As the payments market becomes more complex, with myriad alternative systems, jurisdictional variations and protocols, and numerous third party interactions, there has been a sector move towards integrating software within the payments stack. And with compliance regulations tightening, selecting the right solutions provider has never been more important.
“In a highly competitive sector, payments providers have an enormous responsibility to deliver best in class solutions to their customers, while simultaneously mitigating the risks of financial crime and fraud. We are proud to have developed a solution that enables them to respond at scale to these emerging threats,” said Napier’s Chief Product Officer Will Monk.
“The recognition in this year’s Chartis report is a testament to our belief that today’s payment risk solutions must be cloud-native, API-first, no code, AI inbuilt and offer a real-time live sandbox. This is the optimal path for business users to be able to scale quickly and safely.”
Learn more about Napier Continuum’s hyper-scalable and highly configurable solutions for your payment risks.
Napier’s Continuum solution is used by global payments players to manage their risk across new markets and growing portfolios. A holistic approach to compliance with AML expertise built in, it allows issuers and processors to quickly deploy, improve efficiencies with explainable AI, and differentiate competitively. Learn more here.
About the Chartis RiskTech Quadrant©
The report uses the Chartis RiskTech Quadrant©, a methodology that reviews the current global payments market and vendor landscape, examines the existing and emergent financial crime risks to which payment providers are exposed, and highlights proven solutions to combat these. Category leaders are identified using a comprehensive system employing both independent research and a clear scoring system to explain which solutions best meet a payment organization’s needs.