NY-OWLIN
27.2.2024 16:01:33 CET | Business Wire | Press release
Following the successful launch of Owlin's end-to-end Know Your Customer (KYC) solution tailored for Payment Service Providers (PSPs), Owlin proudly announces the release of Owlin for Banks, a comprehensive solution for Third-Party Validation and Due Diligence.
With Owlin for Banks, Owlin provides a solution for all teams within a bank that deal with Third-Party Validation and Due Diligence (e.g., vendors, Know Your Business (KYB)). Owlin for Banks facilitates seamless onboarding, monitoring, and offboarding of third parties while ensuring compliance with regulatory requirements. To meet the needs of banking clients, Owlin includes data covering Adverse Media, Sanctions, Politically Exposed Persons (PEP), State-owned Enterprises (SOE), various Watchlists & Blacklists, U.S. Securities and Exchange Commission (SEC) filings, and the Consumer Complaint Database of the U.S. Consumer Financial Protection Bureau (CFPB).
With Owlin for Banks, users can go beyond traditional Google searches, going back seven years for adverse media signals, have global language coverage (17 languages), and show adverse media articles that cannot be found anymore via a regular search. This translates into unparalleled speed to insights and time savings – transforming a sea of data into clear, actionable insights. The product distinguishes itself with seamless integration capabilities into existing tools and systems banks utilize. It recognizes that many users already have many tools to perform their tasks.
Stefan Peekel, Chief Growth Officer at Owlin, expressed his enthusiasm about the launch:
“After the successful launch of Owlin for KYC customized for PSPs, we're excited to expand our offerings to banks. Ever since the outcome of the Bunq lawsuit against DNB (De Nederlandsche Bank), which permitted the use of AI in compliance processes, we’ve observed a growing demand for AI solutions for Governance, Risk, and Compliance (GRC). Therefore, we have been extremely excited to offer our services as an end-to-end solution for banks. This solution will help banks utilize modern technologies like data analysis and artificial intelligence to bolster their risk management practices and maintain regulatory compliance.”
About Owlin
Owlin is an AI-driven solution for third-party risk, merchant, and vendor monitoring, helping businesses obtain better and faster real-time risk insights for daily workflows. Owlin applies AI and Natural Language Processing to provide valuable insights hidden in the data. It ensures its users don’t get lost in the wealth of information by visualizing complex data in a simple and customizable interface.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240227453912/en/
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Visa Redefines Its Role in Travel With the Global Launch of Visa Destinations25.6.2026 16:00:00 CEST | Press release
A new consumer Visa travel platform is now live across 10 locations, including flagship cities such as Paris, London and New York City, with more destinations to be added later this year.This platform connects Visa cardholders with curated experiences and exclusive access aligned to passion-led travel pillars through a consumer mobile-first platform.Global anchor partners include Santander Group, Global Blue, Star Alliance, and Trip.com Group, leaders across the financial and travel ecosystem. Visa (NYSE: V), a global leader in digital payments, today announced the launch of Visa Destinations, a passion-led travel platform live in 10 major locations around the world, as the company redefines its role in the rapidly growing experience-driven travel economy. The move marks a strategic expansion of Visa’s role beyond payments, positioning the company at the center of how travelers discover, plan and experience trips. According to Visa research, travelers are increasingly choosing destinat
Incode Acquires Identiq to Expand Its Privacy-First Architecture for Identity and Fraud Prevention25.6.2026 15:00:00 CEST | Press release
Extends its privacy-by-design architecture with Identiq’s patented cryptographic technology that enables organizations to share fraud signals without sharing sensitive data. Incode Technologies, a global leader in AI-powered identity verification and fraud prevention, today announced that it has completed the acquisition of Identiq, a company specializing in privacy-enhancing cryptographic solutions for peer-to-peer anti-fraud collaboration. Incode announced this acquisition as part of a $100 million commitment to advancing its original privacy-preserving identity infrastructure. The funds will be used to enhance on-device processing capabilities, continue R&D in privacy-enhancing technologies, and expand engineering resources and its global footprint. “We have always believed that privacy and fraud prevention are not a tradeoff, but part of the same problem, solved together or not at all,” said Ricardo Amper, Founder and CEO of Incode. “Identiq is the piece that enhances our Privacy b
Gurobi Introduces New Optimization Game Set in a Fast-Paced Coffee Shop25.6.2026 15:00:00 CEST | Press release
Gurobean, companion to the “Burrito Optimization Game” with 85,000+ plays, introduces advanced concepts like nonlinearity and uncertainty. Gurobi Optimization, LLC, the leader in decision intelligence technology, today announced the launch of Gurobean: The Coffee Optimization Game, a new educational game that brings nonlinearity, simulation, and decision-making under uncertainty to life. Following the success of the Burrito Optimization Game—which has been played over 85,000 times by learners across the world since its launch in 2022—Gurobean places players behind the counter of a virtual coffee shop, where they must make critical decisions around pricing, staffing, queue management, inventory levels, and more. The free, interactive game furthers Gurobi’s ongoing commitment to open education, teaching players: The value of mathematical optimization How quickly real-world decision problems become too complex to solve by trial and error How nonlinearity and uncertainty make outcomes hard
AllUnity and Zebec Deploy EURAU-Powered Employee Benefits and Enterprise Payment Solutions on Stellar25.6.2026 14:59:00 CEST | Press release
AllUnity and Zebec today announced the launch of an EURAU-based employee benefits and enterprise payments program on the Stellar network. The pilot program aims to expand payroll and workforce payments in AllUnity's regulated euro stablecoin across its ecosystem, including its major enterprise clients and partners. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260625883682/en/ Built on Stellar and powered by EURAU, AllUnity's regulated euro stablecoin, the program combines regulated digital currency with enterprise grade payroll and payments infrastructure purpose built for global value transfer. Employees participating in the pilot can receive benefits directly to digital wallets while accessing a growing range of spending, savings, and payment options through the Zebec platform. "Regulated stablecoins are increasingly moving from financial infrastructure to real world business applications," said Simon Babakhani, CEO of Z
2026 Esri User Conference to Focus on Creating a More Intelligent World with GIS25.6.2026 14:00:00 CEST | Press release
More Than 18,000 Attendees Expected for World's Largest GIS Conference in San Diego The 2026 Esri User Conference will be held from July 13 to 17 in San Diego, California. This year's theme is "GIS—Creating a more intelligent world." Jack Dangermond, president and founder of Esri, and Kristine Tompkins, president and cofounder of Tompkins Conservation, will be the keynote speakers in the Plenary Session. Esri, the global leader in geographic information system (GIS) technology, today announced speakers and the conference theme for the 2026 Esri User Conference. The conference will be held from July 13 to 17 at the San Diego Convention Center in San Diego, California. This year's theme of "GIS—Creating a more intelligent world" will emphasize how GIS turns the science of "where" into shared understanding and coordinated action—at the scale of communities, enterprises, and the planet. Kristine Tompkins, president and cofounder of Tompkins Conservation, will join Esri president Jack Dange
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom