NorthRow

Robust onboarding for payments

Unlock faster payments with integrated KYC and AML safeguards

Onboard merchants with complex global structures effortlessly using a solution built to fit seamlessly into your workflows. Our platform simplifies compliance, speeds up onboarding, and offers customisable verification across jurisdictions.

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Coverage
Payment services identification

Join other payment companies such as CloudPay, Super Payments and Pax2Pay who have simplified their compliance.

The biggest AML challenges for the payments industry

REGULATORY COMPLIANCE AND SECURITY

Regulatory bodies continuously update AML frameworks, altering 6AMLD and FATF recommendations.

HANDLING DIGITAL CURRENCY COMPLEXITY

The anonymity and decentralisation of cryptocurrencies and CBDCs hinder money laundering detection.

REAL-TIME PAYMENTS AND AML MONITORING

Real-time transactions allow minimal time for AML screening, making it harder to detect suspicious activities.

DETECTING NEW FINANCIAL CRIME TECHNIQUES

Money launderers are using sophisticated techniques often missed by traditional rule-based AML systems.

SUSTAINABILITY AND ESG CONSIDERATIONS

Consumers and investors demand payment companies show commitment to ethical practices and sustainability.

ACROSS-BORDER PAYMENT COMPLEXITY

Implementing cross-border AML controls ensures robust monitoring of jurisdictional differences in payments.

65%

of real-time platforms to integrate KYC

200+

countries align AML regulations to FATF

£215.87 M

in fines for payment companies H1 2024

80%

of PSPs set to upgrade AML solutions

£2.05 BN

cryptocurrency AML market projected

How NorthRow helps

Accelerate compliance and streamline verification for persons and merchants efficiently

Mitigate risk and reduce non-compliance using a digital platform that balances AML and CFT compliance responsibilities with customer experience.

Build trust with regulators and financial institutions

Incorporate advanced AML screening solutions to mitigate the risk of financial crimes. Demonstrate a transparent audit trail for all monitoring and investigative activities.

Gain instant access to updated sanctions lists and PEP data

Screen customers against global sanctions and PEP watchlists, including HMT, OFSI, OFAC, UN, EU, and other sanctions from around the world, with information updated in real-time.

Enhance the experience for both merchants and customers

Streamline your onboarding processes, significantly reduce false positives, and ensure a truly memorable customer experience with our user-friendly, scalable AML technology.

payment cards KYC

In the fast-paced online business world, one rule stands above the rest: ensure you have the highest number of true positives and the lowest number of false positives. Without training your models and putting the right data sets in place, it will be an uphill battle. 

Tamas

Tamas Kadar

Chief Executive Officer of SEON

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KYC Compliance

Accelerate worldwide merchant and partner onboarding

Leverage biometric and liveness verification technology to swiftly onboard your merchants and partners, supported by a wide range of global data sources for complete due diligence.

payments case management for compliance
rest API
Simplify Tomorrow

Ignite growth through effortless system integration

Seamlessly integrate your systems and expand your business with our REST API, designed to streamline processes, cut costs, and ensure compliance with AML regulations.

Flag Activity

Stay ahead of threats with real-time client risk monitoring

Bolster your transaction monitoring process by creating a risk-based approach with personal rules to detect high-risk and suspicious activities, reducing false positives automatically.

payment services KYC workflow

Impact in numbers: elevating compliance for payments

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

Uncompromised Data Security

Rest assured, your data is secured with AES-256 encryption both in transit and when stored, following ISO 27001 standards for information security management.

Biometric Fraud Prevention

Confidently onboard partners and merchants, prevent fraud, and maintain security through biometric facial authentication, ensuring new customers are who they claim to be.

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Navigate Across Borders

Engage in cross-border actions by navigating the complexities of international compliance and adapting to regulations across different jurisdictions.

credit cards
cloudpay

Helping CloudPay slash validation times from days to minutes, enabling rapid service expansion.

CloudPay chose NorthRow to deliver a quicker, more efficient onboarding process to support rapid growth and lofty ambitions for the future while enhancing compliance and security and improving the overall customer experience.

Read their story

AML in payments 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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