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Fig Chooses Flagright for Real-Time Transaction Monitoring and AML Compliance
Flagright, the AI-native, no-code platform for transaction monitoring and AML compliance, is pleased to welcome Fig as its newest customer. Fig utilizes Flagright’s real-time transaction monitoring, AML screening, customer-risk scoring, AI forensics, and case management workspace to strengthen financial crime controls as it scales personal loan services across Canada.
Fig lets borrowers check their rate in seconds, apply in minutes, and receive funding in as little as one business day, all with no hidden fees or early repayment penalties. The streamlined experience helps Canadians consolidate high-interest debt into a single, fixed-rate loan and manage repayments entirely online.
“Our fraud and AML risk teams need agile tools that grow with the business. Flagright’s no-code rules engine and case workspace will let us react to emerging threats quickly and effectively, while investigating and documenting every decision efficiently.” — Ardalan Shojaei, Chief Credit & Risk Officer at Fig.
Flagright detects risks before they become threats supporting Fig to monitor every disbursement and repayment in real time, configure rules in minutes, and surface high-risk events with automated scoring. Real-time AML screening checks customers against global sanctions, PEP, and adverse-media lists, while AI forensics reconstruct complex transaction trails. Integrated case management provides an auditable workspace for investigations and regulatory reporting.
“Fig’s mission is to simplify the borrowing experience, while keeping our customers safe,” added Shojaei. “Our partnership with Flagright also allows us to continue to maintain high compliance standards.”
“We’re excited to welcome Fig as our customer, as they redefine the lending experience in Canada. With Flagright in place, Fig can continue to deliver fast, hassle-free loans while knowing every transaction is screened, scored, and managed with best-in-class controls.” — Madhu Nadig, Co-Founder and CTO of Flagright.
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AI-Native Loan Origination Platform Casca Raises $29 Million to Replace Legacy Lending
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Oh Crumbs! Zopa Bank Drives 10,240 Biscuits Through Central London to Show the Real Value of Switching as Santander Closes Its 123 Lite Account
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Fig Chooses Flagright for Real-Time Transaction Monitoring and AML Compliance
Flagright has welcomed Fig as its newest customer and will utilize real-time transaction monitoring, AML screening as it scales across Canada.
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Work In Fintech and payabl. Partner to Showcase AI at Third Work in Fintech Summit
Work in Fintech (‘WIF’), the social project dedicated to increasing diversity and social mobility for young people in fintech, today announces the return of payabl., one of Europe’s leading financial technology providers, as main sponsor of its third flagship event - The Work In Fintech AI Summit - taking place at Google’s Headquarters in London.
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Experian M&A Activity Report Shows ThinCats as Leading Alternative Finance Debt Provider Across the UK in First Half of 2025
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