Flagright, the AI-native provider of financial crime compliance solutions and risk management technology empowering financial institutions to combat financial crime, proudly announces B4B Payments as its newest customer.
B4B Payments is a multi-award-winning, global financial services technology company offering an advanced transaction payments platform and APIs for emerging payments and financial services. Our flexible technology and comprehensive services include embedded finances, payment accounts & FX, rapid payouts, physical and virtual card issuing, and BIN sponsorship.
With over 19 years of expertise in payments, B4B Payments is headquartered in the UK. In Europe, B4B Payments is regulated as an e-money institution (EMI) authorised by the Financial Conduct Authority (FCA) and the Bank of Lithuania and is a Mastercard® Principal Member.
By deploying Flagright’s AI-native AML and fraud detection services, B4B Payments can better safeguard client transactions in real-time, reduce false positives, and streamline alert investigations, making its payment solutions more secure and efficient.
At B4B Payments, our commitment is to deliver seamless and secure payment experiences whilst maintaining a safe and secure environment for all our customers," said Tom Jennings, CEO of B4B Payments. "By integrating Flagright's Al-native compliance platform, we have enhanced our fraud detection and anti-money laundering (AML) monitoring capabilities. This allows us to proactively identify and mitigate risks, ensuring a safe and secure environment for our customers and upholding the highest standards of compliance.
Flagright’s no-code platform delivers powerful watchlist screening solutions powered by LLMs and advanced algorithms to support real-time transaction monitoring, AML case management, and risk scoring. Designed to significantly reduce false positives and speed up alert investigations, the platform enables companies like B4B Payments to implement comprehensive risk management quickly. With an average integration period of just two weeks, Flagright helps financial institutions stay compliant and agile in a rapidly changing regulatory environment.
“We’re thrilled to welcome B4B Payments to the Flagright family,” said Baran Ozkan, Co-founder and CEO of Flagright. “Their focus on providing innovative, global prepaid card solutions aligns perfectly with our mission to simplify and enhance financial crime compliance. Together, we’re poised to deliver secure, frictionless payment experiences that protect businesses and their customers around the world.”
About Flagright
Flagright is an AI-native AML compliance and risk management platform that leverages LLMs and advanced algorithms to equip financial institutions with real-time transaction monitoring, case management, risk scoring, and AML screening. Rated #1 globally on G2 for transaction monitoring and AML compliance in 2024, Flagright cuts false positives by 90% and alert investigation time by 80%. Headquartered in Singapore and operating worldwide, Flagright helps customers go live in an average of two weeks, offering the modern standard for efficient, AI-driven financial crime compliance.
About B4B Payments
B4B Payments is a proud member of the Banking Circle Group offering Banking-as-a-Service solutions.
With over 19 years of payment expertise and recognition as a regulated EMI in the UK and EU, we are a principal member of Mastercard Europe and a partner of VISA Inc. in the USA. Our comprehensive solutions encompass BIN sponsorship, payment accounts, FX, and card issuing, which reflect our commitment to cutting-edge financial solutions.
About the Author
Joseph Ibitola leads global demand generation at Flagright, an AI-native transaction monitoring and AML compliance platform. He drives marketing strategy, campaigns, and growth initiatives that help financial institutions adopt stronger compliance frameworks and reduce fraud risk. With expertise spanning fraud prevention, AML compliance, and financial risk management, Joseph also develops thought leadership and educational resources that position Flagright as a trusted partner to the finance industry.
