Persici Financial Services enhances compliance with Flagright’s AML solutions


Flagright, an AI-native AML compliance and fraud prevention firm, has recently welcomed Persici Financial Services (PFS) as its latest client.

This collaboration marks a significant advancement in the security and efficiency of international money transfers, underscoring both companies’ commitment to superior service and regulatory compliance.

Persici Financial Services, part of the expansive Persici group, operates under the trading names UK Exchange and Sarafi UK. With a reputation for providing swift, reliable, and secure money remittance services, PFS is enhancing its offerings by integrating Flagright’s cutting-edge technology. This move not only bolsters the security of transactions but also ensures adherence to strict regulatory requirements set forth by the Financial Conduct Authority (FCA).

Ashley Robertson, founder and CEO of Persici Financial Services, shared his enthusiasm about the partnership: “Partnering with Flagright is a significant step in our ongoing commitment to providing a safe and secure money remittance service. Flagright’s state-of-the-art security solutions will enable us to protect our customers’ transactions and ensure compliance with stringent regulatory standards. This collaboration reinforces our vision of making international payments easier and more secure for everyone. With Flagright’s support, we are setting new benchmarks for reliability and trust in the remittance industry.”

Flagright’s innovative AI technology and user-friendly, no-code platform will enable PFS to seamlessly implement comprehensive compliance and fraud prevention measures. This is expected to not only enhance the security of PFS’s services but also its operational efficiency.

Baran Ozkan, co-founder and CEO of Flagright, also commented on the collaboration: “We are thrilled to support Persici Financial Services, a company that is dedicated to enhancing the security and efficiency of international money transfers. Our collaboration reflects our shared commitment to ensuring that financial transactions are secure and compliant. We look forward to supporting PFS’s mission to provide a reliable and trustworthy remittance service.”

Keep up with all the latest FinTech news here.

Copyright © 2024 FinTech Global

Enjoying the stories?

Subscribe to our daily FinTech newsletter and get the latest industry news & research


The following investor(s) were tagged in this article.