In order to assist expand AI-led fintech solutions that improve financial security, Manigo, a supplier of digital banking platform-as-a-service, and Flagright, a fintech that specializes in combating financial crime and anti-money laundering (AML), have joined.

Flagright thinks the agreement will contribute to the redefining of security norms and the development of more creative applications of AI in the financial services security domain.

Manigo & Flagright: Integrating security technology with core banking

As a Flagright partner, Manigo is anticipated to significantly improve its defenses against financial crimes and fraud attempts.

The collaboration, according to Manigo, a provider of fintech and core banking services, is essential to ensuring that it stays at the forefront of risk management and compliance and helps it establish new standards for security in online banking.

Additionally, it contributes to the increased trust that customers have in Manigo's services. Since fintech and core banking are unfamiliar to many companies, their confidence in implementing new financial infrastructure must be fully established.

Now that the fintech has significantly scaled security with Flagright, whatever concerns Manigo's business clients may have regarding security will undoubtedly be allayed.

In fact, Manigo claims that by integrating a cutting-edge AML and fraud prevention platform, the agreement demonstrates its dedication to superior compliance automation.

Flagright, meanwhile, is aided in its mission to combat financial crime by this most recent collaboration agreement, which shows how AI and no-code interfaces can significantly improve security measures and counter the most recent threats from scammers.

Manigo's co-founder and head of growth, Olya Parafiyanovich, says, "We are thrilled to work with Flagright. This partnership demonstrates our commitment to provide our partners' end users the safest possible online banking experience.

"Flagright's cutting-edge technology will ensure that our platform stays at the forefront of risk management and compliance, further strengthening our defenses against fraud and financial crime."

"We are delighted to partner with Manigo, a company that is transforming digital banking with its innovative tech solutions and makes it so easy for companies to offer financial products under their brand," says Baran Ozkan, co-founder and CEO of Flagright.

"This partnership is a significant step toward our goal of improving financial security around the world. With our strong security protocols, we are eager to help Manigo's platform and make the financial ecosystem safer for all users.