There are several updates that differentiate 5th Money Laundering Directive (5MLD) from the 4MLD, one such difference is the definition of what actually constitutes as a Politically Exposed Person (PEP). Learn more.
Given the importance and complexity of the compliance for client onboarding, regulated firms may want to do perform the process in-house. However, Matthew Law, Chief Technology Officer of NorthRow offers advice on what firms should looking for when considering a potential compliance technology partner for client onboarding. Learn more.
Regus needed to implement a robust customer on-boarding solution that would be fast enough to meet customer demands but also secure enough to ensure that all compliance requirements were met or exceeded. By partnering with NorthRow, we have achieved peace-of-mind in performing routine checks when welcoming new customers. Read the latest blog to learn more.
Manual, cumbersome and drawn-out client onboarding processes require multiple communications with the customer to collect and verify different identity documents. The result? Poor client experience, a high attrition rate, lost revenue and dissatisfied customers. In this new digital environment, clients expect a seamless onboarding journey and their patience for the time-consuming nature of traditional onboarding processes is fading fast. Read latest NorthRow blog to learn more.
NorthRow are pleased to announce we will be exhibiting at the of the Global RegTech Summit; come by booth 2 on the exhibition floor and meet our NorthRow representatives, who have considerable experience in helping financial companies streamline client onboarding, increase efficiency, reduce risk whilst helping to ensure they meet their compliance obligations. Learn more.
Innovate Finance Global Summit (IFGS), the world’s biggest FinTech event, is taking place on 29th-30th April next in the historic setting of the Guildhall in London. The conference will bring some of the world’s leading financial services institutions together with start-ups, policymakers and investors to share ideas and potential solutions some of the most pressing challenges facing the sector.
University of Brighton turned to NorthRow for an automated document verification solution which would check, authenticate and retain student’s documentation whilst establishing their Right to Study in the UK. NorthRow provided a more efficient means of scanning and retaining passport and visas documentation. Learn more.
Estate and lettings agents are under increasing pressure to implement risk mitigation strategies to ensure they are compliant with AML and Right to Rent regulations. NorthRow offers leading estate agents in the UK the ability to leverage cutting- edge technology to automate AML, KYC and IDV checks, streamlining the client onboarding journey. Learn more.
The Department for International Trade (DIT) has accepted NorthRow to join their UK trade mission to Amsterdam. NorthRow was selected along with leading UK FinTechs including Currency Cloud, Cube, OakNorth and Clause Match. The mission is taking place from 13th-14th of March and will take place in Amsterdam’s main financial hub, Zuidas. Learn more.
There is still a great deal of confusion surrounding the client due diligence process.One area that causes the greatest confusion relates to the 4MLD approach to Politically Exposed Persons (PEPs) and Sanctions checks on individuals and entities. The following represent 7 main misconceptions relating to PEPS and Sanctions Compliance. Learn More.