We are happy to announce that OwlTing Group, a blockchain technology enterprise, will leverage our AI-enhanced technology solutions to develop an effective financial crime compliance system, which improves its anti-money laundering (AML) and counter-terrorist financing (CTF) defenses and meets relevant regulatory requirements.
Founded in 2010, OwlTing Group is based in Taiwan with branch offices around the globe. In 2021, OwlTing Group released Owlpay, a one-stop integration payment service for global enterprises. OwlPay aims to modernize B2B cross-border transactions by building a global blockchain and stablecoin network, offering real-time settlements and clearance for lower fees with visibility and control, improving operational efficiency, and creating a whole new FinTech experience in businesses.
Our Client Screening, Transaction Monitoring and Transaction Screening solutions will work together to provide OwlTing with a scalable and configurable compliance platform that delivers comprehensive oversight into customer activities, quickly and accurately assesses risk, and efficiently screens customers against global sanctions and watchlists.
Jackal Ting, Chief Compliance Officer at OwlTing commented: “In order to expand our business globally, we are fully aware of how important AML defenses are in a well-integrated payment solution, hence we are dedicated to providing a robust solution that meets regulatory requirements in all the markets we serve. Napier provides a powerful, simple to use and cost-effective platform that will grow with us.”
“We are dedicated to providing a robust solution that meets regulatory requirements in all the markets we serve. Napier provides a powerful, simple to use and cost-effective platform that will grow with us.” - Jackal Ting, Chief Compliance Officer at OwlTing
Robin Lee, Head of APAC at Napier said: “OwlTing is a dynamic company that is taking advantage of ground-breaking technologies like blockchain, so I am glad they have turned to Napier to address their AML requirements which is critical in the functioning of their business lines. With increasing regulatory action, companies like OwlTing need an agile compliance solution that will not only scale as they grow but also help them keep up with any changes and progress in the regulatory landscape.”
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Book a demo of our solutions or get in touch to find out how Napier can rapidly strengthen your AML defences and compliance capabilities.
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