BASIS ID

The world is coming closer day by day, and you must thank the innovative scientists and engineers who are inventing technology that is making all this possible. With innovation, there is always a risk associated. Today, the banking sector is offering so many benefits to its customers and employees, but what they always fear is coming across people who can conduct misleading activities and tarnish the image of the organization. Therefore, you must have observed that id verification software tools are hugely in demand and whether it is an office or a banking sector firm it has become necessary to invest in such software in order to keep a track record of people you offer services to and to know about their identity.

BASIS ID is a promising and growing company that has created software and tools that make your job of verifying people easy. They have come up with the fastest KYC verification tool that gets the task completed with great accuracy and within very less time. They have been supplying their KYC and AML solutions to big and small companies across the world. They offer you solutions that are automated so that you can focus on other important tasks that can grow your business and help you to restrain your customers. Usually, the customer becomes impatient when identity verification software takes longer to complete the process. It also takes a lot of your time, because long and interrupting procedures require you to start the process from the beginning again.

But when you trust BASIS ID for getting your identity verification solution, you can expect simply the fastest, best, promising and committed solutions. With BASIS ID it is not like you have to adjust with the solution that is being offered to you. They give you a customized solution that can cater to your needs in the best possible way.

If your business requires limited features of KYC verification software, BASIS ID will make sure you get what you need. There is no point where you would have a feeling of dissatisfaction when you choose BASIS ID over other companies in the world. They are a bunch of dedicated engineers and developers who believe in changing the world with their unique and result giving solutions. If you find interest in their products and services and want to know in detail what it can offer you, kindly refer to their webpage or get in touch with the customer support representatives to get answers to all your questions.

For more information, visit https://www.basisid.com/

Original Reference: https://bit.ly/3obYETi
 

Most financial institutions and banks want to implement an efficient AML compliance program to increase the security of online transactions. Not just the financial sector, but several companies from non-financial sectors also find the need to employ a strong AML compliance program. For example, certain gaming companies will be next in line to implement this program to reduce the risk of fraud.

One of the most important elements of a robust AML compliance program is its ability to verify the identities of the customers of the organization. And that’s where the AML id verification software comes into play. Now, when you look at the market, you will find numerous such software solutions with advanced features claiming to provide an efficient id verification process. But not all of them stand true to their claims.

It has been observed that most of these software products deteriorate the quality of user experience. With a lengthy and complicated id verification process, most customers deter from finishing the process. This results in companies losing out on potential and long-term customers.

To combat this problem, there was a dire need for an id verification software that enhances the user experience and motivates them to complete the process. This issue was identified by BASIS ID, a leading AML KYC service provider that came up with an innovative and strong customer id verification solution.

BASIS ID started providing this excellent customer id verification software in 2017. The company is an innovator in personal data verification and data analysis. The professional, certified, and experienced team of this company is diligent and provides the finest customer id verification services worldwide to financial and non-financial companies.

The software provided by BASIS ID stands apart in the market for several reasons. The software offers fast integration, transparency, and automatic KYC/AML verification. The software offered by this KYC service provider uses advanced and robust technology such as facial recognition, biometrics, 3D face modeling, and more. Another unique feature of the BASIS ID software is the flexibility of integration through API or a widget.

BASIS ID software also has an excellent data aggregation capacity. The software provided by the company can integrate numerous data sources such as state e-IDs, local databases, and the client’s database, and more. Currently, the software provided by the company can id customers across more than 42,000 data sources through fuzzy matching.

So, make the customer id verification process smooth with BASIS ID. Get in touch with them now.

For more information, visit https://www.basisid.com/

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Do you know what the top priority of every industry or organization is in the financial sector? Yes, of course, the protection of financial assets. But there is something else that also requires the same attention and security. Do you know what we are talking about? Well, you can take a wild guess? Well, it is enhancing the user experience and at the same time making sure that they don’t fall prey to frauds while making online transactions.

That’s why banks and other organizations in the financial sector have started using innovative solutions like online identity verification software. This verification software is specially designed to enhance the security so that the cases of money laundering can be reduced. If you also wish to do the same, you should definitely invest in a good and powerful verification software solution.

Since you have an idea of what KYC software is, let’s check out its process. So keep reading because here you will know about the KYC/AML process.

● Customer profiling: When you run a financial organization, you have the right to reject a certain group of people. This rejection can be done on the basis of their geographical location, criminal activity, or past records.

● Customer identification: To identify your customers, you will need their personal data. Like proof of address, birth certificate, identity document, income document, and other things.

● Risk-management: This amazing verification software also helps you to give a risk score based on the transaction history and other things.

