Flagright and Integrated Finance Join Forces to Simplify FinTech Compliance Solutions
In a significant move to streamline FinTech integration processes, Flagright has announced a strategic partnership with Integrated Finance, a leading FinTech infrastructure provider. This collaboration aims to optimize the way FinTech teams integrate compliance and core infrastructure workflows, allowing for faster product development and deployment.
Enhancing FinTech Integration through Collaboration
By mapping Integrated Finance’s APIs with Flagright’s compliance solutions, this partnership is set to simplify the complexities faced by FinTech developers. Here’s how this collaboration will benefit the industry:
- Faster Product Development: Joint customers can build products more quickly by utilizing pre-mapped APIs.
- Reduced Complexity: The integration of compliance and banking infrastructure simplifies vendor connections.
- Accelerated Go-to-Market Timelines: Developers can launch products without the lengthy integration processes typically involved.
Core Offerings of Each Partner
Integrated Finance provides essential banking infrastructure, including:
- Accounts
- Payments
- Card solutions
Flagright complements this with robust compliance capabilities, including:
- Real-time AML monitoring
- Risk scoring
- Case management
- AI-powered forensics
Use Cases and Benefits for FinTech Firms
This partnership supports various use cases, such as:
- Multi-currency wallets requiring real-time transaction monitoring
- Lending platforms needing seamless onboarding and compliance
- Embedded finance applications integrating infrastructure and AML controls
Leadership Insights on the Partnership
Daniel Cronin, co-founder and COO of Integrated Finance, emphasized the importance of customer choice, stating, “Our infrastructure layer empowers clients to select solutions that best fit their needs. This partnership with Flagright is about simplifying that choice and enhancing the customer experience.”
Baran Ozkan, co-founder and CEO of Flagright, added, “Our collaboration merges proven infrastructure with AI-driven compliance tools, enabling teams to innovate without compromising on speed or security.”
For more details on this partnership, read the full article on RegTech Analyst.