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
4 signs you need to digitise your compliance processes
Compliance today is more complex than ever. Every day, it seems like there is a new piece of regulation or legislation that professionals need to take note of. In this eBook, we look at four of the sure-fire signs you need to consider digitising your compliance processes. … Read More
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
The Future of Compliance: Digital Transformation Meets Regulation
Digital transformation is driven by growth opportunities, followed by increased competitive pressure and new regulatory standards. Digital Transformation (DT) is nothing new; it’s an industry in itself that has become diluted to a point where it has virtually lost its … Read More
Accelerating the Adoption of RegTech
The ‘Kalifa Review of UK FinTech’ was conducted on behalf of The City of London Corporation, and at the behest of Her Majesty’s Treasury, and could not have come at a more opportune time. It raises many questions on how the UK can maintain its place as the world FinTech hub, especially in the wake of Brexit. In this article, I will delve into the issues raised in the report and propose potential solutions to these questions, from the perspective of an established and successful RegTech provider. … Read More
New! Insights from NorthRow
Knowing Your Customer is no longer sufficient. You need to be able to understand your customer in order to safeguard the business from risk exposure. … Read More
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
Continuous Compliance: Why KYC Isn’t Enough
For a moment, let’s imagine we have achieved the Nirvana state of functional, continuous KYC. Where does that get us? Because KYC files, of themselves, are useless. They always have been. … Read More
Building Societies Digital Transformation
Digital transformation projects have been fast-tracked for Building Societies Learn more now. … Read More
NorthRow Joins Newly launched Fintech Innovation Network
Press Release -7th April – FinTech Innovation Network (FIN) has launched with over 300 featured solutions. Initially focused within the financial crime space, the platform includes profiles from organisations such as Arachnys, Dow Jones, iProov and Pegasystems. FIN provides detailed … Read More