Flagright, the AI-native, no-code platform for transaction monitoring and AML compliance, is pleased to welcome SME Bank as its newest client. Following a successful evaluation of Flagright’s platform, SME Bank has deployed Flagright to centralise real-time transaction monitoring, watchlist screening, and investigations; strengthening its financial crime controls while keeping operations fast and scalable.

SME Bank is a Vilnius-headquartered digital bank built for business clients, with a specialised banking license issued by the European Central Bank. With a mission to remove obstacles to business growth, SME Bank supports small and medium-sized enterprises with digital day-to-day banking services and lending solutions as it continues to expand its footprint across the region.

“Trust and speed, maintained through rigorous control, are the key criteria we expect from our partners,” said Vaidotas Cucėnas, Chief Operating Officer at SME Bank. “This ensures we stay aligned with regulatory expectations while providing our clients with a secure environment to scale their operations.”

With Flagright, SME Bank will be able to: 

• Monitor activity in real time with configurable, risk-based rules across customer and transaction flows. 

• Screen customers and counterparties against relevant watchlists, with clear alerts and investigation-ready context. 

• Investigate alerts end-to-end in a unified workspace with structured case management and audit-ready documentation. 

• Apply granular roles and permissions, including maker-checker controls, to support consistent decision-making as the team grows.

"We looked for a platform that could quickly adapt to an ever-changing business environment and evolving processes. Flagright’s system gives us the control to evolve our operating model alongside our clients' growing needs," says Tomas Smalakys, Chief Information Officer at SME Bank.

“SME Bank is building the kind of modern banking experience SMEs expect, digital, efficient, and built for growth,” said Baran Özkan, Co-founder & CEO of Flagright. “We’re excited to partner with their team and provide real-time monitoring, watchlist screening and unified investigations that help them scale with confidence and meet regulatory expectations."