For many firms, expanding into new markets offers huge potential for growth. With every new country comes a fresh pool of customers, greater revenue potential, and the chance to become a global player. But with great opportunity comes significant risk … Read More
Client Onboarding
Overcoming global data challenges in KYB
Financial Institutions’ Know Your Business (KYB) data requirements are stringent but necessary in the context of our multi-trillion dollar global financial crime problem. This data help institutions understand their clients’ motives, allowing them to rule out, within a reasonable margin of error (risk tolerance), the likelihood that a corporation is being used for illicit activities. … Read More
How to navigate KYB challenges in payments firms from the C-Suite
Navigating the complexities of Know Your Business (KYB) regulations is one of the most critical tasks for C-suite executives in regulated payments firms. As the regulatory landscape evolves, executives must stay ahead of compliance requirements while fostering a business environment … Read More
Wired-In webinar: Achieving best practice KYC compliance in 2023
Our latest Wired-In webinar assesses best practice KYC compliance and provides insight to create and run an effective KYC programme. … Read More
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
How to conduct an AML check and ensure compliance
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 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