Flagright, the AI-native, no-code platform for transaction monitoring and AML compliance, is pleased to welcome Nedsom as its newest customer. Nedsom has selected Flagright’s AI-native transaction monitoring and AML compliance solutions to support its growth into new markets and replace manual, Excel-based compliance processes.

Nedsom, also operating under the trade name Nedpay, is a Europe-based payment institution that enables individuals to send money worldwide. With support for both web and mobile apps, various payment methods, competitive fees, and robust security, Nedsom offers fast, reliable, and transparent transfers across multiple global corridors.

“At Nedsom, we are expanding our reach into new corridors, but manual, spreadsheet-based processes can’t keep up with our growing volume,” said Liban Khalif, CEO of Nedsom. “Flagright’s no-code platform empowers our small team to configure rules, monitor high-risk transactions, and manage investigations without relying on engineers. This partnership ensures that our compliance is as seamless and reliable as our transfers.”

Nedsom’s compliance team needed a scalable, automated system for transaction monitoring, rule-building, and risk scoring that does not require engineering resources. Flagright’s AI-native transaction monitoring and AML compliance solutions will give Nedsom real-time visibility into all transactions, automated alerting and case management, and an auditable framework to stay ahead of evolving regulatory expectations.

“We’re thrilled to welcome Nedsom to the Flagright family,” said Baran Ozkan, Co-founder and CEO of Flagright. “Their mission to make global money transfers fast, secure, and accessible aligns perfectly with our vision of modernizing financial crime compliance. Together, we will enable Nedsom to expand confidently, knowing they have the tools to proactively address risk.”

About Flagright

Flagright is an AI-native, no-code platform for transaction monitoring and AML compliance. It enables financial institutions to centralize detection, investigation, and reporting of suspicious activity, streamlining regulatory workflows and strengthening financial crime controls. By replacing fragmented systems, Flagright helps reduce false positives by 93% and lower compliance costs by 80%, thereby setting the modern standard for financial crime compliance.

About Nedsom

Nedsom is a Europe-based payment institution dedicated to making global money transfers fast, reliable, and affordable. With web-accessible and mobile apps, support for various payments, competitive fees, and top-tier security, Nedsom enables individuals to send money worldwide with ease and confidence.