Flagright, a provider in AML compliance and fraud prevention, has ushered in a strategic partnership by welcoming Banked as its latest customer.
This alliance is projected to significantly transform the landscape of digital payment security.
Banked, known for reshaping traditional payment methods, is carving a niche for itself by building a next-generation payment network. The emphasis of their services lies in proffering an enhanced payment experience for both merchants and consumers. Their innovative account-to-account payment solutions are lauded for their speed, security, and fairness.
By collaborating with Flagright, Banked aims to further cement their dedication towards guaranteeing secure, streamlined, and just financial exchanges.
Flagright co-founder and CEO Baran Ozkan said, “We are excited to onboard Banked and provide them with the robust security measures necessary for their innovative digital payments network. Our advanced technology and best-in-class solutions will deliver comprehensive anti-fraud measures and unwavering AML compliance, significantly enhancing the security of their services.”
Echoing the sentiment, John Fernandez, Chief Legal & Compliance Officer at Banked, mentioned, “Partnering with Flagright to fortify our compliance and security measures aligns very well with our commitment to a seamless and secure payment experience for our customers. Their strong track record in AML compliance and fraud prevention made the choice clear.”
Flagright’s versatile, code-free platform stands to offer Banked a straightforward integration pathway for AML compliance and fraud deterrence. This amalgamation embodies the shared vision of both companies: to pioneer a globally safer and more efficient financial ecosystem.
Keep up with all the latest FinTech news here.
Copyright © 2023 FinTech Global
