Flagright has established a strategic partnership with ComplyAdvantage to provide a real-time database on sanctions, PEPs, and adverse media...
Flagright's advisory services can assist in navigating the complex world of financial regulation and compliance with minimal effort.
Our world-class real-time transaction monitoring tool supports configuring risk-based thresholds and actions for each rule based on customer risk...
Flagright is SOC 2, GDPR, and CCPA compliant. This is to ensure that your data is always safe with us.
I think it started from loving the idea of working for a startup that was trying its best to break away from the norm of not caring about the...
Banking-as-a-Service has become the most innovative way for fintech to quickly bring a customer-focused bank platform to market through digital means.
We can also provide assistance with developing tailored AML policies, onboard with relevant BaaS providers, and other essential compliance procedures.
Simply put, any company that provides financial services must comply with KYC regulations.
This expands Flagright's product offerings to provide identity verification and KYC services and helps operational teams centralize their work on a...
Sanctions lists are created with the goal of reducing financial crime and risk by identifying those who engage in illegal activities.
I liked what Flagright was going to do—assist fintechs and startups in preventing financial crime, and I liked the idea that everything I worked on...
Organizations that use inadequate or outdated transaction monitoring systems face extremely challenging compliance processes
With growing scrutiny from local and international financial regulators, financial institutions must protect themselves against all types of...
In an era where cryptoassets and transactions are becoming increasingly mainstream, it is more important than ever to ensure that businesses...
Proper AML compliance programs doesn't have to be a daunting task. By utilizing the right systems, you can easily track customers’ information and...
But what if an entity other than a bank violates AML laws? Which violations result in the largest penalties?
"I was a bit hesitant in the beginning, but finally, I decided to join because, YOLO, and I thought it would be a unique and interesting experience."
Given the increasingly sophisticated and ever-changing nature of the threats affecting financial services providers, predicting the patterns and...
In order to deal with the evolving challenge of financial crimes, financial institutions across the globe are in dire need of developing methods that...
When faced with increasingly secure fraud-protection systems implemented by much larger businesses, fraudsters begin to target smaller, less-secured...
AML compliance requires engaging with financial regulators and comprehending national and international regulations everywhere you conduct business.
Money laundering, like other financial crimes, is an ongoing threat to financial institutions. The danger of doing business with criminals, drug...
Licensing issues still prevail across most industries, despite advances being made recently, with technology playing its part.
Read how Kaushik's passion for science, mathematics, and competitive programming led him to pursue a career in software engineering.
Financial concerns have suddenly risen to the top of the agenda across a wide range of businesses, including fintech, banking, eCommerce, and more.
Although money laundering is still common, SARs have been utilized to stop illegal conduct in some reported cases. The most crucial SAR-related...
It's no secret that financial institutions are in the hot seat when it comes to anti-money laundering (AML) compliance. In fact, regulators are...
Learn how Nikolai's childhood fascination with computers led him to a career as a software developer.
Flagright, a Berlin-based startup, has announced a $2.8M seed raise, to accelerate their mission of helping fintech startups prevent, and defend...
Fraud prevention policies and procedures can be challenging for financial institutions that have grown and expanded without having these areas built...
Budget concerns are a common stumbling block, especially for newer startups that are still expanding and finding their footing.
Regulators are cracking down on financial institutions that do not improve their fraud prevention procedures.
As the world economy recovers from the COVID-19 pandemic, a growing number of hazards make it difficult to forecast the future, prompting many...
Financial institutions deal with risks on a daily basis. Many types of risk could only be predicted or hypothesized in the past until they became...
Money laundering is a regular occurrence. The United Nations Office on Drugs and Crime estimates that the money laundering cycle costs between $800...
The threat of fraud is always present. Unfortunately, fraud is being committed by insiders, the very people who are meant to be supporting and...
AML compliance solutions have traditionally been cost and time intensive for fintech startups. Here’s why that’s no longer the case.
Regulatory authorities across the world regularly conduct a wave of investigations into suspected non-compliance cases, and impose sanctions that...
Experienced money launderers can increasingly exploit the often-fragmented nature of international anti-money laundering (AML) regulations.
The pain points around hiring engineering talent have also led to faster adoption of no-code tools globally across multiple industries.
With the introduction of anti-money laundering directives 4 and 5 in Europe, risk scoring of users and legal entities is becoming more relevant and...
In almost all post-revenue fintech companies with a consumer-facing app, there is an unspoken layer of friction between compliance risk management...
