RZOLUT enables stronger compliance controls for Vision Bank

By Vriti Gothi

RZOLUT Technologies has partnered with Vision Bank to support enhanced background checks during customer onboarding, reinforcing regulatory compliance at the Abu Dhabi–based Islamic financial institution.

Vision Bank, an ADGM Category-1 licensed Shari’ah-compliant bank, will adopt RZOLUT’s regulatory intelligence and due diligence services to access independently sourced customer information as part of its onboarding and ongoing compliance processes. The bank selected RZOLUT following a detailed evaluation of accuracy, domain expertise, platform performance, and service maturity.

Strengthening onboarding controls has become a priority for banks amid stricter regulatory expectations, particularly within cross-border financial services and digital operating environments. With Islamic finance institutions expanding their corporate and trade offerings, comprehensive background verification has increasingly become a differentiator in managing financial crime risks and accelerating compliant onboarding.

“With this partnership, RZOLUT is pleased to support Vision Bank in advancing its compliance capabilities through independent background searches,” said Jaideep Mehta, Managing Director at RZOLUT. He added that the firm aims to help institutions reduce onboarding risks and improve regulatory assurance across the due-diligence lifecycle.

“We welcome RZOLUT as a valuable partner and look forward to leveraging their domain expertise, data, and technology platform for our risk and compliance needs,” said Parvin Jain, Chief Executive Officer of Vision Bank. “This collaboration reflects our commitment to offering expedited and best-in-class financial services.”

RZOLUT continues to expand its presence as a RegTech provider across financial institutions pursuing stronger governance frameworks and data-driven oversight.