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Backbase and Middesk Partner to Boost KYB Verification for Banks and Credit Unions

Oct 02, 2024over 1 year ago

Contract Type

partnership

AmsterdamFinancial Services

Description

Backbase and Middesk have formed a partnership to streamline Know-Your-Business (KYB) efforts, providing financial institutions with access to real-time verification data sourced from various databases to reduce fraud and ensure compliance with regulatory requirements.

Company Information

Company

Backbase

Location

Amsterdam, North Holland, Netherlands

About

Backbase enables banks to break free from the constraints of legacy IT systems and embrace a new-generation engagement banking platform. Our whitelabel platform enables banks to gradually replace or decompose disparate legacy systems and construct a modern journey orchestration architecture around customer needs. These incremental changes allow banks to streamline business critical customer journeys across all touch points while eliminating silos and empowering both customers and employees at their unique pace and priority.

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