teams Up with Cleva to Enhance Financial Services for Consumers and Businesses

Flagright, a pioneer in AI-native Anti-Money Laundering (AML) compliance and fraud prevention solutions, is excited to announce its latest customer, Cryptonow.

Flagright, a pioneer in AI-native Anti-Money Laundering (AML) compliance and fraud prevention solutions, is proud to announce our new customer, Mistertango, an innovative provider of international business & private banking services.

Flagright, a global leader in AI-native AML compliance solutions for banks and fintechs, is thrilled to announce its collaboration with Regtank

This collaborative alliance is set to revolutionize compliance solutions and fraud prevention for financial institutions across the globe.

This strategic alliance is designed to deliver superior compliance solutions and advance fraud prevention for financial institutions across the globe.

Flagright has established a strategic partnership with Clear Junction to provide fintechs with access to banking-as-a-service (BaaS) solutions

Flagright partners with ComplyAdvantage for a real-time database aiding in sanctions, PEPs, and adverse media screening for people and businesses.

Flagright expands its offerings with identity verification and KYC services, streamlining case management and reporting for operational teams.

As cryptoassets and transactions gain mainstream status, ensuring businesses in this space maintain proper compliance standards is crucial.

At Flagright, we’ve found that headcount can be misleading. Instead of focusing on the number of employees, we prioritize building operational leverage and adopting an AI-native approach from the ground up.

In this post, we’re excited to break down each award, explain what sets us apart, and how our solution is transforming the way businesses approach AML compliance and risk management.

Flagright is proud to be named in the inaugural FinCrimeTech50 for 2024 by FinTech Global. Discover how our innovative AI-native AML compliance solutions are leading the fight against financial crime and supporting fintech and banks globally.

‍2024 is set to be a landmark year for Flagright, with our commitment to innovation and collaboration at the forefront.

Act quickly to secure your spot! Limited free tickets are now available for Seamless Asia - Don't miss out on this exclusive event opportunity!

Stay updated with a quick overview of Flagright's latest news, our exciting partnerships, our memorable moments, and innovations in the spotlight.

Flagright is a top finalist in MAS's 2023 Global FinTech Hackcelerator. Join us at the Singapore FinTech Festival to see our AI finance innovations!

This partnership highlights Flagright's dedication to leveraging its technology and expertise in combating human trafficking and financial crimes.

Hurry to claim your place! A limited number of complimentary tickets are available for the exciting Seamless Asia conference - don't miss out!

After entering the US, Flagright is now launching in Singapore, advancing our global strategy to offer no-code AML compliance and fraud prevention solutions.

Flagright expands into the US market, reinforcing its status as a top global provider of no-code centralized AML compliance and fraud prevention solutions.

So I decided a startup was best for me, particularly Flagright, because I was intrigued by what we were going to build.