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Backbase and Middesk Partner to Boost KYB Verification for Banks and Credit Unions
Oct 02, 2024•over 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.