For Enterprises and Corporations
Millions on firewalls, endpoint protection, and zero-trust architecture — but the wire itself is still verified by phone and email.
The Problem
Ask your CISO about wire transfer security and the answer is "we call to confirm." BEC attacks succeed because the payment process was never inside the perimeter to begin with.
The Basefund Approach
Counterparties confirmed against independent sources, accounts checked before release, and every outbound wire insured — the one layer your security stack has been missing.
Capabilities
Outbound wires are held until the recipient's identity and banking details are confirmed against independent records -- closing the gap that BEC attackers rely on.
Maintain a verified vendor registry with validated banking credentials. Any change to payment instructions triggers automatic re-verification.
Each wire individually insured at verification. If an attack bypasses detection, coverage activates automatically.
RESTful APIs slot into your ERP and TMS. Verification becomes part of your existing approval workflow — no new portals to learn.
Real-time view of which payments are covered, where exposure remains, and how your wire security posture tracks quarter over quarter.
Basefund meets the security and compliance standards your procurement and InfoSec teams require. SOC 2 Type II certified.
Verified, insured wire transfers — without changing your existing workflows.