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TruNarrative and Omni Capital partner for combating financial crime


John Lord, TruNarrative CEO

UK-based TruNarrative’s financial crime detection and prevention solution has been selected by UK provider of Point-of-Sale consumer credit, Omni Capital Retail Finance.

“We are thrilled to be working with Omni Capital finance and helping them to improve their financial crime detection process. It is great to be partnering with such an innovative business who share similar values to TruNarrative. We look forward to working with them and helping them continue to provide an excellent service for their customers as the company grows, ” said John Lord, TruNarrative CEO.

According to the supplier, the solution will provide Omni with a real-time service that leverages rules through configuration in natural language against their own data. The solution will also enable Omni to attain an enhanced level of control, speedy deployment of fraud prevention strategies thus ensuring low friction customer onboarding.

“We are excited to be working with TruNarrative, the platform will enable us to offer greater protection to our customers from the risk of financial crime whilst still ensuring a seamless and simple customer journey,” said Paul Hirst, Omni Head of Risk.

TruNarrative has also partnered with Borgun hf., an acquiring bank which processes payments across Europe and Iceland. The partnership will enable Borgun to utilize the former’s platform to become efficient in onboarding and merchant lifecycle management (MLM).

Recently, the  UK-based Atom bank has selected TruNarrative’s financial crime solution in a bid to provide a real-time AML transaction monitoring and financial crime customer screening and monitoring solution.

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