Flagright, the AI-native AML compliance and risk management platform arming financial institutions against financial crime risks, proudly announces B4B Payments as its latest customer.

B4B Payments is a multi-award-winning, global financial services technology company offering an advanced transaction payments platform and APIs for emerging payments and financial services. Our flexible technology and comprehensive services include embedded finances, payment accounts & FX, rapid payouts, physical and virtual card issuing, and BIN sponsorship.

With over 19 years of expertise in payments, B4B Payments is headquartered in the UK. In Europe, B4B Payments is regulated as an e-money institution (EMI) authorised by the Financial Conduct Authority (FCA) and the Bank of Lithuania and is a Mastercard® Principal Member.

By deploying Flagright’s AI-native AML and fraud detection services, B4B Payments can better safeguard client transactions in real-time, reduce false positives, and streamline alert investigations, making its payment solutions more secure and efficient.

B4B payments pr
At B4B Payments, our commitment is to deliver seamless and secure payment experiences whilst maintaining a safe and secure environment for all our customers," said Tom Jennings, CEO of B4B Payments. "By integrating Flagright's Al-native compliance platform, we have enhanced our fraud detection and anti-money laundering (AML) monitoring capabilities. This allows us to proactively identify and mitigate risks, ensuring a safe and secure environment for our customers and upholding the highest standards of compliance.

Flagright’s no-code platform uses LLMs and advanced algorithms to provide real-time transaction monitoring, case management, risk scoring, and AML screening—all designed to dramatically cut false positives and accelerate alert investigation times. With an average integration period of just two weeks, it enables companies like B4B Payments to rapidly deploy robust risk management measures and keep pace with an ever-changing regulatory landscape.

“We’re thrilled to welcome B4B Payments to the Flagright family,” said Baran Ozkan, Co-founder and CEO of Flagright. “Their focus on providing innovative, global prepaid card solutions aligns perfectly with our mission to simplify and enhance financial crime compliance. Together, we’re poised to deliver secure, frictionless payment experiences that protect businesses and their customers around the world.”

About Flagright

Flagright is an AI-native AML compliance and risk management platform that leverages LLMs and advanced algorithms to equip financial institutions with real-time transaction monitoring, case management, risk scoring, and AML screening. Rated #1 globally on G2 for transaction monitoring and AML compliance in 2024, Flagright cuts false positives by 90% and alert investigation time by 80%. Headquartered in Singapore and operating worldwide, Flagright helps customers go live in an average of two weeks, offering the modern standard for efficient, AI-driven financial crime compliance.

About B4B Payments

B4B Payments is a proud member of the Banking Circle Group offering Banking-as-a-Service solutions.

With over 19 years of payment expertise and recognition as a regulated EMI in the UK and EU, we are a principal member of Mastercard Europe and a partner of VISA Inc. in the USA. Our comprehensive solutions encompass BIN sponsorship, payment accounts, FX, and card issuing, which reflect our commitment to cutting-edge financial solutions.