Tag: transaction monitoring

Kontigo, a USDC-smart neobank for Latinos offering digital dollar savings, payments, and remittances, has announced a partnership with Flagright. Both companies, alumni of Y Combinator,...

Monzo Bank has been fined £21m by the Financial Conduct Authority (FCA) for serious failings in its financial crime controls, marking the tenth enforcement...

Switching from a legacy anti-money laundering (AML) transaction monitoring system to a modern solution is a complex undertaking requiring careful planning. The process involves...

WIEX, a firm that provides secure, compliant, and efficient transaction infrastructure for institutions and corporations, has partnered with Flagright.  The partnership aims to enhance WIEX’s...

The global market for anti-money laundering (AML) transaction monitoring software is expanding at an unprecedented pace, driven by increasingly complex financial crimes and tighter...

In the global effort to tackle financial crime, two tools form the backbone of anti-money laundering (AML) strategies: transaction screening and transaction monitoring. These terms are often used interchangeably, yet they perform very different roles.

WorkFusion recently unveiled AI Agent Edward, a solution designed to revolutionise enhanced due diligence (EDD) at financial institutions. The company, known for its AI...

Fig, a Canadian personal loan provider, has partnered with Flagright to strengthen its AML and fraud defences as the company expands its lending operations...

Sweden has emerged as one of the leading examples of a cashless society, with digital payments accounting for nearly 90% of in-store transactions, according to Riksbank’s 2024 Payments Report.

Money laundering remains one of the world’s most pervasive financial crimes, continuing to flow through the global banking system despite decades of anti-money laundering...