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 the latest press release to learn more..
NorthRow (a Contego Solutions Business) are exclusively handling Open Banking’s identity verification and proofing Processes on all FCA-regulated 3rd parties accessing the Open Banking platform. NorthRow delivered a customised solution that provides Open Banking with a complete picture of who they are working with, not just in the UK but now across Europe. Our robust approach to validation ensures that a thorough check is made using multiple data points to ensure that the process is comprehensive while remaining low touch. Download our case study to learn more.
NorthRow has been appointed to support Open Banking’s identity-proofing and verification processes, and ensure security and customer needs are embedded at its core. FCA-regulated parties will be able to apply to access the data, therefore thorough and comprehensive verification checks are paramount. Download the latest case study to learn more.