Flagright and Seis have announced a groundbreaking deal, with the latter coming in as a customer.
Flagright, globally acknowledged for its Anti-Money Laundering (AML) compliance and fraud prevention solutions, seeks to fortify Seis’s financial offerings. The latter, a United States-based FinTech backed by Y Combinator, is known for providing a myriad of fair, secure, and seamless banking solutions.
This collaboration stems from a mutual ambition to enhance the banking experience by bolstering security and increasing accessibility for customers. By amalgamating Flagright’s sophisticated AML compliance and fraud prevention solutions with Seis’s adept banking services, both companies aim to markedly enhance their collective influence on financial security and accessibility, fostering a more secure and inclusive financial world.
Flagright stands as a global leader, meticulously combatting financial crime through its specialisation in AML compliance and fraud prevention. With a unified, potent solution that amalgamates various compliance tools into a singular, intuitive package – including real-time transaction monitoring, case management, customer risk assessment, and sanctions screening – the company is devoted to surpassing industry standards, meeting regulatory requirements, and safeguarding against financial crime threats on a global scale.
Conversely, Seis, stationed in the United States and enjoying backing from Y Combinator, has been a swift ascender in the FinTech arena. Their dedication to offering seamless, secure, and equitable banking solutions caters to a broad spectrum of customer needs, solidifying their stance as innovators within the sector.
The partnership underpins an essential stride in their shared trajectory towards a more secure and inclusive financial environment. Integrating Flagright’s progressive AML compliance and fraud prevention solutions with Seis’s banking services is anticipated to significantly bolster their collective impact on financial security and accessibility.
Seis CEO and co-founder Trevor McKendrick expressed, “We are thrilled to be teaming up with Flagright. Their commitment to preventing financial crime and securing payments aligns perfectly with our mission of prioritising our users’ security.”
Similarly, Flagright co-founder and CEO Baran Ozkan conveyed, “Seis is a pioneer in the FinTech space, making banking more accessible and secure. We’re delighted to support their vision with our AML compliance and fraud protection solutions.”
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