MV Shield, Powered by Napier AI, Launches to Deliver Modern AML and Compliance for Mutual Societies

Napier AI, a global leader in AI-powered financial crime compliance solutions, and Mutual Vision, a trusted provider of banking technology for building societies and credit unions, today announce the launch of MV Shield – Powered by Napier AI. MV Shield is a purpose-built financial crime compliance platform for building societies and credit unions in the UK and Canada, offering a simpler alternative to standard AML systems by aligning controls, reporting, and risk models to mutual-sector needs.

MV Shield is a Compliance as a Service (CaaS) offering which brings together Mutual Vision’s deep sector expertise with Napier AI’s advanced financial crime compliance technology to deliver a modern, scalable and accessible way for mutuals to meet rising regulatory expectations. The partnership is built to address the reality that many building societies and credit unions still rely on fragmented, legacy, or manual systems. This will level the playing field by making sophisticated AML (anti-money laundering) capabilities affordable, fast to implement, and easy to use.

Unlike generic AML tools, MV Shield is preconfigured around the behaviours, risk patterns and operational realities of building societies and credit unions. MV Shield ensures that mutuals can deliver on their brand promises of financial services for community benefit, by doing their part to effectively combat financial crime.

MV Shield enables smaller compliance teams to achieve outcomes traditionally requiring much larger operations, including:

• Customer screening and AML transaction monitoring services in a CaaS offering which enables clients to deploy highly performant compliance workflows from day one, without needing in-house technical development.
• Custom-built AI (artificial intelligence) models embedded into MV Shield are tailored to the needs of mutuals to ensure they align to risk exposure.
• More than one hundred pre-configured typologies developed through Napier AI’s work with the Financial Conduct Authority.

This allows teams to focus on running their business while benefitting from faster onboarding, fewer false positives, greater operational resilience, and the ability to scale compliance without increasing headcount.

Greg Watson, CEO of Napier AI, commented: “MV Shield makes compliance-first AI accessible to institutions that have traditionally been underserved by the technology market. Mutual Vision’s deep roots in the building society sector, combined with Napier AI’s proven platform and regulatory expertise, create a powerful proposition that strengthens operational resilience and reduces the burden of compliance.”

Tim Bowen, CEO of Mutual Vision, added: “Our customers and other small and mid-sized firms need screening and AML technology that is modern, explainable, easy to implement and aligned to the regulatory challenges they face every day. By powering MV Shield with Napier AI, we’re giving these firms the opportunity to adopt a Tier one grade solution that is a simple and affordable way to raise their compliance maturity.

This is also a solution that does not have the disruption or cost normally associated with major transformation projects. MV Shield is a sector-informed, preconfigured AML platform, not a generic tool, and it is designed around the unique processes and risk patterns of our customers.”

Together, Mutual Vision and Napier offer a modern, scalable alternative to legacy systems, improving efficiency, risk assurance and audit readiness across the mutual sector.