Baselayer is an AI tool for risk assessment and fraud detection. It gives identity insights so you can make better business decisions. In addition, there are automated tools available for Know-Your-Business, fraud, and risk management. This makes it easy to verify the businesses. The best thing about Baselayer is that it can understand the business�s legal history, web presence, and industry to prevent risks and fraud.�
In addition, you can streamline the review process by conducting automatic reviews of business processes. Lastly, it tracks updates from credit and banking authorities so you can optimize the portfolio.
Performance Score
A+
Detection Quality
Automated and accurate detection of risks and frauds
Interface
Slightly difficult for beginners
AI Technology
- Machine learning algorithms
- Predictive models
- Data optimization models
Purpose of Tool
Manage the KYP, fraud, and risk assessment for business streamlining
Compatibility
Web-based Interface, API access
Pricing
Not available
Who is Using Baselayer?
- Financial Institutions: They can verify the identity of business customers, assess creditworthiness, and detect fraudulent activities. Also, they can streamline onboarding processes and reduce the risk of loan defaults.
- Fintech Companies: They can assess the risk of borrowers and make informed lending decisions. Also, they can comply with regulatory requirements and protect against fraud.
- E-commerce Businesses: They can verify the legitimacy of sellers and protect buyers from scams. Also, it helps prevent fraudulent transactions and reduce chargebacks.
Risk Assessment
Banned Borrower Detection
KYB Streamlining
Portfolio Optimization
Fraud Evaluation
Proactive Updates Monitoring
Automated Business Verifications
Customizable Toolkit
Is Baselayer Free?
Baselayer�s website doesn�t specify information about pricing. However, they provide free consultation, so we recommend that you sign up for a consultation to get a quote.
Baselayer Pros & Cons
Use state secretary validation for business verification.
Predictive models to identify frauds and risks.
Automates business review processes for operational efficiency.
Manage and monitor the business portfolio.
Adapts to the business�s needs.
Complies with SOC-2 security standards.
Only suitable for businesses operating in the United States.
