If you are looking to start a crypto asset business it is important to ensure that proper procedures are put in place from day one. NorthRow provides AML and KYC compliance single API. Learn More
NorthRow, a leading RegTech firm which helps regulated clients with their AML, KYC and KYB requirements, are pleased to announce that it has been selected as one of The REGTECH100’s most innovative companies for the second consecutive year. The REGTECH100 is an exclusive directory of the world’s leading RegTech companies, that have developed innovative technology solutions to help the financial services industry manage the increasingly complex and challenging regulatory environment in which they operate in. Learn More.
NorthRow has recently been acknowledged as a member of the London Mayor’s International Business Programme. This invitation-only network showcases and supports London’s high-growth entrepreneurial businesses, and provides links between them and leaders of global businesses and government organisations. learn more.
We have recently added Legal Entity Identifier (LEI) data to the NorthRow platform. All investment and trading firms subject to MiFID II will now be able to access LEI data through NorthRow's Single API as part of a Know Your Business check (KYB), helping regulated firms to streamline client and entity onboarding.
Automated KYC checks are part of the single API solution delivered by identity verification companies. They work by using a single point of entry to multiple data sets, allowing you to input your customer data once and thoroughly vet client information in your records without significant manual work.
Increasingly, financial firms are turning to external RegTech providers to supply technology to support client onboarding. Too often, suppliers offer a standardised process which covers only the core, vanilla requirements. NorthRow offers a flexible compliance solutions to clients complex clients onboarding and monitoring. Learn more.
Whether a financial institution is offering investment advice, portfolio management or providing non-advice services such as execution-only services, the relevant suitability and/or appropriateness checks must always be carried out. NorthRow has partnered with muinmos to automate client suitability and appropriateness checks. Learn more.
In today's digital world, online ID verification is a top priority for compliance and security. Trust is paramount for business success in an age where corporations are being hacked every month and some of the world's biggest websites are selling your data to the highest bidder. When working with customers, leads, partners, or employees its important that the right data is readily accessible when needed but also adequately protected. Identification must be proven sufficiently but without it being too much of an obstacle. NorthRow offers a variety of identity verification solutions to help streamline employee and customer onboarding. Learn More.
To build a strong and robust fraud-prevention system, companies need to incorporate effective anti-money laundering measures into their business processes. To do this, every company needs to know the process of how and when it should do AML and KYC checks. NorthRow works with organisations across multiple sector helping them to automated AML, KYC and IDV checks to streamline client onboarding, while helping to ensure compliance. Learn More.
NorthRow, a leading RegTech firm, will be exhibiting at Invest Ops Europe and attending this year’s event to speak directly with Wealth and Asset Management firms to showcase how we can help them to onboard clients more efficiently while also remaining compliant. NorthRow offers clients a range of options from automated regulatory compliance checks through to a managed services capability for enhanced client due diligence and on-boarding for buy-side firms. Learn More.
Compliance procedures surrounding Know Your Customer (KYC) rules are putting financial firms under an increasing amount of pressure. According to a recent study, the average spend on KYC-related practices for large financial institutions increased to $150m USD last year, up from $142m USD the preceding year. Learn More.
At NorthRow we have added new functionality to help improve and simplify international company monitoring for our clients. We have increased our international data coverage and the company status/events or changes that we can now track, monitor and alert you of to help ensure your business remains AML compliant. Request more information demo.
Customers want the convenience of opening a bank account in minutes from a mobile phone, and firms need to efficiently respond to this increasing customer demand for remote onboarding. These same firms are also beginning to see opportunities arise with the advent of Open Banking and PSD2. NorthRow offers innovative remote onboarding solutions to help financial firms with their complex compliance, identity and security demands, simplifying client onboarding via a single API. Learn more now.
NorthRow, a Contego solutions business, has been selected to be part of the fourth cohort of the Financial Conduct Authority’s (FCA) Regulatory Sandbox. The Sandbox allows firms to test innovative products, services or business models in a live market environment, while ensuring that appropriate protections are in place. helps financial services organisations improve their customer onboarding experience by automating Identity Verification (IDV), Anti-Money Laundering (AML) and Know Your Customer (KYC) services was chosen following a rigorous process to meet the FCA’s suitability criteria. Learn More Now.
NorthRow (a Contego solutions business), the RegTech and compliance specialist, has been chosen by the UK’s Open Banking Implementation Entity (the ‘OBIE’), to verify its users in the European Union and the rest of the world. The move follows the successful implementation of verification processes for UK users, streamlining services for customers. The new partnership will see NorthRow verify users throughout the EU and the fast-emerging markets in Asia Pacific, including: India, the Philippines and Australia/New Zealand. Read the latest press release to learn more..