This collaboration is set to bolster the security protocols for iCore Technologies’ innovative digital products, platforms, and financial systems. Flagright’s expertise in AML compliance will fortify iCore’s platforms, enhancing the security and trust they have meticulously built over the years.
The partnership will see Flagright’s robust, no-code platform empower iCore Technologies to incorporate AML compliance measures effortlessly, ensuring secure transactions and minimising the risks of financial misconduct. The move underscores the commitment of both entities to creating a more secure and efficient digital financial sphere.
iCore Technologies, based in the Philippines, provides a diverse range of digital products and platforms catering to various sectors, including FinTech companies, MSMEs (Micro, Small, and Medium Enterprises), co-operatives, and educational institutions. Their offerings, such as the Digital Core Banking System, Computerised Loans Management System, and e-Wallet system, combine traditional banking principles with cutting-edge digital tools.
Flagright, on the other hand, is a global leader in AI-powered AML compliance solutions, empowering financial institutions to combat financial crimes and ensure secure transactions. Their unified API simplifies regulatory compliance by providing features like real-time transaction monitoring, case management, sanctions screening, and customer risk assessment through a user-friendly, no-code interface. The firm’s expertise lies in financial crime, compliance, and technology, making them a trusted partner in meeting regulatory requirements and safeguarding against financial crime threats.
Tommy Hartono, Founding Business Development Manager, APAC of Flagright, expressed his excitement: “It’s an honor to extend our AML compliance expertise to iCore Technologies. Our groundbreaking solutions will fortify iCore’s platforms, enhancing the security and trust they have meticulously built over the years.”
Willy Garcia, Business Development Strategy Head of ICORE Technologies, reciprocated the sentiment: “Integrating with Flagright’s AML compliance solutions will exponentially boost our platform’s security. Their pioneering approach ensures that we continually offer a secure and reliable digital experience for our diverse clients.”
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