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.
The Department for International Trade (DIT) has accepted NorthRow to join their UK trade mission to Amsterdam. NorthRow was selected along with leading UK FinTechs including Currency Cloud, Cube, OakNorth and Clause Match. The mission is taking place from 13th-14th of March and will take place in Amsterdam’s main financial hub, Zuidas. Learn more.
There is still a great deal of confusion surrounding the client due diligence process.One area that causes the greatest confusion relates to the 4MLD approach to Politically Exposed Persons (PEPs) and Sanctions checks on individuals and entities. The following represent 7 main misconceptions relating to PEPS and Sanctions Compliance. Learn More.
KYC/IDV checks for onboarding clients cover a lot of ground. Firms need to assess against requirements for anti-money laundering, categorisation, suitability and appropriateness across a multiplicity of countries with different laws and regulatory regimes. NorthRow can simplify and streamline your client onboarding amid shifting requirements. Learn More.