Socure and Baselayer Collaborate for Advanced Business Identity Verification Solutions

Socure and Baselayer Join Forces for Enhanced Business Identity Verification

In a significant move for the digital identity verification landscape, Socure, known for its AI-driven identity verification solutions, has announced a strategic partnership with Baselayer. This collaboration aims to enhance business identity verification capabilities through the integration of Baselayer's high-fidelity fraud signals into Socure's RiskOS™ platform.

Innovation in RiskOS™

The integration marks a pivotal advancement in how businesses can perform Know Your Business (KYB) checks. By embedding Baselayer's extensive verification data, which aggregates signals from over 2,200 financial institutions, Socure is poised to enable its customers to onboard all legitimate business applications seamlessly. The partnership underscores Socure's dedication to creating a comprehensive partner ecosystem by allowing a variety of third-party data services to integrate into RiskOS™. Currently, the platform boasts over 85 pre-integrated services, designed for configurability and real-time workflows.

Johnny Ayers, Founder and CEO of Socure, emphasized the ambition behind RiskOS™, stating, "It was built to be the most open and intelligent decisioning platform. By integrating any system or service our customers rely on, we allow them to make precise risk decisions effortlessly and on a large scale." This integration aims to accelerate legitimate business onboarding while proactively mitigating fraud attempts.

Comprehensive Data Access and Early Fraud Detection

By leveraging the combined strengths of Socure and Baselayer, users of RiskOS™ will gain access to one of the most extensive datasets for business verification in the industry. This access is crucial for detecting fraud early, reducing false positives, and automating complicated KYB workflows. With this expanded intelligence, businesses can expect a rapid capture of revenue, improved compliance, and a streamlined experience for onboarding clients, whether they are traditional firms or individual sole proprietors.

Jonathan Awad, Co-Founder and CEO of Baselayer, shared insights into their mission: "Our goal is to simplify the fragmented landscape of business identity verification. By joining forces with Socure, we can contribute our insights to a leading decision-making framework that promotes smarter and more scalable risk assessments."

This partnership arrives at a time when the importance of effective identity verification solutions is on the rise. According to Liminal's 2025 Business and Entity Verification Report, both Socure and Baselayer are highlighted among the top 20 leaders steering the future of KYB verification. The report commended Socure's RiskOS™ platform for its capabilities in automation, flexibility, and comprehensive identity management.

Industry Impact

The implications of this partnership are vast and multi-faceted, reaching various sectors heavily reliant on business verification. In the banking and lending sectors, institutions can streamline their KYB and underwriting processes, leading to higher auto-approval rates and fewer instances of false positives. For FinTech companies and B2B SaaS platforms, the ability to integrate Baselayer's fraud detection signals into RiskOS™ workflows can help combat promotional abuse and prevent duplicate account creation.

Moreover, online marketplaces stand to benefit significantly by establishing efficient methods for verifying sellers and service providers at scale, while government agencies can expedite the vetting process for grants and contracts, all supported by unified business and Ultimate Beneficial Owner (UBO) verification through a single, flexible API.

Socure's Legacy and Future Direction

Founded to revolutionize the digital identity verification sector, Socure remains a leader in providing solutions that many enterprises and government agencies trust for managing risks associated with identity verification. The introduction of RiskOS™ not only enhances Socure's service offerings but also solidifies its position in a market that's increasingly concerned with fraud prevention and compliance.

With over 3,000 customers spanning various sectors including financial services, e-commerce, and government bodies, Socure continues to drive innovation and efficiency in how identity verification is approached. The partnership with Baselayer signals a promising future for businesses seeking reliable verification solutions, enabling them to scale operations confidently while minimizing risks in an ever-evolving threat landscape.

For more information on how Socure and Baselayer are transforming business identity verification, visit Socure's website and Baselayer's website.