NorthRow partners with IDVerse to streamline onboarding and compliance with advanced AI-powered identity verification
NorthRow, the leader in Know Your Customer (KYC), Know Your Business (KYB), and Anti-Money Laundering (AML) software, has today announced its partnership with IDVerse, the specialists in generative AI identity verification, to simplify the onboarding and AML compliance process for regulated firms.
Regulated firms are under mounting pressure from regulators to conduct thorough due diligence while maintaining fast onboarding processes for customers. This new partnership, integrating IDVerse’s cutting-edge identity verification technology, known for its 99.99% reliability and rapid results, with NorthRow’s end-to-end compliance platform, is designed to tackle this challenge head-on.
By combining these two solutions, NorthRow and IDVerse deliver a seamless, user-friendly platform that covers almost any identity document worldwide across 140+ languages and typesets for both individual and business verification. This makes handling everything from simple client onboarding to complex corporate structure and beneficial ownership verification faster and more efficient, saving time and reducing risk.
Key benefits include:
- Automated workflows: Minimise manual intervention and free up compliance resources.
- Real-time insights: Instant, reliable verification for KYC and KYB processes.
- Zero Bias AI™ Tested: The technology recognises customer diversity, treating each individual fairly and equitably.
- Regulatory compliance: A solution built to support AML requirements, no matter how stringent.
- Deepfake Defender™: Trained on AI-generated fraudsters outpace synthetic media to protect your authentic users.
On the partnership. NorthRow’s CEO, Andrew Doyle said: “At NorthRow, we are committed to providing our clients with effective and innovative solutions that simplify the complexity of AML compliance. Our partnership with IDVerse takes this mission a step further by offering a powerful, efficient tool for KYC and KYB verification, providing firms with peace of mind that their compliance processes are both secure and accurate.”
“Our mission at IDVerse is to deliver cutting-edge identity infrastructure that helps partners safeguard online experiences, particularly in ID and age verification. Our collaboration with NorthRow demonstrates this commitment to comprehensive identity solutions.” said Libby Robinson, Head of Partnerships at IDVerse.
Robinson added, “What sets our approach apart is the modular flexibility that allows platforms to tailor their verification processes. By integrating advanced computer vision and neural network technologies, we ensure each verification step for NorthRow’s customers are both precise and adaptable.”
About NorthRow:
NorthRow brings together market-leading compliance and verification technologies into a single, simple interface, accessible anywhere, any time. This empowers compliance officers to make faster decisions, reduce the need for siloed systems and onboard customers in seconds, not days, so that they can contribute to the success of their business.
Introducing NorthRow into a business ensures that it is compliant, manages risk more sustainably and has a positive impact in reducing financial crime.
NorthRow is an intuitive and highly secure KYC/B and ID and verification system located in the Cloud, meaning all users can perform customer, business, or employee verification instantaneously. The additional time saved unlocks more time to focus on the single most important task – growing their business safely.
About IDVerse:
IDVerse provides the tools and infrastructure that empower the identity verification industry, enabling businesses to verify anyone’s identity within seconds using only their face and smartphone—across over 220 countries and places, and with nearly any issued ID document.
IDVerse is fighting AI bias by developing face recognition systems that prioritize inclusivity and fairness. Through our Zero Bias AI™ tested technology, we harness the power of regenerative AI to mitigate discrimination based on race, age, and gender. This advanced technology not only fights fraud and deep fakes but also significantly reduces associated risks.
IDVerse is trusted by startups, governments, and global enterprises, including HSBC, Uber, Experian, Equifax, and LexisNexis. Founded in Australia in 2018, IDVerse is a Series B venture-backed company with offices in Sydney, London and Silicon Valley.
For more information, visit www.idverse.com
