Flagright and Hello Clever, an Australian FinTech firm known for its real-time payments platform, have announced a strategic partnership.
This collaboration is designed to bolster the security of Hello Clever’s platform, enhancing the safety and reliability of financial transactions.
The partnership aims to strengthen Hello Clever’s real-time payments platform by integrating Flagright’s cutting-edge fraud detection, transaction monitoring, and sanctions screening capabilities. This collaboration will empower Hello Clever’s merchant partners to proactively detect and prevent fraudulent activities in real time, ensuring safer financial transactions.
Flagright specializes in AI-powered AML compliance solutions, providing tools for fraud detection, transaction monitoring, and sanctions screening. These solutions are designed to aid businesses in identifying and mitigating potential financial crimes swiftly and effectively. Hello Clever, on the other hand, is revolutionizing the Australian payments landscape. Its platform consolidates various payment methods, including PayID, PayTo, and card processing, into a unified solution for e-commerce, billers, and businesses. The platform is acclaimed for facilitating real-time fund settlement, eliminating chargebacks, and simplifying reconciliation processes.
This partnership marks a significant development in the FinTech sector, particularly in the realm of payment security. By incorporating Flagright’s advanced security features into Hello Clever’s platform, both companies aim to enhance the overall security and reliability of real-time financial transactions for Australian businesses and consumers.
Hello Clever has recently been awarded the title of ‘Emerging Fintech of the Year 2023,’ recognizing its innovative contributions to the FinTech industry. The platform’s adoption by over 80,000 Australians and 800+ merchants highlights its growing influence and success in the market.
“Partnering with Flagright reinforces our unwavering commitment to delivering the most secure real-time payments solution for our merchant partners. Real-time fraud detection is a pivotal step in minimising the risk of fraudulent activities,” Hello Clever Co-Founder and CEO Caroline Tran stated.
“We’re excited to bring our AI-powered AML compliance product to Hello Clever. Our no-code real-time transaction monitoring and fraud detection solutions will further bolster the trustworthiness of Hello Clever’s platform, ensuring a safe and secure experience for businesses,” remarked Baran Ozkan, co-founder and CEO of Flagright.
Keep up with all the latest FinTech news here.
Copyright © 2023 FinTech Global
