Napier Blog

Hill & Associates Singapore and Napier have come together to make Napier’s cutting-edge compliance technology available to their clients in the APAC region

The FinCEN files have brought to light huge gaps in global systems that regulate dirty money.

During our ‘Ask Me Anything’ sessions, the entire Napier team gets to spend an hour with a heavyweight in the world of AML, compliance or enforcement.

FinCEN leaks have exposed huge faults in global AML systems whilst laying blame almost squarely on banks. Find out why we believe it shouldn't be that way.

The need to do AML better is not just a social responsibility case, it’s a business case too. Learn how Predictive Analytics can improve AML systems here.

Criminals have been taking advantage of crypto assets as they are largely under regulated in comparison to traditional institutions.

High levels of AML related regulatory fines and the tiny proportion of illicit funds that are recovered - despite the amount spent on financial crime compliance - show that the current methods for detecting financial crime are falling short. Find out why in this blog.

Standard Chartered is fined 1 billion rupees, Deutsche Bank receives a slap on the wrist and EU watchdogs suggest a single set of AML rules for the region.

Regardless of how you feel, despite massive digital advances, cash remains firmly rooted in our society. There are currently over 70 billion pounds worth of notes in circulation, which is perhaps surprisingly roughly twice as much as 10 years ago.

Germany will begin questioning officials on the Wirecard scandal, while China finally takes steps towards improving their AML measures and the UK pays snitches to catch out tax evaders.

Cyprus is in the spotlight in the week’s headlines, whilst the FCA broadens financial crime reporting obligations to include crypto assets.

Napier’s 1.12 platform update brings new and exciting features to help companies manage and improve their AML processes.

Each week the entire Napier team is honoured to spend a virtual hour in an ‘Ask Me Anything’ session with a heavyweight in the world of AML, compliance or enforcement.

The property sector gets a pummeling this week as online estate agent Purplebricks was recently fined by the HMRC for beaching AML regulations, and banks look towards job cuts in compliance departments to deal with financial losses.

Wirecard continues to show flaws in financial crime investagtion processes and Singpoares new S$250 million investment in fintech all in this weeks news roudup.

Napier recently spent the day at our currently empty office doing some socially distanced filming with ITN productions.

The worldwide popularity of prepaid cards is growing all the time, but if this market is not monitored effectively it could lead to criminal organisations using it to launder their dirty money.

Monzo sends a warning over its financial crime review, Lithuania’s new anti-money laundering compliance centre and Wells Fargo tries to cut its massive compliance costs.

Napier’s Head of Product Development, Nick Portalski, tells us more about the Risk-based Scorecard and how it fits into an AML system.

Money muling is an ongoing money laundering headache in the fight against financial crime. We explain how intuitions can identify money mules in this blog.

Money laundering in the art world, job cuts from Nordic banks and updates on the Wirecard scandal, in this week's weekly roundup.

Each week the entire Napier team is honoured to spend a virtual hour in an ‘Ask Me Anything’ session with a heavyweight in the world of AML, compliance and enforcement.

Along with being a certified Great Place to Work, Napier has been honored with Excellence in Wellbeing.

The UK's new financial crime levy, Germany raids their own financial intelligence authority and institutions facing the consequence of not being AML compliant.

Recently, I joined fellow industry experts to discuss a holistic approach to anti money-laundering (AML), the associated challenges and what technology can (and can’t) do to help.