Breaking News
Scintilla Selects Flagright to Power Real‑Time Transaction Monitoring and AML Compliance in the UAE
Flagright, the AI‑native, no‑code platform for transaction monitoring and AML compliance, is pleased to welcome Scintilla as a client. Scintilla, a privately owned, fully licensed virtual‑asset exchange and broker/dealer in the UAE regulated by VAR will deploy Flagright’s real‑time Transaction Monitoring, Customer & Counterparty Risk Scoring, and Case Management to strengthen financial‑crime controls across tokenization, OTC stablecoin‑to‑fiat/crypto conversions, and exchange operations.
“Our business is built on trust, regulation, and execution,” said Tim Popplewell, CEO of Scintilla. “We chose Flagright because it gave us speed without sacrificing rigor. In a matter of weeks we can configure typologies for tokenization flows, OTC conversions, and exchange activity, monitor risk in real time, and document every decision end‑to‑end. That combination of agility and auditability is exactly what a regulated market participant in the UAE needs.”
Scintilla offers tokenization services, broker/dealer remittance and conversion capabilities, and exchange services for secondary trading. As activity scales, the firm is unifying detection and investigation in a single platform to meet UAE AML/CFT expectations and VARA’s supervisory requirements with confidence.
“Regulatory clarity and operational discipline are non‑negotiable for us,” added Janey Schueller, Chief Compliance Officer at Scintilla. “Flagright lets our compliance team own the rulebook with which we can the risk score counterparties dynamically, triage alerts intelligently, reconstruct complex transaction trails with AI forensics, and produce regulator‑ready evidence on demand. It elevates our risk‑based approach while keeping operations efficient.”
What Scintilla gains with Flagright
- Real‑time transaction monitoring to detect risks before they become a threat, with no‑code rules and typologies tailored to tokenization, OTC conversions, remittances, and exchange activity.
- Dynamic risk scoring for customers and counterparties that adapts to changing behavior and risk factors.
- End‑to‑end case management, including work‑pool dashboards, intelligent triage, collaboration, and complete audit trails for investigations and regulatory reporting.
- AI forensics to reconstruct transaction paths and accelerate investigations while reducing false positives.
- Regulatory alignment with the UAE AML/CFT framework and FATF‑aligned guidance, supporting obligations under VARA supervision.
“Scintilla is building a best‑in‑class, fully licensed venue in one of the world’s most forward‑thinking jurisdictions,” said Baran Ozkan, Co‑founder and CEO of Flagright. “We’re excited to help them safeguard every transaction with a modern, configurable platform that goes live fast and scales with their growth.
- Pocket Network Is Pioneering ‘DePIN for Data’ Read more
- Kea Rolls Out Local Payouts in 85+ Currencies Read more
- Friendly Fraud Expected to Increase by 25% Between Thanksgiving and Cyber Monday, Warns ACI Worldwide Read more
- Tide to Launch Connected Insurance for SMBs Read more
- Market Backs 3-Year LIMOSS/Vitesse FCP Contract to Improve Treasury Management and Claims Payments in the Lloyd’s Market Read more
Cross River Launches Stablecoin Payments With Infrastructure to Power the Future of Onchain Finance
Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, today announced the launch of its offering to power stablecoin payments*. Integrated directly with Cross River’s real-time core, COS, the offering unifies fiat and stablecoin flows through a single, interoperable system—enabling companies to move value across chains and traditional rails, leveraging bank-grade compliance.
BingX Presents Crypto Friday Series to Empower Traders with Insights and Guidelines
BingX launches its new video series, BingX Crypto Friday, along with its livestream extension Alpha Room, for global users
Vaultz Capital Expands Bitcoin Custody with Xapo Bank Registration
Vaultz Capital plc (AQSE: V3TC | FRA: VJ2 | OTCQB: VZTCF), a digital asset operating company, is pleased to announce it has completed onboarding with Xapo Bank (“Xapo”), the Bitcoin-first financial institution, one of the world’s earliest and most established Bitcoin custodians and a fully licensed bank offering secure, growth-oriented financial services. The Company will utilise Xapo’s institutional-grade custody for the Company’s Bitcoin Treasury.
Latin America Reaches Breakthrough Year in Crypto Adoption as Regulatory Momentum Accelerates
Latin America is experiencing a breakthrough moment in crypto adoption, driven by rapid regulatory progress and expanding user participation across the region. A new report published by Coinchange, in collaboration with Bitso, reveals that digital asset usage in Latin America grew 116% in 2024, while crypto adoption increased an additional 63% between mid-2024 and mid-2025, surpassing 57 million users holding or transacting with cryptoassets.
Backed Launches xPort to Bring Trillions in Equities Onchain
Backed, the pioneer issuer of tokenized stocks (xStocks), today announced the launch of xPort, a groundbreaking new tokenization engine. This feature creates a direct mechanism for funds, market makers and institutions to convert existing equity holdings into their tokenized xStock counterparts, opening a clear path to onboard trillions in assets.
CoinPayments Marks U.S. Market Expansion, Bringing Trusted Crypto Payment Solutions to Merchants and Consumers
CoinPayments, a global leader in cryptocurrency payment processing, today announced its re-entry into the United States, marking a significant milestone in the company’s growth and reaffirming its position as one of the world’s most trusted digital payment solutions.
Axal Launches Mobile App Bringing Onchain Yield to the Masses
Axal, the fintech startup backed by a16z CSX and CMT Digital, is partnering with MoonPay, the global leader in crypto payments, to launch the Axal mobile app, going live on November 19, 2025. The app enables users worldwide to earn onchain yield effortlessly, combining the power of decentralized finance (DeFi) with seamless mobile-first access, ACH onramping, and full chain and gas abstraction.
Pocket Network Is Pioneering ‘DePIN for Data’
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Kea Rolls Out Local Payouts in 85+ Currencies
Kea has launched global Local Payouts in 85+ currencies for businesses that move money across borders
Friendly Fraud Expected to Increase by 25% Between Thanksgiving and Cyber Monday, Warns ACI Worldwide
Friendly fraud’ is expected to increase by 25% between Thanksgiving and Cyber Monday, according to an analysis of billions of transactions by ACI Worldwide
Tide to Launch Connected Insurance for SMBs
Tide is launching Tide Insurance for SMBs, enabling Tide members to access tailored business insurance directly through the Tide app
Market Backs 3-Year LIMOSS/Vitesse FCP Contract to Improve Treasury Management and Claims Payments in the Lloyd’s Market
The Lloyd’s Market Association (LMA), LIMOSS, and Vitesse have announced the signing of a new contract to continue the market-wide FCP Service for a minimum of three years
Wise Becomes First Non-Bank to Go Live on Japan’s Zengin System via API and Settle Directly With Bank of Japan
Wise has successfully completed its direct connection to the Zengin Data Telecommunication System ("Zengin System"), Japan's domestic payment network
GNOMI Launches the Only ‘Finance Mode’ with Real-Time Global Earnings Calls and Generative Market Intelligence
GNOMI, the AI platform redefining how people access and act on real-time information, today unveiled Finance Mode - the first agentic AI experience for live, multilingual global market coverage.