Client Due Diligence Archives

One API to Help Developers Streamline the Client Onboarding Journey

Posted by Adam Holden on 21/05/2019 | Featured

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

Tags: AML, AML & KYC Checks, API, API Economy, Client Due Diligence, Client Onboarding, Compliance, Developers, IDV Checks, Product, Public API, Single API

NorthRow Accepted to Join UK Trade Mission to Amsterdam

Posted by Lauren Davison on 11/03/2019 | Featured

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. … Read More

Tags: AML, Client Appropriateness, Client Due Diligence, Client Onboarding, Client Suitability and Appropriateness Checks, Compliance, Department of International trade, DIT, FinTech, KYC, MiFID II, UK

What Are the 7 Biggest Mistakes Firms Are Making When it Comes to PEPs & Sanctions?

Posted by Lauren Davison on 22/02/2019 | Featured

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. … Read More

Tags: 4MLD, 5MLD, AML Checks, AML Compliance, Client Due Diligence, Client Onboarding, FinTech, KYC Checks, PEPs, PEPs & Sanctions Monitoring, Politically Exposed Persons (PEPs)

All Aboard? Streamlining Your Client Checks Amid Shifting Requirements

Posted by Chris Bourne on 31/01/2019 | Featured

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. … Read More

Tags: AML Checks, API, Brexit, Client Appropriateness, Client Due Diligence, Client Onboarding, Client Suitability and Appropriateness Checks, Complex Compliance, KYC Checks, MiFIDII, MLD5, muinmos