Case Study: HitPay cuts false positives and speeds investigations with Flagright

HitPay cuts false positives by 83.8% with Flagright

HitPay, a payment solutions provider for SMEs across the APAC region, faced critical compliance infrastructure limitations as their business rapidly expanded. Their existing AML setup had inadequate support coverage, system inflexibility requiring vendor intervention for every change, and an AI that produced unsustainable false positive rates. These gaps created regulatory risks across the multiple jurisdictions they operate in.

By implementing Flagright's no-code AML compliance and fraud detection platform, HitPay empowered their team to independently create and modify custom rules without vendor support. The solution from Flagright provided transparent, explainable alerts and a unified dashboard for streamlined case management. This resulted in an 83.8% reduction in false positives and a 50% decrease in investigation times, enabling proactive risk management and supporting their ongoing expansion.

HitPay