International Currency and Global Payments Expert Firma Improves Financial Crime Fighting Capabilities with Napier


LONDON–(COMMERCIAL THREAD) –Napier, a provider of advanced financial crime compliance solutions, announced that it is now the platform of choice for Firma, a global currency and payments company headquartered in Canada.

Napier, which works with financial organizations around the world to provide AI-powered anti-money laundering solutions, will provide Firma with solutions for transaction monitoring, customer activity review and reporting. risk-based dashboard, enabling more effective risk identification and management.

Founded in 1998 in Edmonton, Alberta, Firma operates globally with offices in the UK, New Zealand and Australia. Known for moving more than $ 15 billion in payments around the world securely, the company provides businesses with personalized global payments and foreign exchange solutions. Firma’s compliance team will use Napier solutions to quickly and easily detect any suspicious activity and to support its continued engagement with relevant regulatory obligations.

Ashley Tassell, Director of Compliance at Firma, said: “The use of advanced Napier technology will significantly improve our ability to identify and manage risk, strengthening our anti-money laundering and anti-money laundering capabilities. conformity. The Napier platform upgrades our technology assets and gives us confidence that our technology will be both scalable and reliable against the threat of financial crime, now and in the future.

“The defining factor in working with Napier has been the ability to easily integrate its solutions into our current processes. We are now able to follow the entire lifecycle of a customer with a holistic view that brings together all transaction data and customer profile data from our KYC systems. This greatly improves our abilities to detect suspicious activity and makes it extremely difficult for any criminal behavior to work in our systems. ”

With a presence in the UK, North America, Australia, Singapore and Dubai, Napier has a growing global presence and a growing list of international clients. Driven by its sophisticated platform technology, the company’s future growth strategy will also now benefit from the recent addition of former HSBC COO Andy Maguire to its advisory board.

Julian Dixon, CEO of Napier, said: “Where financial crime will always be a threat, we are now in a position where technology, along with the support of AI, can help financial services organizations to consolidate and to continue to evolve their systems with relative ease. This helps to comply with regulations, but also greatly reduces the impact of criminal behavior on society at large. ”

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