The unprecedented uncertainty caused by the pandemic is having a profound impact on SMEs around the globe. Lenders must ensure they deliver funds quickly and efficiently to help ensure the survival of small businesses. With lockdown measures still in place for many, we how lenders can deliver faster funding for SMEs during the coronavirus (COVID-19) crisis. … Read More
AML
5th Anti-Money Laundering Directive: Do We Need Rules or a Flexible Approach?
Customers want the convenience of opening a bank account in minutes from a mobile phone, and firms need to efficiently respond to this increasing customer demand for remote onboarding. These same firms are also beginning to see opportunities arise with the advent of Open Banking and PSD2. NorthRow offers innovative remote onboarding solutions to help financial firms with their complex compliance, identity and security demands, simplifying client onboarding via a single API. Learn more now. … Read More
Acceleration to Secure, Remote Customer Onboarding
Customers want the convenience of opening a bank account in minutes from a mobile phone, and firms need to efficiently respond to this increasing customer demand for remote onboarding. These same firms are also beginning to see opportunities arise with the advent of Open Banking and PSD2. NorthRow offers innovative remote onboarding solutions to help financial firms with their complex compliance, identity and security demands, simplifying client onboarding via a single API. … Read More
Beneficial owners in a complex company structure
How do you identify beneficial owners and company directors in a complex company ownership structure? … Read More
One API to Help Developers Streamline the Client Onboarding Journey
Manual, cumbersome and drawn-out client onboarding processes require multiple communications with the customer to collect and verify different identity documents. The result? Poor client experience, a high attrition rate, lost revenue and dissatisfied customers. In this new digital environment, clients expect a seamless onboarding journey and their patience for the time-consuming nature of traditional onboarding processes is fading fast. Read latest NorthRow blog to learn more. … Read More
Helping A Leading Estate Agent ensure AML & Right to Rent Compliance
Estate and lettings agents are under increasing pressure to implement risk mitigation strategies to ensure they are compliant with AML and Right to Rent regulations. NorthRow offers leading estate agents in the UK the ability to leverage cutting- edge technology to automate AML, KYC and IDV checks, streamlining the client onboarding journey. Learn more.
Crypto Asset’s Pathway to the Mainstream through AML and KYC Compliance
If you are looking to start a crypto asset business it is important to ensure that proper procedures are put in place from day one. NorthRow provides AML and KYC compliance single API. … Read More
Client Suitability & Appropriateness
Whether a financial institution is offering investment advice, portfolio management or providing non-advice services such as execution-only services, the relevant suitability and/or appropriateness checks must always be carried out. NorthRow has partnered with muinmos to automate client suitability and appropriateness checks. … Read More
NorthRow to Verify International Users for UK Open Banking
NorthRow (a Contego solutions business), the RegTech and compliance specialist, has been chosen by the UK’s Open Banking Implementation Entity (the ‘OBIE’), to verify its users in the European Union and the rest of the world. The move follows the successful implementation of verification processes for UK users, streamlining services for customers. The new partnership will see NorthRow verify users throughout the EU and the fast-emerging markets in Asia Pacific, including: India, the Philippines and Australia/New Zealand. … Read More
Digital Client Passport vs. Financial Crime: Collaboration for Success
A Digital Client Passport for financial services is a new initiative for mitigating both the operational risk and time-to-market elements that banks face. NorthRow will be a key player in contributing to the Digital Client Passport, providing a breadth of data enabling real-time intelligence via a single, easily integrated API. … Read More