HitPay, a Singapore-based payments firm catering to over 15,000 businesses, has announced the integration of advanced payment security technologies from Flagright. This strategic collaboration aims to significantly enhance HitPay’s compliance and fraud prevention measures, strengthening its commitment to secure and seamless payment solutions for small and medium-sized enterprises (SMEs) globally.
HitPay will leverage Flagright’s cutting-edge AI-powered technology and its intuitive no-code platform to fortify its security infrastructure. Both companies share a common background as fellow Y Combinator alumni, underscoring a mutual dedication to advancing security and compliance within the financial services sector.
Baran Ozkan, co-founder and CEO of Flagright, expressed his enthusiasm for the partnership, stating, “We are excited to support HitPay’s mission to provide secure and seamless payment solutions for SMEs globally.”
Echoing this sentiment, Aditya Haripurkar, co-founder and CEO of HitPay, affirmed the strategic importance of the integration: “Flagright’s transaction monitoring and AML (Anti-Money Laundering) compliance solution will significantly strengthen our ability to protect customer transactions and ensure unwavering adherence to regulatory standards.” This integration marks a crucial step in safeguarding customer data and transactions in an increasingly complex digital payment landscape.
Also read:Â Viksit Workforce for a Viksit Bharat
Do Follow: The Mainstream formerly known as CIO News LinkedIn Account | The Mainstream formerly known as CIO News Facebook | The Mainstream formerly known as CIO News Youtube | The Mainstream formerly known as CIO News Twitter |The Mainstream formerly known as CIO News Whatsapp Channel | The Mainstream formerly known as CIO News Instagram
About us:
The Mainstream formerly known as CIO News is a premier platform dedicated to delivering latest news, updates, and insights from the tech industry. With its strong foundation of intellectual property and thought leadership, the platform is well-positioned to stay ahead of the curve and lead conversations about how technology shapes our world. From its early days as CIO News to its rebranding as The Mainstream on November 28, 2024, it has been expanding its global reach, targeting key markets in the Middle East & Africa, ASEAN, the USA, and the UK. The Mainstream is a vision to put technology at the center of every conversation, inspiring professionals and organizations to embrace the future of tech.
