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Flagright & Traxion team to offer digital transaction security

By Gloria Mathias

February 20, 2024

  • Aforti
  • AI
  • AML
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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, Traxion, Digital Transaction Security, AML Compliance, Fraud detection, Singapore, APAC Fintech RegTechFlagright, the provider of AI-native Anti-Money Laundering (AML) compliance and fraud prevention solutions has announced its partnership with Traxion, a digital transactions solution in Southeast Asia.

This partnership is set to significantly elevate the security and reliability of digital financial services in the region.

Traxion, with its approach to digital transactions, offers businesses and consumers a secure and efficient platform for a wide range of services, including payments, remittances, and business solutions. Through this collaboration, Traxion will leverage Flagright’s technology to further enhance its security measures, ensuring a safer transaction environment for all users.

Ann Cuisia, CEO at Traxion, shared, “Aligning with Flagright is a game-changer for Traxion. It amplifies our commitment to providing the most secure and trustworthy digital transaction platform in Southeast Asia. Flagright’s advanced AML and fraud prevention solutions will play a crucial role in safeguarding our users’ transactions against the evolving landscape of digital financial threats.”

Flagright’s AI technology and easy-to-use, no-code interface will enable Traxion to seamlessly integrate comprehensive compliance and fraud prevention measures, reinforcing the security of its digital transaction platform. This partnership underscores both companies’ dedication to enhancing the digital financial ecosystem’s integrity and trust.

Baran Ozkan, Co-founder and CEO of Flagright, said, “We are thrilled to partner with Traxion, a company at the forefront of digital transaction innovation in Southeast Asia. This collaboration is a testament to our shared vision of making digital transactions more secure and accessible. We are eager to support Traxion’s growth with our robust security solutions.”

Flagright is an AI-native AML compliance and fraud prevention solution, that empowers financial institutions worldwide to fight financial crimes and ensure secure transactions. Its comprehensive product suite includes real-time transaction monitoring, case management, sanctions screening, and customer risk assessment, all accessible through a user-friendly, no-code platform.

Traxion is a digital transaction provider in Southeast Asia, offering a broad spectrum of financial services and solutions. It is dedicated to transforming how businesses and consumers conduct transactions, making digital financial services more accessible and secure for everyone.

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