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
Author Archives: Adam Holden
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
6 Common Barriers to Effective (KYC) Client Onboarding
Since the 5th Anti-Money Laundering Directive (5th MLD) came into force on the 10th January this year, there has been some confusion around reporting information to Companies House. Vanessa Richard explains it in the latest blog. … Read More
How the 5th MLD has affected beneficial owners and Companies House discrepancies reporting
Since the 5th Anti-Money Laundering Directive (5th MLD) came into force on the 10th January this year, there has been some confusion around reporting information to Companies House. Vanessa Richard explains it further. … Read More
Remote Verification: How Regulated Firms Can Protect Themselves & Thrive
In a digital world, your clients expect to be able to sign up instantly, anywhere at any time, in any case, so not being able to meet face-to-face shouldn’t be an issue. Regulated firms, who generally rely on face-to-face meetings, are facing a particularly tough time … Read More
Why I Founded NorthRow
For Adrian Black, the CEO of NorthRow founding this company wasn’t just about the business opportunity, but a chance to make a difference. … Read More
Streamline Know Your Business (KYB) and Ongoing Client Monitoring
If you are a regulated firm, business onboarding checks can be painful, especially when meeting current regulatory and legal requirements. NorthRow Know Your Business (KYB) and Know Your Customer (KYC) checks to accelerate the client onboarding process. … 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
Politically Exposed Person (PEP) | Low vs. high-risk
NorthRow has a ‘PEP Tiering Guidance’ system that can serve as a framework for its to follow due diligence investigations. In accordance with a risk-based approach, the categories are divided into 4 different priority levels please see below the diagram. … Read More