AI platform for third-party danger administration Owlin has launched an end-to-end know your buyer solution for fee service suppliers to handle the service provider journey.


As detailed within the announcement, Owlin for KYC goals to supply PSPs with a single solution for the onboarding, monitoring, and offboarding of retailers. With the launch of this product, the corporate is seeking to help PSPs with a few of their most urgent priorities associated to assembly regulatory necessities and coping with the uncertainties which might be a results of present financial developments.

Service provider onboarding and the way the KYC solution falls into place

Primarily based on info supplied within the press launch, the Owlin for KYC solution permits PSPs to display their retailers towards a mess of knowledge sources of the likes of hostile media, sanctions, politically uncovered individuals (PEPs), and buyer opinions. 

With this providing, the corporate goals to considerably enhance KYC processes, significantly for PSPs who perform guide screenings of retailers towards totally different information sources as a way to examine for danger inside their service provider portfolio.

AI platform for third-party risk management Owlin has launched an end-to-end know your customer solution for payment service providers to manage the merchant journey.

Owlin for KYC helps assist a ‘seamless’ transition from the onboarding part to steady monitoring, with all the info that’s related to each the onboarding and monitoring steps being retained and accessible as an end-to-end audit path.

When commenting on the announcement, officers suggested that following conversations with their present PSP shoppers and prospect base, the corporate gained data on the challenges they face with assembly regulatory necessities. Up to now couple of months, the corporate had a concentrate on the prevailing onboarding and compliance workflows, seeking to design a PSP providing that will meet the necessities for the long run.

With this aim at its foundation, the corporate launched their end-to-end KYC solution for PSPs in a direct response to their clients’ want of mixing Owlin’s hostile media monitoring with onboarding and auditability assist. Following the introduction of this product, the corporate believes that they’re now positioned to supply shoppers a single solution that meets their operational onboarding and monitoring wants, supported by an in depth framework that’s set to satisfy their regulatory necessities.

Owlin technique and product providing

An AI-driven platform for third-party danger administration and market intelligence, Owlin goals to assist shoppers construction information and combine danger and market insights which may have an effect on their enterprise into day by day workflows. The corporate affords crucial insights in a proactive, steady, and real-time method, and appears to make sure that shoppers will not be confused by the wealth of knowledge by visualising complicated information in a easy and customisable interface. 

Owlin leverages AI (Pure Language Processing) to supply worthwhile insights which might be hidden within the information, aiming to allow companies to work in an expedited method, be higher knowledgeable, cut back dangers, and sustain with alternatives and developments.

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The Obsessed Guy
Hi, I'm The Obsessed Guy and I am passionate about artificial intelligence. I have spent years studying and working in the field, and I am fascinated by the potential of machine learning, deep learning, and natural language processing. I love exploring how these technologies are being used to solve real-world problems and am always eager to learn more. In my spare time, you can find me tinkering with neural networks and reading about the latest AI research.


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