Money moves faster than ever, and so does financial crime. Every transaction carries more than value; it carries risk, responsibility, and reputation. For banks and fintech companies operating under intense regulatory scrutiny, the challenge is no longer simply detecting suspicious activity. It is doing so in real time, at scale, without slowing growth or overwhelming compliance teams with noise. Trust has become the most valuable currency in finance, and protecting it demands systems that are intelligent, adaptive, and built for the realities of modern business.

This is where Flagright’s journey begins, not as another compliance vendor, but as a response to a problem experienced first-hand. The company was founded on a simple but powerful idea: build the AML solution its creators wished existed. After spending over a year searching for a real-time, risk-based transaction monitoring system that truly worked, Flagright’s co-founder Baran saw a pattern of overpromises and underperformance across the market. Instead of accepting the status quo, he partnered with Madhu, a specialist in scalable, data-intensive systems, to rethink financial crime compliance from the ground up.

At its core, Flagright tackles the relentless challenge of financial crime, where threats morph daily and regulations tighten relentlessly. By flipping traditional compliance inside out, the company equips institutions with tools that detect risks in real time, streamline processes, and enhance customer trust. Its platform isn't a static fix; it's a dynamic ally that adapts to emerging dangers, from money laundering schemes to sanction evasions. Trusted by powerhouses like PNB, GoCardless, First Digital, Betterment, Banked, B4B, ASNB, Seis, Fairstone, Xendit, Catalyst, Stake, Reap, Zepto, Baraka, HitPay, Tipalti, and smeBank, Flagright proves its mettle through results that speak louder than features.

Revolutionizing Transaction Monitoring for Great Vigilance

In the high-stakes arena of financial transactions, where billions flow in seconds, Flagright's transaction monitoring stands as a beacon of flexibility and reliability. Institutions can monitor activities effortlessly, configuring rules in minutes through a no-code system that detects suspicious patterns with precision. The custom scenario builder allows teams to craft tailored rules, slashing false positives and honing in on genuine threats. With a predefined rules library, setup is swift—no engineering bottlenecks or endless waits. Before going live, users test rules risk-free via simulations and backtesting, refining them for optimal accuracy. This approach not only combats crime but also drives efficiency, letting compliance teams focus on strategy rather than sifting through noise.

Elevating Watchlist Screening with Intelligent Precision

Screening against global watchlists is no longer a fragmented nightmare thanks to Flagright's integrated solution. It centralizes checks for sanctions, politically exposed persons, and adverse media, powered by explainable AI agents that suppress false positives intelligently. Real-time access to the latest global data ensures institutions stay ahead of compliance curves, mitigating risks effectively. The advanced matching algorithms and filters integrate seamlessly, updating dynamically to minimize errors. For financial entities juggling international operations, this means smoother workflows, fewer disruptions, and a robust defense against illicit actors trying to slip through the cracks.

Dynamic Risk Scoring to Outpace Evolving Dangers

Flagright's risk scoring engine brings automation to the forefront, dynamically evaluating individuals, merchants, and transactions. By blending onboarding data with behavioral insights, it updates scores in real time, adapting to shifting threats. No-code configuration lets users tweak thresholds and models without tech support, aligning perfectly with regulatory demands. This automation cuts manual labor, erases human errors, and amps up efficiency, turning risk management into a proactive powerhouse. Institutions gain a clearer view of potential vulnerabilities, enabling faster decisions that protect assets and reputations.

Harnessing AI Forensics for Screening Mastery

Delving deeper into investigations, Flagright's AI Forensics for Screening transforms alert handling. It scales Level 1 probes, spotting false positives in seconds and crafting detailed disposition narratives. This automation slashes operational costs while honing focus on real risks—achieving up to 93% reduction in false alerts. Compliance teams reclaim time for critical work, ensuring precise, confident outcomes that align with internal protocols.

Accelerating Monitoring with AI-Driven Insights

For complex financial crime cases, Flagright's AI Forensics for Monitoring slashes investigation times by 90%. AI agents construct pivot tables, dissect customer behaviors, apply expert judgment, and deliver insights rapidly. This boosts decision-making, automates tedium, and provides intuitive natural language access to data. Analysts save hours daily, channeling efforts into high-impact strategies that fortify defenses against sophisticated schemes.

Streamlining Quality Assurance for Flawless Compliance

Quality assurance gets a major upgrade with Flagright's AI Forensics tailored for Level 3 teams. It automates sampling, data collection, and analysis, detecting errors swiftly and cutting operational mistakes by 25%. With verified steps and streamlined workflows, institutions ensure every compliance process runs impeccably, minimizing risks and upholding standards without exhaustive manual oversight.

Empowering Governance through Proactive AI

Governance reaches new heights as Flagright's AI Forensics tracks regulatory shifts, assesses impacts, and offers recommendations for horizon scanning. Subscribing to bodies like FATF, it automates policy updates, reducing non-compliance dangers and avoiding fines. A centralized repository, impact assessments via natural language queries, and maker-checker workflows with audit trails provide transparency and control. This forward-thinking tool keeps policies agile, ensuring long-term resilience.

Privacy and security form the bedrock, with banking-grade protections, zero data persistence, and military-level encryption safeguarding sensitive information. Data never trains external models, and deployments avoid PII storage, blending real-time processing with ironclad compliance.

In a landscape riddled with financial crime pitfalls, Flagright emerges as the ultimate guardian, blending innovation with empathy to empower institutions. By addressing core challenges head-on, from detection to governance it doesn't just solve problems; it propels businesses toward a secure, efficient future. As threats evolve, Flagright stands ready, proving that true compliance is about building trust that lasts.

About | Baran Ozkan

Baran Ozkan is the Co-Founder and CEO of Flagright, an AI-native AML compliance and fraud prevention platform for financial institutions. Based in Singapore, he leads product strategy, focusing on providing real-time, no-code solutions to fintechs globally.

“We don’t just build compliance solutions; we build for trust, security, and long-term success. Our values shape how we operate, innovate, and support financial institutions worldwide.”