Napier Ai, the London-based financial crime compliance technology provider, has extended its partnership with international payments firm FreemarketFX to help shape global money movement, while protecting it against money laundering.

Napier AI will provide transaction monitoring, acting as FreemarketFX’s main system to monitor for financial risks as it helps businesses move money across borders. Research from the Napier AI/AML Index 2025-2026 found that UK financial institutions face 250-300 money laundering alerts per day.

FreemarketFX is a global payment processing company, providing seamless FX capabilities through their market-leading payment infrastructure.

As part of the partnership, FreemarketFX will also use Napier AI’s Insights AI identifies behavioural anomalies by comparing activity to global, local, or peer group norms — highlighting risks that fall outside typical transaction patterns.

Through the deal, Napier AI will support FreemarketFX’s expansion into new global markets, supporting with enhanced operational efficiency to handle additional transaction volumes.

Jamie King, Head of Compliance and MLRO at FreemarketFX, said: “We are delighted to be working with Napier AI to enhance our transaction monitoring capabilities as we continue to expand globally.

Using their AI-driven technology helps us strengthen our compliance framework, reduce false positives, and scale our payment checks while maintaining the highest standards of regulatory oversight.

As we enter new markets, having trust and confidence in our monitoring processes is vital to ensure our compliance processes evolve in line with global growth.”

Greg Watson, CEO of Napier AI, commented: “We are proud to support FreemarketFX as they expand their global footprint, using AI to aid their compliance efforts as their volume of payments scales. By combining AI with explainable decision making, we’re helping analysts detect and fight financial risks faster and more accurately to keep payments secure.”

Napier AI’s recent research found that $3.3 trillion could be returned to global economies with AI-powered anti-money laundering strategies by taking on repetitive, resource heavy elements of analysis such as client due diligence and reporting, sifting through hundreds of alerts a day and flagging high-risk cases that require input from compliance analysts.