If you are ready to get KYC software solutions to enhance the experience of your users and decrease frauds, you can contact BASIS ID. It is one of the few companies in the market that is very serious about offering powerful and cost-effective verification software. This amazing company has been in the business since 2017 and works only with the professionals.

From the time BASIS ID was started, it has never disappointed any of its clients with its amazing solutions. The most interesting thing about the KYC/AML solutions offered by BASIS ID is that they offer different features like facial recognition, 3D face modeling, biometrics, and more. So, what are you waiting for? Get in touch with BASIS ID now and know more about the solutions.

About BASIS ID:

BASIS ID is a trusted company that you can contact to get adverse media screening solutions.

For further details, visit https://www.basisid.com/

Original Reference: https://bit.ly/3o8CvFb
 

How are you verifying the identity of your customers since everything has become online and you cannot see them face-to-face? Or what’s your master plan on protecting your financial institute from thefts and money launderers? Have you got any idea? If not, don’t worry because we have found a robust and powerful tool that will help you. If you don’t want to spoil your user’s experience, you should start using an identity verification service.

This software is specially designed for financial sectors so the identity of customers can be verified easily and quickly. That’s why identity verification software is used by many banking and financial institutions. Since identity verification is so important, both legally and for the general security of your business, you cannot just choose any KYC vendor. If you want to get the most amazing experience that is worth your time and money, follow these steps and find the most trusted service provider in no time.

● Service coverage: If your financial company is operating globally, you cannot partner with a KYC provider that has a limited reach. If you want each of your customers to get a smooth experience, choose a provider who has direct access to local registries.

● Demo: Every company wants to sell its products so it promises various things at first. But you can always ask for a demo to understand the authenticity of the company. So remember to always test everything before you go ahead.

● Data storage: Each country has some rules and regulations. For example - Australia, India, and Russia have data localization laws. This means that if you are dealing with customers of these countries, the data should be kept within the boundaries. So, choose a provider that can help you with such rules.

If there is one company that you can totally trust for KYC/AML services, it is BASIS ID. It’s a leading KYC service provider that ticks all the aforementioned boxes and is serious about offering cost-effective and efficient solutions. The company was founded in 2017 with an aim to offer the most amazing KYC/AML services to the financial sector.

One thing that makes BASIS ID better than others is that this company never compromises with the quality and offers custom solutions and integrations too. Not to mention that BASIS ID is also the winner of Slush and Finnovasia. So, what are you waiting for? Contact this outstanding company today.

About BASIS ID:

BASIS ID is a leading AML KYC service provider that you can contact.

For further details, visit https://www.basisid.com/

Original Source: https://bit.ly/3bXzaDk

The advent of the Internet and its advancement over time has drastically changed the way we interact with the world. Starting from procuring daily utility items to making online transactions, every activity involves the use of the Internet. Banks and fintech firms are the biggest users of Internet services for making monetary transactions easy through online operations.

But the major struggle facing such companies is complying with the legal requirements to ensure a secure transaction process. This usually involves a customer id verification step for efficient onboarding. Though customer id verification is an important step, it might affect the user experience. Most AML id verification software solutions complicate the process which makes the customers abandon the process in the middle. The customer id verification process provided by current tools is lengthy and time-consuming, thus, deteriorating the quality of user experience. Hence, most businesses lose potential customers.

This trend must change, and it will happen only when robust and advanced tools are developed that are easy to employ without affecting the quality of user experience. This need for a tech-driven affordable AML verification tool which makes the customer onboarding process simple and efficient was identified by BASIS ID.

BASIS ID is amongst the very select few companies in the market that are serious about rolling out an efficient yet cost-effective id verification software. The company was established in 2017 with a vision to enhance the quality and safety of online transactions by providing a robust tool for id verification. The company has maintained a team of professionals who are certified and qualified to provide excellent id verification services across the globe.

BASIS ID KYC/AML solution provides automatic verification, transparency, high conversion rate, and fast integration. The solution uses advanced technology such as biometrics, facial recognition, 3D face modeling, and more to verify the authenticity of the identities under a few minutes. This outstanding compliance solution covers more than 42,000 databases for verification of identities using fuzzy matching. The excellent solution is easy to integrate into the form of a widget or as API integration.

With the BASIS ID KYC/AML solution, a business can reinforce its security walls and identify any potential financial threat. So, if you are looking for an efficient online KYC check to prevent your business from financial frauds, you must contact BASIS ID now. Having provided their excellent services to banks across the globe, BASIS ID would be glad to help you strengthen your AML compliance program too.

For more information, visit https://www.basisid.com/

Original Source: https://bit.ly/3hsOOI6