End-to-end AML compliance for SME lenders
Provide a friction-free experience for your clients with digital onboarding and maintain compliance, allowing you to focus on growing your business.
How NorthRow helps SME LENDERS
KYC, KYB and due diligence FOR SME LENDERS
SME lenders are under increased pressure to deliver funds quickly, while maintaining compliance with AML legislation. Balancing the need to meet and, indeed, exceed customer expectations and delivering compliance is a real challenge. Lenders must adopt digital solutions to not only satisfy customer demand but also meet the needs of the regulators.
KYB for SME LENDERS
Know your business verification
Screen and identify financial and shareholder information, as well as UBO details for the most complex business structures within one single solution to provide a frictionless client experience and reduce abandonment.
Due diligence for SME LENDERS
Enhanced due diligence
Capture the information the regulators want to see and remove the noise of false positives. Our platform tracks, monitors and alerts you to any changes in international company structure, beneficial ownership, or directorships to ensure ongoing compliance to meet AML regulation.
"We need technology partners that share our values and truly understand our challenges. The flexibility of NorthRow’s platform enables us to deploy the right services for our business without compromising our control framework policies.”
Stuart Cronin, Head of Risk Operations
500k+ worldwide users
173 active countries
The easiest way for SME lenders to meet AML requirements is to use WorkStation for digital verification and ongoing monitoring.
WorkStation verifies, screens, manages the results, monitors, and provides a record of all transactions for audit purposes. As a single platform it delivers all your KYC, KYB and ongoing monitoring in an intuitive end-to-end solution.