BASIS ID

In many businesses today, the importance of verifying data is very important. You must be thinking why? The answer is very simple. The people can have fake and stolen Ids and if not verified, the chances of fraud cases can constantly get higher and therefore you need the help of ID verification software .There are IT engineers who have developed amazing software that can make your job easy. But which is the best out of all? You should check out BASIS ID for getting the perfect solutions. The company was formed in 2017 and offers identity verification software services to many enterprises across the globe. They work for various banking organizations and are also eager to provide the best customer onboard services to companies at the best price. The company is certified MasterCard’s partners and has already helped multiple users with their software. Their software is most valuable for personalized data of your customers and so you should have absolutely no doubts about

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

Rapid digitization of companies and organizations has changed the way they interact with their customers. Nowadays most of the companies are not interested in having hour-long meetings with their customers to validate their identity. But even then, verifying identity remains an important aspect of a successful transaction between the company and the customer. Remember the days when you would go to the bank with all your paperwork to verify that you are the rightful owner of the account? With rapid digitization, you don’t need to do that anymore. Instead, most financial institutions and banks are using online identity verification to verify their customers old and new alike.  Not just financial institutions but several other companies such as Airbnb are using an online identity verification process to validate the owners of the houses. Why do you think most companies these days prefer online identity verification? The main reason is that it saves them a lot of ti