Flagright Welcomes Banked as a Customer in Their Fight Against Financial Crime

Flagright, a trusted AML compliance solution and fraud prevention provider, is delighted to announce Banked as its newest customer, marking a significant partnership aimed at revolutionizing digital payment security.

Banked, a global fintech building a next-gen payment network, is reimagining mainstream payment methods and the current infrastructure facilitating digital payments around the world. Their account-to-account payment solutions are focused on offering a fairer, faster and highly secure payment experience for merchants and consumers. Partnering with Flagright represents a powerful synergy of shared commitments to secure, efficient, and fair financial transactions.

"We are excited to onboard Banked and provide them with the robust security measures necessary for their innovative digital payments network," stated Baran Ozkan, co-founder and CEO of Flagright. "Our advanced technology and best-in-class solutions will deliver comprehensive anti-fraud measures and unwavering AML compliance, significantly enhancing the security of their services.”

John Fernandez, Chief Legal & Compliance Officer at Banked, shares the excitement. "Partnering with Flagright to fortify our compliance and security measures aligns very well with our commitment to a seamless and secure payment experience for our customers. Their strong track record in AML compliance and fraud prevention made the choice clear."

Flagright's flexible, no-code platform will allow Banked to seamlessly integrate AML compliance and fraud prevention solutions, promoting secure transactions across payment processors and reducing financial crime. This partnership marks a significant milestone in both companies’ commitment to building a safer, more efficient global financial system.

About Flagright

Flagright is a global provider of AML compliance and fraud prevention solutions for fintechs, digital banks and neobanks. The platform enables financial institutions of all sizes to stop financial crime, secure payments, and manage the complexity of regulatory requirements, with an industry-leading integration time averaging just one week.

About Banked

Banked is creating a new global payments network and providing a flexible alternative to mainstream payment methods. With Banked, consumers can pay directly using their bank without entering any financial data. There is no need to create an account or share financial details; authorization is biometric, and the merchant receives the funds in full and in real-time. Businesses benefit from up to 90% lower fees than traditional payment methods and virtually no fraud, promoting lower prices for consumers. Banked also enables businesses to drive customer engagement and loyalty with incentives and rewards integrated into the payment experience. The company has offices in London, Palo Alto, Sydney, Melbourne and Lithuania. For more information, visit www.banked.com.

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.

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