Tag: Napier AI

Napier AI, a London-based RegTech specialising in financial crime compliance, has partnered with Salt Bank, the first Romanian neobank and the fastest-growing in Southeastern Europe.

As we move into the latter half of 2024, the landscape of international relations is increasingly fraught with challenges, from escalating global conflicts to...

Napier AI has responded to a consultation from HM Treasury, the UK government's economic and finance ministry, on enhancing the effectiveness of the Money Laundering, Terrorist Financing, and Transfer of Funds (Information on the Payer) Regulations 2017 (MLRs). These regulations require businesses to identify and prevent money laundering and terrorist financing.

The United Arab Emirates (UAE) has made significant strides in its anti-money laundering (AML) and combating the financing of terrorism (CFT) frameworks.

The global RegTech sector is projected to reach a value of $66.9bn by 2032, growing at a 22.6% CAGR from 2023, according to a report from Allied Market Research. Given its size, it is evident that the market is full of various types of RegTech solutions all claiming to revolutionise the output of compliance teams.

In financial crime compliance, regulators have set expectations for financial institutions to conduct thorough assessments of name screening alerts.

The financial sector, including banks, payment firms, FinTechs, and wealth and asset managers, faces significant challenges in interpreting regulatory guidance and converting it into...

In February 2024, the Financial Conduct Authority (FCA) initiated a pivotal consultation titled 'CP24/2: Our Enforcement Guide and publicising enforcement investigations – a new...

Sanctions play a crucial role in international diplomacy and law enforcement, ensuring that countries and entities adhere to international norms and regulations. Keeping up to date with the ever-evolving sanctions regulations, including OFAC's 50% Rule and the EU's new directives, remains a top priority for companies worldwide.

Finance in Motion, a leader in impact asset management, has partnered with Napier AI to implement the Napier AI Continuum as their chosen platform for anti-money laundering and counter-terrorist financing (AML/CTF).