Flagright has forged a partnership with Regtank, one of the leading providers of a one-stop compliance solution tailored for FinTech firms.
This collaboration is geared towards transforming the FinTech compliance domain by combining Flagright’s sophisticated Transaction Monitoring system with Regtank’s extensive compliance solutions.
With its cutting-edge AI technology, Flagright leads the charge in the fight against financial crime. The company provides a range of solutions including real-time transaction monitoring, sanctions screening, customer risk assessment, and case management, all accessible via an easy-to-use, no-code platform. Flagright’s commitment to facilitating secure and compliant financial transactions has cemented its position as a trusted partner for numerous esteemed financial entities.
Regtank operates from Singapore, gaining recognition for its proprietary compliance SaaS offering. The firm has earned the Singapore FinTech Certification from the Singapore FinTech Association, a testament to its commitment to excellence in compliance within one of the most fiercely competitive financial markets in the world. Regtank’s team of experts from leading financial and tech firms brings an unrivaled level of proficiency to compliance and regulatory standards.
The reason behind this strategic partnership lies in the rapidly evolving FinTech sector, where stringent transaction monitoring has become imperative. By integrating Flagright’s state-of-the-art monitoring capabilities, Regtank is poised to provide its clients with enhanced security and operational efficiency. This move is set to redefine the benchmarks for secure and compliant financial transactions in the FinTech industry.
Regtank’s suite, comprising Digital Onboarding, Business Onboarding, AML & KYC Screening, and Crypto Compliance, will now be augmented by the precision and vigilance of Flagright’s Transaction Monitoring technology. This merger underlines the mutual dedication to mastering the intricate aspects of compliance, security, and risk management.
Chief Strategy Officer at Regtank, Ming Sing, commented on the partnership: “In today’s dynamic fintech environment, ensuring robust transaction monitoring is crucial. Our collaboration with Flagright aligns seamlessly with our vision of providing top-tier compliance solutions. By integrating Flagright’s cutting-edge Transaction Monitoring capability, we are set to offer our clients an unparalleled level of security and efficiency in their operations.”
Flagright’s CEO, Baran Ozkan, also expressed his optimism about the collaboration: “We’re honored to partner with an esteemed entity like Regtank. Their reputation in the fintech compliance space is commendable, and together, we aim to set new benchmarks in ensuring secure and compliant financial transactions.”
This partnership marks a significant milestone for both companies and promises to set a new standard in compliance solutions within the FinTech sector.
Copyright © 2023 RegTech Analyst
Copyright © 2018 RegTech Analyst
