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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

Description

Banfico stands out as a reliable provider of open banking technology, delivering a range of scalable, secure, and regulation-compliant solutions specifically designed for banks and fintech companies. Our dedicated open banking API adheres to Financial Grade API (FAPI) standards and is compatible with major global frameworks, including Open Banking UK, Berlin Group, and STET. This robust enterprise-grade API prioritizes customer identity verification, authentication, and security, facilitating smooth integration with core banking systems while providing comprehensive solutions such as customer authentication and consent management. Additionally, the OB Directory serves as a compliant repository of standardized information regarding active regulated entities, linking to all National Competent Authority (NCA) registers and the European Banking Authority (EBA), with updates occurring in real time every two hours. Furthermore, Banfico's Modified Customer Interface (MCI) ensures a secure interface that aligns with Open Banking and GDPR regulations, allowing banks to swiftly and efficiently meet compliance requirements while reducing their overall costs. This comprehensive approach positions Banfico as an essential partner for financial institutions aiming to navigate the complexities of open banking effectively.

Description

Regulated companies leverage NorthRow to streamline their onboarding procedures while enhancing the efficiency of Client Due Diligence processes. Our client onboarding solutions are designed to not only elevate customer experience but also fulfill compliance obligations. By consistently monitoring updates in customer profiles, businesses can proactively address their regulatory risks. Our API-driven solution facilitates the effective remediation of existing customer portfolios, ensuring adherence to compliance standards. Compliance transcends mere checkbox exercises; making prompt and informed decisions regarding customers is essential for success. NorthRow’s SaaS platform empowers clients to access diverse data sets, enabling them to make smart choices about transactions and partnerships. Additionally, Open Banking represents a secure method for customers and small businesses to gain control over their financial information. Open Banking partnered with NorthRow to optimize its onboarding processes, recognizing our commitment to the secure management of customer financial data while setting industry benchmarks. Embracing these innovative solutions can significantly enhance operational efficiency and customer satisfaction.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

iProov

Integrations

iProov

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Banfico

Founded

2017

Country

United Kingdom

Website

www.banfico.com

Vendor Details

Company Name

NorthRow

Country

United Kingdom

Website

www.northrow.com

Product Features

AML

Behavioral Analytics
Case Management
Compliance Reporting
Identity Verification
Investigation Management
PEP Screening
Risk Assessment
SARs
Transaction Monitoring
Watch List

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