GRC Viewpoint

Regtech Firm Flagright Extends Services into US

“This hands-on approach to initiating our US operations highlights the strategic vision and practical steps taken to establish Flagright as a trusted partner to financial institutions around the world,” says an official statement from Flagright regrading its decision to expand into the U.S.

The company claims that entering the US solidifies its position as a provider of no-code, centrally located AML compliance and fraud prevention solutions and represents a “significant milestone” in its development.

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The expansion also includes change in leadership, especially with respect to the sales team. 

“As we embark on this exciting new chapter, we remain committed to our mission of simplifying AML compliance and fraud prevention for financial institutions worldwide. Our expansion into the US market reinforces our dedication to providing innovative, scalable, and cost-effective solutions that enable our customers to confidently navigate the complex world of financial regulation and security,” adds the firm.

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With tools for case management, sanctions screening, risk-based & real- time transaction monitoring, and ID verification, Flagright guards financial institutions against financial crime. It is an all-encompassing infrastructure solution to prevent fraud, money laundering, and financing of terrorism.

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