Zoot Enterprises, a provider of advanced origination and decision management technology, announced a partnership with Baselayer, the leading Risk and Identity Infrastructure platform. The integration brings Baselayer’s real-time Know Your Business (KYB) verification and fraud intelligence capabilities into the Zoot platform, expanding the business verification tools available to financial institutions.
As fraud becomes more sophisticated and business verification requirements continue to evolve, financial institutions need tools that help them move quickly without sacrificing risk oversight. By combining Baselayer’s business verification capabilities with Zoot’s real-time decisioning platform, financial institutions can reduce manual verification with automated business intelligence, helping move legitimate businesses through onboarding more efficiently.
“Our customers rely on Zoot to bring together the technologies they need to build smarter, more efficient workflows,” said Casey Ferguson, Director of Marketing at Zoot. “We’re excited to partner with Baselayer to expand the business verification solutions available through our platform and give customers another trusted solution for business onboarding and risk assessment.”
Through integration, financial institutions gain access to Baselayer capabilities, including:
- Proprietary matching algorithm
- Live access to authoritative government data
- Identity and credit risk scoring
- Purpose-built KYB agents
- Business Identity Network
- Largest B2B Fraud Consortium in the U.S.
“Financial institutions lose good customers to slow, manual checks and still miss fraud hiding in outdated records,” said Jonathan Awad, Co-Founder and CEO of Baselayer. “Baselayer verifies and risk-scores any U.S. business in seconds with real-time government data, our identity network spanning 2,300 banks and payments companies, and the largest B2B fraud consortium in America. We are excited to partner with Zoot to help financial institutions approve good businesses faster, with confidence.”
Together, Zoot and Baselayer enable financial institutions to unify business verification, fraud intelligence, and real-time decisioning into a single workflow, helping organizations balance speed, efficiency, and risk with trusted data and intelligent automation.
About Baselayer
Baselayer is the leading Risk and Identity Infrastructure platform for more than 2,300 financial institutions, Fortune 500 companies, and government agencies as they onboard and underwrite businesses, consumers, and the agents they deploy.
For more information, visit the Baselayer website