Flagright Partners with Webull to Strengthen Fraud Detection

Flagright has announced that online investment platform Webull has joined its growing roster of clients. Webull will leverage Flagright’s suite of AI-powered solutions, including AML screening, customer risk scoring, case management, and AI forensics, to enhance its regulatory compliance framework and strengthen user protection.

Also, Damarizz Medina, Chief Compliance Officer at Webull Pay, emphasized the importance of robust compliance infrastructure, stating, “Protecting our users and meeting regulatory expectations are core priorities for Webull. So, Flagright gives us real-time visibility across our payment and trading flows, with unified case management and analytics that help us move quickly and stay audit-ready.”

Flagright Partners with Webull to Strengthen Fraud Detection

Flagright’s platform is here to detect risks before they escalate into threats. Its AI-driven tools allow monitoring of activity across wallets, cards, cash management, and trading flows in real time. Compliance teams can configure rules within minutes, screen counterparties, automatically score risks, and manage investigations from start to finish — all through a single no-code workspace.

Stephen Yip, CEO of Webull Pay, highlighted the scalability of Flagright’s platform: “As we expand into payments and treasury solutions, we need compliance infrastructure that scales with us. Flagright’s AI-native platform provides the monitoring, screening, and risk scoring capabilities we need without requiring a heavy engineering lift.”

Moreover, Madhu G Nadig, Co-founder and CTO of Flagright, expressed excitement about supporting Webull’s growth. “Webull is building a comprehensive money platform, and we are excited to provide the compliance backbone for that growth. By unifying detection, screening, risk scoring, and investigations, Webull can scale with confidence,” Nadig said.

The partnership underscores the growing role of AI in financial compliance, enabling firms like Webull to maintain regulatory adherence while scaling operations efficiently. With Flagright’s solutions, Webull is well-positioned to safeguard its users, streamline compliance workflows, and confidently navigate the complexities of financial regulations.

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