Napier AI

Celebrating a year full of industry recognitions and awards, Napier AI closes the year winning 14 industry awards for its financial crime compliance solutions. From ‘Regulatory Leader of the Year’ award by the Monetary Authority of Singapore to ‘Tech of the future- compliance and AI’ these span a range of categories, from technical product excellence, innovation and to collaborative compliance projects achieved alongside some of the world’s leading financial institutions we work with. #aml #fintech

2025 is just around the corner. What trends will shape financial crime compliance in the next year? AI is the topic that continues to cut through all the changing geopolitical focuses, consumer demands and industry trends. In 2025, AI should be understood, explained, and audited. This is compliance-first AI. The Napier AI / AML Index 2024-2025 found that global economies can save $3.13 trillion annually using AI to detect and prevent money laundering and terrorist financing. Napier AI’s CEO, Greg Watson, chimes in on trends in financial crime compliance that will shape the face for AML teams. 🔗 Read the blog now, link in the comments. #AML #2025 #Predictions #FinancialCrimeCompliance #AI

The Napier AI team recently spent a week together in New York where we: ✨ Engaged at the Transform Finance FinCrime Leaders Summit, where Araliya Sammé sparked great conversations during her roundtable on “The Promise and Practice of AI.” 📢 Officially launched our AI AML Index Report at an exclusive event with 20+ senior risk and compliance leaders, led by our CEO, Greg Watson. 🚀 Mapped out the future with an in-depth product roadmap session led by our CTO, Warren Zafrin, and Christopher Kacerguis. Took home the award for Best Transaction Monitoring Solution at the A-Team Insights RegTech Summit! 🏆 Oh, and we even squeezed in some team bonding with a round of bowling! #AI #Compliance #Financialcrime #AML

🌟 Congratulations, Oonagh van den Berg (Lady) 🐦🔥! We’re delighted to see Oonagh recognised as one of the Top 20 AML Influencers globally for 2024 – a testament to her dedication to accessible education and collaboration within the compliance community. Through initiatives like RAW Compliance and her focus on transparency, innovation, and auditable technology, Oonagh is transforming the fight against financial crime and elevating global compliance standards. At Napier AI, we’re proud to work with someone who exemplifies leadership, inspires change, and shapes the future of AML. Congratulations, Oonagh – this is so well-deserved! #Financialcrime #AML #Leadership

What are some common misconceptions around US export restrictions compliance? 🔎 Navigating the complexities of US export restrictions has become a critical challenge for financial institutions. These regulations demand rigorous compliance to protect national security and promote foreign policy objectives, but they come with significant operational burdens, and misconceptions. 👇 Our latest guest blog contributor, Ravi de Silva, explores 4 ways that financial institutions can automate export restrictions into their compliance frameworks. From streamlining processes like screening, monitoring, and regulatory reporting, ensuring both efficiency and adherence to regulations. #Compliance #FinancialCrime #Automation #ExportRestrictions 

🥂Napier AI won the ‘Best Use of Regtech’ award with Banco do Brasil for optimising sanctions screening, at the 25th Banking Tech Awards UK 2024, held in London last night! 🥂 Read more about the project, and how Napier AI and Banco do Brasil fight financial crime together! Link in comments Bruno Pereira Carneiro Vlad Nunes Fernando Mandolini

Louise O'Connell and William Monk recently joined our local team to visit our valued customers in Saudi Arabia and United Arab Emirates. Our customers are doing valuable work to continue to elevate AML efforts in the region and we are proud to support them. We also held a debrief of our new Napier AI / AML Index Report for financial crime compliance leaders in Dubai, featuring expert commentary from Khush Khan Deloitte Middle East, Collin Lobo, HSBC Middle East, Cormac Sheedy, Praxis, David Shepherd, CAMS, CertPAY LSEG Risk & Intelligence, Nipun Srivastava, Protiviti and Andrew Engledow, Babel Street. Thanks to our partners and expert speakers for their insights. - The use of AI for transaction monitoring could be key to driving better outcomes, detecting more financial crimes and reducing false alert volume - Financial institutions need to work on overcoming legacy tech in a way that does not create complexity to ensure that they are AI and AML native - It’s important for financial institutions to stay compliance first – working on being transparent, explainable, auditable for the regulator is crucial #AI #AML #Financialcrime #Risk

Napier AI team at the AML & FinCrime Tech Forum today in London! Thank you to FinTech Global for bringing together some of the world's best innovators to talk all things financial crime! Connor McCauley Gabriele Trevisan #aml #fintech

Napier AI won the ‘Regulatory Leader of the Year’ award at the Singapore FinTech Festival Fintech Excellence Awards 2024! A big thank you to the organisers- the Monetary Authority of Singapore (MAS) and the Singapore FinTech Association (SFA)! 🎉 Out of more than 200 submissions, only 8 winners across 6 categories were selected by an esteemed international panel of industry experts. Here’s Anson Sim and Michelle Kam, all smiles, representing the Napier AI team at the awards night held last month. This award celebrates innovative FinTech solutions that are reshaping the regulatory landscape, and it’s a testament to our commitment to driving impactful change through compliance-first AI. 💡 Find out winners in other categories, link in the comments. #FinTechAwards2024 #RegTech #AML #AI

Our team recently concluded an engaging tour of Sydney, Malaysia, and Singapore, connecting with industry leaders to advance AML efforts in the region. A highlight was Nick Portalski’s sessions on the Napier AI / AML Index locally, the world’s first global report examining AI’s impact on AML. Key insights shared during the sessions included: - Compliance-first AI: Key observations from the report that are applicable to organisation's successful AI implementation strategies, and aligning these with compliance measures to combat financial crime. - Regulatory alignment: The importance of flexible, outcome-focused regulations and strategies for implementing technology and managing regulatory uncertainty. - AI Readiness assessment: Assessing organisation’s readiness for AI adoption, including evaluating data maturity and regulatory compliance. - Data management strategies: Exploring how AI can be used for data acquisition, validation, and assurance to ensure the reliability and usability of data. A huge thank you to everyone who joined us and to Nick for the inspiring discussions and expert insights throughout the tour. #AI #AML #FinancialCrime