Hi there, this is Baran and Madhu from Flagright! 👋🏼

Flagright provides an all-in-one software for financial institutions to manage financial crime risk and meet AML compliance regulations 🕵🏼. Our unified API delivers the essential (and mandatory) capabilities for regulatory compliance such as transaction monitoring, risk scoring, sanctions screening, case management and more, all managed via a no-code, flexible, and intuitive interface by the operational teams.. Flagright offers the fastest integration times globally: 4 days on average across all integrations with fintechs in 6 continents.

The launch: Flagright AI 🤖

Financial crime ops teams spend a lot of time doing research on customers and investigating suspicious activity on a daily basis. The mundane tasks are the main driver of inefficiency and headcount for financial institutions and fincrime teams 😩. Flagright AI automates these tasks and even eliminates it entirely for certain use cases such as merchant monitoring 🔎.

In addition to our proprietary technology, Flagright AI leverages the GPT API for specific features. This is the first time the power of GPT is brought to AML compliance teams at scale, globally! 🚀

Here's an overview of the newest capabilities:

1. Merchant monitoring and alerting 🔎: The GPT-powered merchant monitoring and alerting module enables Flagright customers to monitor merchants across multiple sources and channels with zero manual input. It eliminates 100% of manual monitoring efforts and improves fincrime operations while ensuring fast response times and maximum risk-mitigation.
2. Salesforce, Zendesk, and Hubspot integrations + GPT summaries ✉️: The CRM integrations will consolidate your CRM correspondence within the Flagright case management system, with Flagright AI summarizing the highlights of customer correspondence. It eliminates the need to comb through tens of emails and messages for each customer correspondence. As a result, it saves analysts 15% of their time each day, improving operational efficiency and accuracy.
3. Case and alert narrative generator ✍️: Our AI Narrative Writer drastically improves analyst performance, decreasing the time it takes to write a contextual narrative for each suspicious activity by 90+%. Flagright AI captures an analyst’s writing style, sentiment, user information, case closing reason, and specific suspicious activity.
4. AML AI risk score ⚠️: AML Compliance Officers can now leverage AI to risk score their customers as a complementary mechanism to their traditional risk assessment (CRA) approach. The combination of heuristics & AI delivers maximum operational efficiency while maintaining explainability for regulators.
5. SAR generator 📇: Our Suspicious Activity Report generator leverages GPT and can automatically create a SAR for any suspicious activity flagged by our platform's monitoring systems, reducing the time spent by 99%. Flagright AI ensures that SARs are generated consistently and accurately and reduces the risk of errors in manual SAR creation.

Flagright AI represents a significant milestone in our journey to empower financial institutions with best-in-class operational tooling for AML compliance and fraud prevention.

We are excited to see the impact that Flagright AI will have on our customers and building a safer, more secure financial ecosystem. Contact us to schedule a free demo if you are interested in learning more.

Launch deal

• 50% discount on Flagright AI suite for the next 5 customers that sign up. First come, first serve! Get a demo now by clicking here!
• Y Combinator companies have additional discounts apply here.