Baselayer represents a significant leap forward in the realm of business identity verification, risk assessment, and fraud management. By harnessing the power of artificial intelligence, Baselayer offers a comprehensive platform that automates and streamlines the traditionally cumbersome processes of Know Your Business (KYB), risk evaluation, and fraud detection. This innovation not only enhances operational efficiency but also sets new benchmarks in the accuracy and reliability of business verification processes.
At the core of Baselayer's offering is its ability to provide instant verification for any business in America. This is achieved through state secretary validation, IRS/EIN matching, sanctions screening (including OFAC and PEP), and the detection of business officers and registered agents. Such capabilities ensure that businesses can quickly and accurately verify the identities of their partners or clients, significantly reducing the time and resources spent on manual reviews.
Moreover, Baselayer's advanced AI algorithms are designed to navigate the complex landscape of risk and fraud indicators. By evaluating a borrower's industry, legal history, and web presence alongside revenue and transaction projections, Baselayer sharpens the risk assessment process. It also detects banned borrowers from other financial institutions, uncovers credit stackers months in advance, and exposes synthetic identity creators, thereby providing a robust defense against fraud.
The platform's manual review automation feature further empowers businesses by pinpointing which entities require attention, thereby reducing manual reviews to as close to zero as possible. Additionally, Baselayer's portfolio monitoring capabilities allow businesses to stay proactive by monitoring updates from the Secretary of State and banking or credit applications, optimizing portfolios using real-time indicators for fraud, churn risk, and credit stacking.
Baselayer's value proposition is further enhanced by its proprietary data and advanced machine learning models, which are continuously trained with millions of business applications. This ensures that Baselayer remains ahead of evolving fraud tactics. The platform's bespoke and customizable solutions allow businesses to either dive into the comprehensive suite or tailor individual solutions to amplify existing fraud, KYB, risk, and portfolio monitoring systems.
Security compliance is another cornerstone of Baselayer's offering, with SOC 2 Certified Systems ensuring rigorous adherence to industry best practices. This commitment to security safeguards data through every layer of Baselayer's infrastructure, making compliance an integral part of its operations.
Finally, Baselayer's fast and easy implementation process, whether through the Baselayer Dashboard or its developer-centric API, ensures that businesses can quickly integrate Baselayer's solutions into their operations. With a dedicated implementation team ready to assist, Baselayer promises a smooth integration process, enabling businesses to unlock the future of business identity fraud risk monitoring with unparalleled efficiency and clarity.
