ID-Pal, the award-winning identity verification platform, has announced its acquisition of Know Your Business (KYB) specialists NorthRow, in a strategic move to deliver a unified compliance intelligence solution for Know Your Customer (KYC), KYB, and Anti-Money Laundering (AML).

Since 2016, ID-Pal has delivered AI-powered KYC and AML screening innovation to organisations across Europe, the UK and the U.S. Its solution currently spans more than 250 jurisdictions, with coverage of over 16,000 document types and access to more than 400 trusted data sources. 

The acquisition adds native end-to-end KYB checks to the ID-Pal ecosystem, giving firms state-of-the-art tools to verify businesses and continuously monitor changes in their structure, directors, or status. By combining NorthRow’s verification solutions with its own award-winning capabilities, ID-Pal can now deliver one perpetual risk view on both individuals and companies. 

It also marks an important step forward in ID-Pal’s long-term strategy to deliver scalable AI-powered solutions built for tomorrow’s compliance challenges. Its new KYB offering will help organisations navigate complex compliance landscapes, adapting seamlessly to global regulatory changes using real-time data on company profiles, including ownership structures and financial health. 

ID-Pal’s acquisition of NorthRow brings financial service leaders like Caxton, Equifax and Hargreaves Lansdown into the existing ID-Pal global portfolio, which already includes government organisations such as the Irish Department of Justice, as well as Blackhawk Network, Zurich International, Mercer, U.S Bank and Elavon and a strategic partnership with Salesforce.

Speaking on the deal, Founder and CEO of ID-Pal, Colum Lyons, commented:   

“Alongside co-founders James O’Toole and Robert O’Farrell, ID-Pal was created to support businesses with accurate identity verification built on privacy preservation. As the financial services space becomes more regulated, and with AI-driven document fraud becoming the biggest threat our industry has faced, it is essential that businesses have a unified view of the risks ahead and how to manage them. Our acquisition of NorthRow allows ID-Pal to unify this process within one comprehensive platform that defends businesses against fraud at every entry point and avoids noncompliance fines.”

On the acquisition, Alana Parsons, Chief Operations Officer of payments company Caxton, shares: 

“Using NorthRow’s technologies, Caxton has seen first-hand the value they bring to compliance processes. This acquisition is a great step forward by combining their expertise with ID-Pal’s award-winning technology to create a powerful platform for the future. We’re excited to start working with ID-Pal and to benefit from the innovation in KYC and KYB risk intelligence that this partnership will deliver." 

With new UK reforms and the US Corporate Transparency Act raising compliance demands, continuous KYC, AML, and KYB monitoring is essential. Since most organisations find vendor onboarding challenging and sanctions a top risk, this acquisition helps onboard confidently and stay resilient.

For newly acquired Northrow, services and operations will continue without interruption under ID-Pal. A longer-term roadmap will bring the platforms closer together, enhancing value and strengthening the overall client experience.