Napier AI powers MV Shield for building societies

Napier AI and Mutual Vision unveil MV Shield AML platform

Napier AI and Mutual Vision have launched MV Shield – Powered by Napier AI, a purpose-built AML and financial crime compliance platform for building societies and credit unions in the UK and Canada.

The partners say the product is designed to give mutuals a simpler alternative to generic AML systems, with controls, reporting and risk models configured around mutual-sector requirements..

The offering is delivered as Compliance as a Service (CaaS), combining Mutual Vision’s sector expertise with Napier AI’s compliance technology. It is aimed at institutions that may still be using fragmented legacy tools or manual processes, with the goal of making screening and AML transaction monitoring faster to deploy and easier to run for smaller compliance teams.

MV Shield includes customer screening and transaction monitoring delivered through the CaaS model, alongside custom-built AI models intended to reflect mutuals’ risk exposure. The platform also features more than 100 pre-configured typologies developed through Napier AI’s work with the Financial Conduct Authority.

Napier AI CEO Greg Watson said, “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.”

Mutual Vision CEO Tim Bowen 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.”

Read the daily FinTech news
Copyright © 2026 FinTech Global

Enjoying the stories?

Subscribe to our daily FinTech newsletter and get the latest industry news & research

Investors

The following investor(s) were tagged in this article.