Satchel And Napier Partner To Secure Banking As A Service For A New Generation Of Users

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Satchel, one of Europe's fastest-growing BaaS digital banking services, has chosen London-based financial crime compliance RegTech Napier as its AML platform. Satchel's global growth in BaaS solutions for financial institutions is supported by Napier's Transaction Monitoring, Transaction Screening, Client Screening, Client Risk Assessment, and Client Activity Review products on the Napier Continuum platform.

Satchel provides a fully functional and compliant technological platform to help new fintechs begin. Satchel sought a compliance partner that could match its dedication to constant innovation, security, and full compliance for its global customers.

Satchel may lead Banking as a Service and Compliance as a Service with the partnership. Satchel uses Napier's intelligent compliance solutions to provide secure, innovative, and client-centric solutions to match its customers' changing needs, setting new standards for transparency and customer care in fintech.

Satchel CEO Sergiy Barybin said the cooperation with Napier helps the company handle rising transaction volumes and new payment methods, putting it ...
... at the forefront of industry transformation. The collaboration assures compliance and raises transparency and customer service standards.

Napier CEO Greg Watson was proud to work with Satchel to reinvent digital banking worldwide. Napier's compliance solutions navigate the changing regulatory landscape and create new benchmarks for digital banking innovation, security, and transparency with real-time monitoring, AI insights, and sandboxes.

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