We're excited to announce our most significant platform update ever: Secure Transactions.
Basefund now evolves beyond Secure Closings to provide access to a comprehensive transaction management system supporting closings, one-time transactions, ongoing transactions, and transfers.
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✨ What's New for You Today
Secure Transactions enhances the existing Basefund experience with:
- 360° Transaction Protection: A completely redesigned interface with a dashboard overview, transaction list, and detailed single transaction views, providing unparalleled visibility into your flow of funds
- Streamlined Operations: Your contacts, documents, and approval processes are unified in one secure command center
🔒 Why This Matters to Your Organization
The most vulnerable moment for your funds is when they're in motion:
- Funds in transit typically lack insurance protection
- Wire transfers can't be recalled once executed
- Human verification is no longer enough to outpace fraud threats
Secure Transactions closes these gaps, giving you comprehensive protection and complete visibility.
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🚀 Coming Soon: An Even More Powerful Transaction Platform
Get ready for these powerful new capabilities coming to Secure Transactions in the weeks ahead:
- Dynamic Identity Validation: Adaptive identity validation so you can be sure that every transaction participant is who they say they are.
- Required Documents: As a coordinator of Secure Transactions, deploy required documents for participants of your transactions to complete as part of their pending actions.
- Transaction Insurance: Comprehensive coverage specifically for funds in transit, providing financial protection where cyber insurance lacks
- Embedded Banking with FBO: Open up a transaction account and conduct your transactions from an account embedded natively into Basefund—the ultimate visibility and reconciliation for transactions.
🎯 Take Action Now
Basefund accounts have already been enabled with Secure Transactions.
Start protecting your money in motion: