Reduce telecoms fraud and ensure KYC verification
Provide a friction-free experience for your clients with digital onboarding, whilst maintaining compliance, allowing you to focus on growing your business.
How NorthRow helps telecoms firms
Reduce risk of SIM card fraud
Use biometric facial recognition to onboard new customers quickly and safely, ensuring the customer is who they say they are.
Target payment scams head on
Robust KYC processes that protect mobile operators and telecoms firms from being used for money laundering and terrorist financing.
Powerful identity verification
Staying ahead of your competitors with fast onboarding whilst protecting your business, will support your business growth.
Ensure your reputation is solid
Meet compliance regulation to avoid reputational damage to your company's brand and avoid hefty fines that can be imposed.
KYC, KYB and due diligence for TELECOMS FIRMS
Protect your telecoms firm from financial crime
Telecommunications companies are increasingly finding themselves vulnerable to fraud. Activities can include SIM card fraud, payment scams and fake identities. With fraudsters hiding their wealth or financing illegal activities, telecoms companies must act on money laundering and fraud activities now.
KYC checks for telecoms firms
Know your customer identification
To combat increasing levels of fraud within telecoms, mobile operators must look to ensure identity verification when onboarding customers. WorkStation, our AML software delivers automated KYC from anywhere and reduces time-consuming, inconsistent, resource heavy manual checks.
ID&V for telecoms firms
Identity document verification
WorkStation uses verification data from leading sources to ensure telecoms businesses reduce their chance of approving fraudulent documents. With ongoing monitoring that provides real-time updates and alerts, telecoms businesses can be confident in fighting the war on financial crime.
KYB for telecoms firms
Know your business verification
Improve the average onboarding time of your business customers from days to hours, and reduce abandonment rates. A frictionless experience from one single solution delivers complete KYB verification.
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"By partnering with NorthRow, we have achieved peace-of-mind in performing routine verification when welcoming new customers."
Michelle Valentine, UK Operations Director
Regus
Why NorthRow...
500k+ worldwide users
173 active countries
99.99% uptime
Whilst telecoms companies are not regulated for KYC and AML, they do have a moral obligation to fight the increasing levels of telecoms fraud. Customers are reassured by companies that take measures to protect them, and combat fraud and other forms of financial crime.
Stay ahead of your competitors and take a stance to combat crime with NorthRow’s automated digital verification solutions.
KYC and KYB screening
Facilitate the complexity of compliance and reduce risk when onboarding new clients by verifying their identity and screening against sanctions lists.
Case
management
Manage each individual and company with our simple case management solution, view results and set alerts where action is required to ensure due diligence.
Remote identity verification
Simplify ID&V with an easy-to-use case system which allows you to organise, update, and store information securely, and in line with GDPR and data protection regulations.
AML compliance
Keep track of your clients’ risk status using our RAG system and be alerted to any relevant changes, ensuring you meet ongoing AML compliance.
Ongoing monitoring
Automated alerts notify companies and individuals of risk profile changes, so you can keep tabs on political exposure, sanctions or adverse media.
Remediation
Improve efficiency with a risk-based approach to remediation and data collection processes minimising the administrative burden placed on your team.
Ready to get started?
Book your free demo of our comprehensive telecommunications AML software today.