BASIS ID

Okay, so let us ask you one thing straight - what is that one thing that has become the greatest threat to financial institutions? It is money laundering. That’s right! Therefore, it becomes very important for you to know your customers if you are working in the financial sector. You will be surprised to know that each year the amount of money laundered is nearly 6% of global GDP? And this is a very huge amount. Therefore, it becomes very important for you to use the right kind of software to keep your institute protected from the money launderers because even if unknowingly you are working with a criminal, you have to pay a huge penalty.

Worried? Don’t be, because you can stay away from serious criminal activities with the help of an AML compliance program. AML stands for anti-money laundering that is especially designed for the financial sectors so that they can easily increase the productivity and decrease the number of fraudulent activities that are prevailing in the world. So, if you want to detect suspicious activities and know about the risk, find a trusted platform that offers AML services.

Are you confused about where to find the right AML KYC service provider? Don’t be because BASIS ID has got your back. It is a trusted company that was started in 2017 with an aim to offer better protection services to the financial institutions. You will be glad to know that since the time this company has started, it has helped several userswith its amazing and incredible solutions.

Still not sure whether you should take AML/KYC software from BASIS ID or not? Well, you should. Why, you may ask? It’s because this company is also the winner of Slush and Finnovasia. Furthermore, this company has its presence in many countries like Estonia, Singapore, Sweden, and Switzerland.

Are you looking for something more? Here are some more convincing reasons why you should only select this KYC service provider. BASIS ID performs the verification with maximum speed so that you can get the result in no time. The platform also offers a dedicated account manager that you can contact in case you need help. And lastly, BASIS ID supports full compliance and offers amazing consulting services. If you have any further questions about how BASIS ID works or any other thing, you can check the website of this platform.

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

Original Reference: https://bit.ly/3fQnjbn a

Nowadays, most companies offer their services through an online platform to reach more potential customers. Although this has offered companies a chance to interact with their customers effectively, it has also made them fall prey to customers with fake identities. This is most applicable for financial institutions and banks where verification of the identity of the customer is important. Previously, most of these institutions use to carry out a long paper procedure to verify their customers. This made the whole process complicated and time-consuming. The constant push to go paperless and fast customer verification gave rise to a new breed of software known as online identity verification software. These software products are built to verify the identity of customers in just a few seconds without using paper. Customers can upload their documents on the software portal and get verified.

Now, most such online identity verification software claims to provide the best services in the market but not all stand true to their words. Therefore, you must consider a few key points before purchasing such software.

· Choose a customer verification software that has a responsive design that works on any screen. This will help the customers access the software from anytime anywhere on any device.

· Choose efficient customer verification software that uses authentic data sources. If the software is using multiple databases, then rest assured you will get increased accuracy and precision.

· Make sure to choose the software that gives high priority to maintaining the privacy of customer data. The software provider mustn’t share such data with third-party affiliates.

· Choose software that has enhanced fraud detection such as identifying damaged or tampered photographs or documents.

BASIS ID is amongst the very select few companies that offer an online identity verification service that fulfills the aforementioned points. The company offers outstanding customer verification software that can be used to verify your customers in a few minutes. With an advanced level of fraud detection, the software provided by BASIS ID can easily identify fake or tampered documents. The software uses the latest and updated databases such as OFAC, UN, HMT, and more for matching the profiles accurately. The software uses the latest technologies such as AI, biometric facial recognition, and screening solutions. Contact BASIS ID now and equip your business with the best identity verification software on the market.

About BASIS ID:

BASIS ID is a prominent company offering advanced and innovative KYC software solutions.

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

Original Source: https://bit.ly/391IDYU 

Do you work in the financial sector? If yes, here is a question for you - do you know your customers? If you don’t then you must change the way you work because if, in case, you are working with a money launderer unknowingly, not just will you have to pay a huge fine but your reputation will also get damaged. Do you know that according to a survey it has been found that each year the estimated amount of money that be being laundered is nearly 3 to 6%of the global GDP? That’s why it is very important for financial sectors to use the right kind of identity verification software so that they can keep themselves protected from the increased criminal activity.

Not just money laundering but there are many other types of criminal activities that have become a matter of concern of numerous financial institutes. But don’t worry because you can easily keep yourself away from all these frauds simply by taking the help of popular KYC/AML verification software. When you will have a better and effective AML framework you can easily make international transitions and improve your productivity. For this, you can get in touch with BASIS ID, a leading company established in 2017 with an aim to offer KYC software solutions to financial institutions and banks.

This company works with a team of skilled and experienced professionals who design amazing identity software because they believe that identity is not an obstacle but a tool that you can use to offer better services. Of course, there are many other companies in the market that claim to offer better KYC software but the reason you should only work with BASIS ID is that it verified millions of users within a short span of time and it can help you save a lot of money. How? Well there is no need to create a new profile for those users who have already come to the client company. Isn’t it amazing? Indeed, it is but there is something more about this company that you are going to like.

BASIS ID is also a proud winner of Slush & Finnovasia and within four years this company has established its presence in many countries like Sweden, Singapore, Estonia, and Switzerland. Still thinking about whether you should take adverse media screening services from BASIS ID or not? Well, you should as when you work with them, there will be no imposition of packages and everything will be carried out taking into consideration, your area specific regulations. 

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

Original Reference: https://bit.ly/30EhCsl 

Do you work in the financial sector? Are you looking for a better way to deal with the problems that this sector regularly faces? Well, then you are in the right place because in this post we are going to talk about how online identity verification software solutions can help you stay safe. Indeed, financial institutions are one of the fastest-growing sectors in the world but there is this one thing that has become a matter of concern for several financial institutes and i.e. the increased financial crime rate. Talking about financial crime, money laundering is one of the major threats and the sad thing is that this criminal activity has increased tremendously in the past few years.

Besides money laundering, there are many other types of crimes that take place in the financial world. That’s why it has become very important for the financial institutes to use ID verification software so that they can protect themselves from increased criminal activities. But the question is how are you going to find the best company that offers the most amazing KYC/AML verification software? Well, you can either take the help of the Internet and find the right company or you can simply get in touch with BASIS ID.

It is a trusted company that was started in 2017 with an aim to offer excellent KYC verification solutions so that the financial institutions can stay safe. From the time BASIS ID was started, it has already verified more than 1.500.000 users till now. Isn’t it amazing? And that is not all. There is something more about this company that you are going to like. You will be amazed to know that that BASIS ID is the winner of Slush & Finnovasia and is also Mastercard’s partner.

If you think that you need a better way to deal with the increased threats, you can always rely on BASIS ID as this company prevents you from losing your customer. Still thinking about whether taking an identity verification service from this leading company is a good idea or not? Well, it is. Why? Because BASIS ID completes the identification within minutes.

Also, the professionals at this company always work hard so that they can offer you better services at the best prices. Not just this but the customer care service of BASIS ID is also always there to help you. So, stop using the outdated KYC/AML solutions and change your business with advanced technology.

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

Original Reference: https://bit.ly/3fmR7fZ