NorthRow

Fintech

AML compliance for fintechs

Streamline compliance and prevent fraud with accurate KYC & KYB

Take the headache out of AML compliance with our automated KYC, KYB, and ID&V solutions. Verify identities, perform AML screening, monitor ongoing risks, and manage cases – all from one intuitive dashboard.

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Fintech ID verification KYC

Join other fintech firms who have reduced their client onboarding risks to protect their business.

The biggest AML challenges for fintech firms

CUSTOMER DATA SECURITY AND PRIVACY

Managing sensitive financial data with compliance with privacy laws adds complexity to operations.

CHANGING AML REGULATIONS

Keeping up with ongoing compliance with KYC, KYB, AML, and other regulations is a challenge for fintechs.

BALANCING COMPLIANCE WITH USER EXPERIENCE

Fintechs must balance customer experiences with strict AML requirements, especially during onboarding.

GLOBAL EXPANSION WITH LOCAL COMPLIANCE

As fintechs scale globally, they must navigate regulations, from local AML laws to different KYC/B standards.

MANAGING DATA AND TECHNOLOGY INTEGRATION

With diverse data sources and systems, ensuring accurate data collection and reporting can be difficult.

DETECTING SOPHISTICATED FINANCIAL CRIMES

Cybercriminals continually develop sophisticated techniques, such as using crypto assets or layering transactions.

£148 BN

fintech market projection in 2024

9.6%

CAGR expected through 2026

£440 BN

Visa leads the sector with this valuation

70%

reduction in fraud investigation due to AI

£16 BN

growth for blockchain-related solutions

How NorthRow helps

Fast-track onboarding with automated AML checks, ongoing monitoring and reporting for your customers 

Verify clients and partners instantly with our AML software, automating KYC and KYB checks for seamless compliance. Stay confident that your onboarding meets AML standards.

Streamline onboarding with real-time ID&V

Streamline onboarding with real-time ID&V that’s user-friendly. Reduce abandonment while ensuring every customer is verified securely alongside regulatory requirements.

Simplify global KYB verification in seconds

Our KYB tools simplify even the most complex verifications. Instantly access global business registries, uncover UBOs, and verify data in seconds – not weeks.

Scale your fintech business, effortlessly

Grow your fintech business without compliance headaches. Whether you’re adding new markets or scaling user bases, we grow with you, ensuring compliance is never a bottleneck.

fintech group

Fintech applications are widely used across the UK, with eight out of ten adults using at least one on their phone or other devices. This makes the UK the leader in fintech adoption. The goal is for the UK to remain at the forefront of adopting new financial technology and ensure everybody is included.

fintech expert

Roberto Napolitano, MBA

Chief Marketing Officer at Innovate Finance

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Assess AML Risk

Scale your fintech and meet AML requirements with confidence

Scale globally while ensuring compliance with AML regulations. Our platform adapts to the requirements of over 220 jurisdictions for customer and partner verification.

Easily manage AML compliance with WorkStation
investment banking KYC check
Grow Your Business Globally

Instantly verify and onboard global customers and partners

Our automated KYB and KYC solutions cut onboarding from weeks to minutes, simplifying verification, global registry access, UBO uncovering, and risk assessments.

Global Compliance

Secure onboarding for every customer, ensuring trust

Real-time ID verification (ID&V) checks ensure a frictionless experience for your customers while safeguarding your fintech firm against fraud and financial crime. 

sme lenders verification

Impact in numbers: elevating compliance for fintechs

We bring together global market-leading data sources and verification technologies into a single, simple interface, accessible anywhere, any time.

< 4%

Abandonment rate

220+

Jurisdictions

500m+

Entities available

13,000

Documents supported

1.5m

Daily news articles

< 2%

False positive rate

Audit-ready compliance records

Ensure every step of your compliance process is documented and stored for easy auditing. Simplify reporting and demonstrate your commitment to regulatory excellence.

Round-the-clock monitoring 

Our platform continuously monitors customers and partners, ensuring that you stay updated on changes in risk profiles or new regulatory requirements.

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Protect your reputation

Avoid the reputational and financial damage of non-compliance or fraud. Our solutions safeguard your business, allowing you to focus on growth with peace of mind.

fintech
crowdz

Delivering Crowdz consistent, automated KYC and KYB checks to prevent fraud within their platforms.

Crowdz chose NorthRow to deliver automated KYC and KYB checks, ensuring a more proactive approach to customer onboarding and validation.

Read their story

Fintech FAQs

For all of your burning questions, take a look at our FAQs. Can’t find the answer to your question? Feel free to contact us directly and we’ll be happy to help.
What data providers do you use?

NorthRow integrates with lots of renowned global data providers, corporate registries and premium data sources, providing unrivalled access to the data your business needs.

Our key data providers are as follows:

Dun & Bradstreet who are leading company data and UBO database specialists, featuring over 500 million global company entities.

Lexis Nexis is our core provider of UK identity and address validation data, such as credit reference agency and electoral register data.

Acuris (often referred to as C6), is our core provider of risk data. Specifically for PEPs, sanctions and adverse media.

Creditsafe is our supplier for KYB/company data. Often used for corporate ownership and structure information. This includes company directors, shareholders and other interested parties as well as where a company is based and its business activities to help support identification of UBOs.

More information can be be found here.

What do you do with our data?
At NorthRow we take security very seriously, we adhere to the highest, rigorous standards for data, privacy and security compliance. The data you send us is only used to verify your client’s identities and businesses. We never use it for any other purpose. We send it to third parties to complete the checks, and we can share our list of sub-processors with you so that you have full transparency of how your data is used.
Where is our data held?
Our products are tested continuously throughout our development process by a team of internal QA engineers. In addition to the application testing we regularly scan for vulnerabilities using third party services and undertake annual detailed penetration testing. We continually monitor new vulnerabilities and proactively work to ensure that we are protected.
How do you test your services?
Our products are tested continuously throughout our development process by a team of internal QA engineers. In addition to the application testing we regularly scan for vulnerabilities using third party services and undertake annual detailed penetration testing. We continually monitor new vulnerabilities and proactively work to ensure that we are protected.
What about service availability?
NorthRow makes use of the Amazon Web Services and Microsoft Azure to ensure we do not have a single point of failure in our architecture. All the data we hold and the services we provide are backed up at regular intervals to protect against disruption or loss of data.
What support is included?

From the moment we work together we hold your hand throughout the implementation process and continue through to ‘go live’.

Excellent customer service and continued support are all part of partnering with NorthRow. You can always email our support team on support@northrow.com if you have any queries.

All Premium and Enterprise package customers receive a dedicated account manager who will keep in touch to ensure you get the most out of our software.

How fast can I be up and running?
Typically, we get our clients live within 14 days of them signing a contract.

We’ve worked with hundreds of regulated businesses. Let’s work together.

Book your free demo of our ID&V, KYC, KYB, and AML compliance solution and discover how we’ve turned compliance into a competitive advantage for companies like Knight Frank, CloudPay, and Yorkshire Building Society.

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