London-based RegTech Napier AI has been selected to join the Financial Conduct Authority’s (FCA) new Supercharged Sandbox, created in partnership with NVIDIA and NayaOne to fast-track responsible AI in UK financial services.
The initiative gives innovators access to advanced technology via NVIDIA AI Enterprise and regulatory support from the FCA. Over three months, Napier AI’s data science team, led by Dr Janet Bastiman, will develop and test frequency-based AI models to detect money laundering using synthetic data.
The project aims to outperform existing rule-based systems by identifying complex laundering networks in real time. The Napier AI / AML Index 2025–2026 reported UK money laundering losses of nearly £150bn last year, highlighting the urgency for better detection tools.
Napier AI chief product officer Will Monk said, “The effective and ethical deployment of AI systems across financial services is not a challenge the industry can solve alone, requiring cross-collaboration from businesses, regulators and technology providers to put robust risk management frameworks and safe innovation environments in place. Working through the FCA’s Supercharged Sandbox will enable leading AI players to accelerate the development of game-changing AI solutions in a controlled manner, building safe systems that have a transformative impact across both the industry and wider society.”
He added, “When deployed in specialist areas such as financial crime, AI can drive billions in cost savings. The Napier AI / AML Index showed that UK financial institutions could save £2.54 billion annually through AI-driven AML solutions, and the FCA’s Supercharged Sandbox is the perfect platform to streamline this development and deployment to put this cost saving into action.”
This follows Napier AI’s earlier work with The Alan Turing Institute, the FCA and Plenitude on synthetic data.
Napier AI develops AI-driven anti-money laundering and compliance software for financial institutions, transforming compliance from a regulatory burden into a strategic advantage.
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