NEW YORK & AMSTERDAM–(BUSINESS WIRE)–In the present day, AI platform Owlin introduced the launch of Owlin for KYC, providing Payment Service Providers (PSPs) a single resolution for onboarding, monitoring, and offboarding retailers.
With this new resolution, Owlin helps PSPs with a few of their most urgent priorities round assembly latest regulatory necessities and coping with the insecurities that come from present financial developments.
Owlin for KYC permits PSPs to display their retailers in opposition to a number of information sources, together with Hostile Media, Sanctions, Politically Uncovered Individuals, and Buyer Evaluations. This newest providing from Owlin will considerably improve KYC processes, significantly when PSPs manually display retailers in opposition to completely different information sources to verify for threat inside their service provider portfolio.
Owlin for KYC helps seamless transition from the onboarding section to steady monitoring, with all information related to the onboarding and monitoring steps being retained and out there as an end-to-end audit path.
Sarah Lane, Chief Industrial Officer at Owlin, feedback:
“From conversations with our present PSP shoppers and prospect base, we discovered their challenges with assembly new regulatory necessities. Up to now couple of months, we’ve immersed ourselves within the present onboarding and compliance workflows to design our PSP providing from the bottom as much as meet the necessities for the long run.
As such, we’re extremely excited to announce the launch of our end-to-end KYC resolution for PSPs, which is in direct response to our prospects’ need to mix Owlin’s world-class hostile media monitoring with onboarding and auditability assist. We will now provide our shoppers a single resolution to fulfill their operational onboarding and monitoring wants, supported by a sturdy framework to fulfill their regulatory necessities.”
Owlin is an AI-driven platform that helps you construction information and integrates threat and market insights which will have an effect on your online business into each day workflows. Owlin offers you with vital insights proactively, repeatedly, and in actual time.
Owlin makes certain you don’t get misplaced within the wealth of data by visualizing complicated information in a easy and customizable interface. Owlin applies AI (Pure Language Processing) to supply priceless insights hidden within the information. This permits you and your online business to work sooner, be higher knowledgeable, cut back dangers and keep on prime of alternatives and tendencies.