Priya Patel
Napier, a London-based financial crime compliance RegTech, has been chosen by Satchel, a BaaS digital banking provider, to provide its anti-money laundering (AML) platform. The partnership aims to deliver complete financial crime compliance for AML and counter-terrorist financing (AML/CTF) within Satchel’s white-labelled BaaS platform. Napier’s platform, Napier Continuum, offers Transaction Monitoring, Transaction Screening, Client Screening, Client Risk Assessment, and Client Activity Review solutions, which will be integrated into Satchel’s platform. The key features of the Napier platform that align with Satchel’s modern technology include API enablement for speedy onboarding, configurable dashboards with AI insights, sandbox environment for screening configurations, and real-time and batch screening supporting various languages and payment types.
