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Flagright & Nodabank join forces to boost digital banking security

By Gloria Mathias

April 11, 2024

  • AI
  • AML
  • Anti - Money Laundering
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Flagright, Aforti, SMEs, Financial Services, AI, Anti-Money Laundering, AML, fraud prevention, traditional banking, online currency exchange, financial institution, Fintech news, Fintech Europe, Nodabank, Digital Banking, Digital banks, Banking technology, Secure banking, Flagright, an AI-native anti-money laundering (AML) compliance and fraud prevention solution, has announced its latest customer, Nodabank, a digital bank.

This collaboration aims to set a new benchmark for digital banking security by combining Flagright’s advanced security technologies with Nodabank’s banking services.

Nodabank, recognised for its commitment to providing secure, user-friendly digital banking solutions, is enhancing its security framework by incorporating Flagright’s state-of-the-art AML compliance and fraud prevention technology. This partnership is a testament to Nodabank’s dedication to safeguarding its clients’ assets and transactions in the rapidly evolving digital banking landscape.

Zac Shander-Kelsey, Director of Nodabank shared, “Our partnership with Flagright represents a pivotal advancement in our ongoing effort to provide the highest level of security for our customers. Flagright’s comprehensive security solutions will significantly strengthen our capabilities in detecting and preventing financial crimes, ensuring that our clients’ banking experiences are not only seamless but also supremely safe. We are excited to lead the digital banking sector with enhanced security measures that set us apart.”

Flagright’s AI technology and intuitive, no-code platform will enable Nodabank to seamlessly integrate comprehensive compliance and fraud prevention measures. This collaboration underscores both companies’ commitment to delivering secure, efficient, and forward-thinking financial solutions.

Baran Ozkan, co-founder and CEO of Flagright said, “We are thrilled to collaborate with Nodabank, a company that shares our vision for revolutionising digital banking with unmatched security and customer service. This partnership is a significant step towards our mutual goal of creating a safer financial ecosystem for digital banking users. We look forward to supporting Nodabank’s mission with our robust security solutions.”

Nodabank is a crypto-friendly digital bank offering a range of banking services to 100+ jurisdictions designed to meet the needs of today’s digital-savvy consumers and businesses. With a focus on security, convenience, and customer service, Nodabank is committed to transforming the digital banking experience, making it safer, easier, and more accessible.

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