During the expansion of our product range at Basiq, we looked at what other use cases were possible using our account verification solution. One that stuck out to us was insurance payouts, what if insurers could payout their customer claims knowing that the connection is 100% secure with the user verifying their identity through their bank account? Better yet, what if they could also verify the payments in their claim such as tow trucks, by verifying those very transactions via their bank portal inside the insurer's app?
