Flagright partners with Banked to enhance AML compliance and fraud prevention in digital payments

In a strategic partnership, Flagright, a leading provider in anti-money laundering (AML) compliance and fraud prevention, has welcomed Banked as its latest customer. This alliance is projected to significantly transform the landscape of digital payment security, offering enhanced protection to merchants and consumers alike.

Banked’s Unique Approach to Payment Methods

Banked has been making waves in the payment industry by reshaping traditional payment methods. The company has focused on building a next-generation payment network that aims to provide an enhanced payment experience for both merchants and consumers. By partnering with Flagright, Banked is further solidifying its dedication to guaranteeing secure, streamlined, and just financial exchanges.

Collaborating for secure and streamlined financial exchanges

The partnership between Banked and Flagright brings together the expertise of both companies to ensure secure and efficient transactions. Banked’s commitment to providing a seamless and secure payment experience aligns perfectly with Flagright’s mission of enhancing AML compliance and fraud prevention measures. Through this collaboration, both companies aim to create a financial ecosystem where users can confidently conduct their transactions without worrying about security risks.

Flagright’s Robust Security Measures

As Banked works towards building its next-generation payment network, Flagright steps in to provide the necessary security measures. Flagright’s advanced technology and best-in-class solutions equip Banked with comprehensive anti-fraud measures and unwavering AML compliance, significantly enhancing the security of their services. By leveraging Flagright’s expertise, Banked can ensure that their platform remains secure and trustworthy for their customers.

Bank’s Commitment to Seamless and Secure Payments

John Fernandez, Chief Legal & Compliance Officer at Banked, expresses his enthusiasm for the partnership, stating that it aligns well with Banked’s commitment to a seamless and secure payment experience. Partnering with Flagright allows Banked to fortify its compliance and security measures, assuring customers that their transactions are protected.

Flagright’s Code-Free Platform for Integration

Flagright’s versatile and code-free platform offers Banked a straightforward integration pathway for AML compliance and fraud deterrence. With its user-friendly interface and simplified integration process, Flagright simplifies the implementation of robust security measures within Banked’s payment network. This enables Banked to focus on providing a seamless user experience while ensuring the highest level of security.

Shared Vision for a Safer Financial Ecosystem

The partnership between Flagright and Banked represents a shared vision of creating a globally safer and more efficient financial ecosystem. Both companies aim to pioneer new standards in payment security and compliance, setting an example for other players in the industry. This amalgamation of shared vision and goals reinforces the commitment of both companies toward building a safer and more secure digital payment landscape.

By partnering with Flagright, Banked strengthens its position as a leader in reshaping traditional payment methods. The collaboration ensures that Banked’s next-generation payment network is backed by robust security measures and AML compliance protocols. This partnership marks a significant step towards a safer and more efficient digital payment ecosystem, where merchants and consumers can conduct transactions with peace of mind. With Banked’s innovative solutions and Flagright’s expertise in security, the shared vision of both companies becomes a reality, paving the way for a more secure financial future.

Explore more

How Can Payroll Become a Key Retention Tool in LATAM and US?

This guide aims to help employers in LATAM and the US transform payroll from a routine administrative task into a strategic tool for retaining top talent. By following the outlined steps, businesses can enhance employee satisfaction, build trust, and reduce turnover in highly competitive job markets. The purpose of this guide is to demonstrate that payroll, when managed thoughtfully, becomes

How Will SRE.ai Revolutionize DevOps with AI Automation?

In today’s rapidly shifting landscape of software development, the sheer volume of custom applications being built for various software-as-a-service (SaaS) platforms has created unprecedented challenges for DevOps teams. As businesses increasingly rely on low-code and no-code tools, alongside AI-driven development, the pace of code creation often outstrips the capacity of traditional workflows to manage it effectively. Enter SRE.ai, an innovative

Standard Chartered Leads Digital Wealth Innovation in Asia Pacific

What happens when managing personal wealth becomes as effortless as scrolling through a smartphone app? In the fast-evolving financial landscape of Asia Pacific, Standard Chartered is crafting this reality for affluent clients, blending cutting-edge technology with tailored advisory services to transform how wealth is built and preserved. This pioneering approach has not only captured the attention of high-net-worth individuals but

How Does Dynamics 365 BC Simplify Month-End Closings?

Imagine if the final days of each month didn’t turn into a grueling race against time for finance teams, where a Finance Director is buried under stacks of spreadsheets, chasing last-minute data from multiple departments, and scrambling to reconcile discrepancies as the clock ticks down. Month-end closings often feel like an uphill battle, draining energy and resources when precision and

Why Business Central Suits Process Manufacturers with Vicinity

Welcome to an insightful conversation with Dominic Jainy, an IT professional with deep expertise in leveraging technology solutions for niche industries. Today, we dive into the world of process manufacturing and explore how Microsoft Dynamics 365 Business Central, when paired with specialized tools like Vicinity, can transform the operational landscape for manufacturers who rely on formulas and recipes. In this