PinnaclePay, a provider of B2B financial services, has enhanced its compliance and risk management strategies by integrating Flagright’s advanced AML solutions.
This alliance aims to bolster the security and regulatory compliance of PinnaclePay’s extensive financial offerings, which include quick onboarding, business accounts, and a suite of premium financial services facilitated through robust desktop and mobile platforms.
Saachi Saggar, director of PinnaclePay, highlighted the significance of this collaboration. “At PinnaclePay, we are focused on providing secure, efficient, and innovative financial services to our clients. Flagright’s AI-native compliance platform ensures that we maintain the highest standards of transaction monitoring and customer risk assessment while continuing to offer a seamless user experience. This collaboration with Flagright strengthens our ability to deliver trusted and fully compliant services, helping our clients thrive in a competitive financial landscape,” Saggar said.
Flagright, known for its pioneering AI-native, no-code compliance platform, offers real-time transaction monitoring and sophisticated case management capabilities. Its platform also features dynamic customer risk assessments and robust AML screening. The welcoming of PinnaclePay as a new customer allows for proactive AI-driven investigations, ensuring that PinnaclePay stays ahead of regulatory challenges and secures financial transactions.
Baran Ozkan, co-founder and CEO of Flagright, expressed his enthusiasm about supporting PinnaclePay’s mission. “We are delighted to support PinnaclePay as they deliver secure and efficient business-to-business payments solutions. Our partnership aligns with their vision of providing seamless and innovative services, and we look forward to helping them enhance their compliance capabilities while maintaining the highest level of security for their customers,” Ozkan remarked.
This alliance not only underscores PinnaclePay’s commitment to security and innovation but also highlights Flagright’s role as a facilitator of enhanced regulatory adherence in the FinTech sector.
Copyright © 2024 RegTech Analyst
Copyright © 2018 RegTech Analyst
