BASIS ID: Providing Budget-Friendly Online Identity Verification Software Solution

Businesses these days need to screen their customers to prevent incidences of money laundering and fraud. Therefore, setting up an efficient AML compliance program is a must. Such a compliance program can be made stronger and robust with the help of an online identity verification software that has advanced screening features. An identity verification software will help businesses prevent suspicious identities and accounts from bypassing their safety regulations. An identity verification software must be able to screen identities against data from government databases and law enforcement agencies. So, if you are setting up an AML compliance program for your business, then you must get an identity verification software. BASIS ID is a leading company that has developed an advanced and tech-driven identity verification software. 

BASIS ID is amongst the leading companies that have developed the best in class identity verification software that will help businesses keep money launderers and fraudsters from breaching their safety regulations. The company was established in 2017 with a vision to equip each business with the finest identity verification solutions. As a business entity, finding identity verification software that falls in your budget and provides the highest quality features can be a daunting task. BASIS ID recognizes the same and is trying to bridge the gap between high-end and affordable software products by providing a budget-friendly identity verification software that works wonders.

The software provided by the company offers personal data management tools for identity verification, biometrics, and screening. The software also provides adverse media screening, PEPs, sanctions, and watch list screening solutions. In addition, the software also provides fast integration as a widget or an API. This provides greater flexibility and customization to the business. BASIS ID identity verification software provides you compliance with regulations such as GDPR, BSA, FATF, and more. The software also gives screening of identities across 230 countries with access to almost 42,000 databases.

Custom blacklists, ongoing and periodic screening,due diligence, and more are some of the features you will get with BASIS ID verification software. Carrying out the identity verification in a few minutes, the verification software from the company must be your preferred choice.

BASIS ID has developed this identity verification software with the expert knowledge and experience of its professional and certified team. The company has established itself as one of the leading identity verification companies in the market with their dedication and diligence to provide the finest solutions. Contact them by sending them a direct message through the website.

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

Comments

Post a Comment

Popular posts from this blog

BASIS ID: Get the Fastest AI Technology for KYC Verification

Image
The banking and the financial sector need quick processing tools as in such sectors one has to deal with multiple customers in a day. Maintaining and tracking information of each customer in the systems is important to make sure that in the future there are no troubles in accessing their banking details. Most of you are aware that when you have to make a new account of a customer in your bank or financial institute, you need the customer KYC application form to complete the formalities and verify their information. This verification process is lengthy and can take up more time and keep your customers waiting. Therefore, you need a next-gen solution powered by artificial intelligence. BASIS ID offers you excellent id verification software that is completely based on AI. The processing time of the software is in seconds. You can see it yourself by requesting a free demo from the professional team at BASIS ID.  When most people look for artificial intelligence software for KYC verifi...
Read more

BASIS ID: A Trusted Identity Verification Software Company

Image
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 ...
Read more

Know Everything about KYC/AML Process at One Place

Image
Do you know what the top priority of every industry or organization is inthe 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 p...
Read more