Berlin-headquartered RegTech Flagright has announced kevin., which enables businesses to accept payments directly from banks, as its newest customer.
By leveraging Flagright’s tools, kevin. was able to quickly and easily implement an AML program and get it up and running within three days. It stated that it could add the program with minimal engineering effort and cost of changing providers.
Speaking on the deal, Flagright co-founder and CEO Baran Ozkan said, “As one of the fastest-growing FinTechs in Europe, kevin. is at the forefront of innovation in the industry.
“We are honoured to be trusted by the kevin. team and provide them with the best-in-class AML compliance and fincrime solutions. kevin.’s commitment to innovation in the payments space aligns perfectly with our mission, and we look forward to supporting them every step of the way.”
Flagright is a global provider of AML compliance and fraud protection solutions for FinTechs and neobanks. The platform is deisgiend to help financial institutions of all sizes stop financial crimes, secure payments and navigate compliance.
kevin. is a payments firm that helps businesses accept payments directly from banks, removing the need for card networks. It claims this makes payment processes faster, simpler and more convenient.
kevin. head of AML operations Viktorija Gudeliauskienė added,”We are delighted to partner with Flagright, a trusted name in the world of AML compliance and fraud protection solutions.
“Our focus on delivering world-class payments, paired with Flagright’s fincrime expertise and exceptional customer support, ensures that we can provide our customers with enhanced security and a seamless experience.”
Earlier in the year, Flagright partnered with Clear Junction to provide FinTechs with access to banking-as-a-service solutions. The partnership will allow companies to access both domestic and international payment rails.
The RegTech company recently outlined the five essential steps FinTechs and neobanks need to take to secure their digital payments.
Keep up with all the latest FinTech news here.
Copyright © 2023 FinTech Global
