Our latest Wired-In webinar assesses best practice KYC compliance and provides insight to create and run an effective KYC programme. … Read More
Client Onboarding
Infographic: Checking a company director
Checking company directors for Anti-Money Laundering (AML) is a pivotal step in ensuring the health, integrity, and legality of any business operation. It’s not just about ticking regulatory boxes; it’s about protecting the very essence of your company. AML checks … Read More
7 reasons why tech-enabled compliance is a gamechanger
Today’s world is run by technology. In countless industries, technology is at the heart of processes and products enhancing customer experience with faster and more efficient results. Tech-enabled compliance is no exception, offering numerous benefits to organisations. Streamlining the onboarding … Read More
From compliance to confidence: Building digital trust in AML programmes
This article provides insights on how AML programmes can help financial services firms to effectively navigate the digital landscape and instil trust in their compliance processes. … Read More
Conducting an AML check: tools and processes
In this article, you’ll find a handy anti-money laundering compliance checklist of the key areas, summarising good practices; helping firms to meet compliance requirements and instil confidence in operations. … Read More
The five biggest AML compliance challenges facing financial institutions in 2023 and how NorthRow can help
In this article, we will explore the five biggest AML compliance challenges that financial institutions encounter, the significance of each and share an insight into how NorthRow’s AML compliance platform can help. … Read More
How to verify Ultimate Beneficial Owners (UBOs)
UBO stands for Ultimate Beneficial Owner. It refers to the person (or persons) who ultimately owns or controls a company or legal entity. The UBO is the individual who enjoys the benefits of ownership, such as receiving profits or exercising … Read More
Facial recognition software explained
Facial recognition software is used to verify a person’s identity based on their facial features – but what exactly is it? … Read More
What is KYC due diligence?
Know Your Customer (KYC) is the essential requirement for regulated businesses and financial institutions to verify a customer’s identity when onboarding or opening an account for example. Customer Due Diligence (CDD) entails conducting background checks along with identifying a business’ … Read More
The importance of Know Your Business (KYB) checks: best practices for compliance
As financial crime threats evolve, so does the importance of conducting Know Your Business (KYB) checks. In today’s business landscape, regulatory bodies expect compliance officers to conduct a comprehensive KYB check for each company they onboard to ensure compliance with … Read More