NorthRow

Digital Transformation

single-solution KYB

How single-solution KYB can simplify compliance and enhance efficiency in payments firms

Single-solution KYB platforms can streamline compliance processes for payments firms by integrating multiple data sources, reducing manual checks, and enhancing operational efficiency. By centralising data and automating verifications, these systems improve onboarding speed and accuracy, ensuring complete AML compliance.

Read More

AML compliance growth strategy

How compliance software can support your growth strategy

In this article, we explore how integrating software into your AML compliance processes can support your growth strategy.  … Read More

compliance landscape

Infographic: How technology is shaping the compliance landscape

In this infographic, we explore how technology is shaping the face of the AML compliance landscape. … Read More

digital trust

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

Digital transformation and compliance

What is digital transformation and how can it impact compliance?

Digital transformation is the process of using technology to establish new — or improve existing — processes, culture, and customer experiences to meet ever-changing business and market demands. According to McKinsey & Company, a ‘well-executed, end-to-end risk-function digital transformation can … Read More

Compliance Cost of Amber Management

Compliance Cost of Amber Management

A world of binary results of either pass or fail, (Green or Red) would be nirvana; but that just isn’t realistic. There will always be cases that require further due diligence before you safely commit to onboard, or continue to interact with the customer, or not. Ambers are those cases that fall between the ‘accept’ or ‘decline and cause your business a challenge. … Read More

Building Societies Digital Transformation

Building Societies Digital Transformation

Digital transformation projects have been fast-tracked for Building Societies Learn more now. … Read More

Ultimate Beneficial Ownership

Why is ultimate beneficial ownership verification important?

Ultimate Beneficial Ownership (UBO) is vital for compliance and financial crime prevention. NorthRow’s tool simplifies UBO verification, enhancing accuracy and efficiency. … Read More

Remote Identity Verification

Remote Identity Verification

The challenge for regulated firms is to provide remote and seamlessly onboarding experiences for their clients, without compromising their security and compliance obligations. Does there need to be a trade-off between delivering compliance with speed and convenience? In this article we summaries a discussion between Adrian Black, NorthRow’s CEO, and Andrew Bud (CBE), iProov’s CEO, as they delve into this topic. … Read More

Client Lifecycle KYC Management

Client lifecycle KYC management: Taking a holistic approach

Client lifecycle KYC management streamlines onboarding, verification, monitoring, and remediation processes, ensuring compliance, efficiency, and enhanced due diligence, while automating tasks to improve accuracy and reduce operational costs. … Read More