The Crucial Role of Background Verification In today’s dynamic work environment, ensuring the safety, security, and integrity of the workplace is more critical than ever. One of the most effective ways to achieve this is through comprehensive background verification of employees. This process is not just about ticking a compliance box; it is about protecting […]

Digital Address Verification matters,White-collar or blue-collar The need for accurate and reliable address verification ranges from ensuring security to maintaining accurate employee records to smooth deliveries.  A verified address is more than just a set of characters; it’s a crucial piece of information that underpins trust, efficiency, and security. The Need for Digital Address Verification […]

https://timesofindia.indiatimes.com/city/delhi/fake-neet-candidates-promised-3l/articleshow/109929028.cms The scourge of impersonation spans almost every aspect of academics and employment. From college exams to company assignments and interviews, the rot runs deep. Every piece of news like the one above reiterates the fact that it is not only widespread but is also a lucrative business for unethical individuals. And as the adage […]

Did you know that more than $4.7 trillion was lost annually to occupational fraud worldwide, according to data in Occupational Fraud 2022: A Report to the Nations, released by the Association of Certified Fraud Examiners (ACFE) (https://www.acfe.com/about-the-acfe/newsroom-for-media/press-releases/press-release-detail?s=2022-RTTN-launch). Occupational fraud, or frauds that are committed by individuals against their employers, affects organizations across geographies, categories, and company sizes. […]

Deepfakes and the harnessing of AI for nefarious uses is on the rise. While deepfakes are usually discussed with regard to politics, the impact can be in the everyday, and is only going to become more widespread. For example, news items (and fact checks) like the following news item will become more common. Fact Check: […]

In today’s fast-paced digital landscape, businesses are constantly seeking ways to increase revenues, improve customer acquisition, and expedite the onboarding process. In a world where technology is ruling, AI is trending and ChatBot is becoming tools of the modern age, KYC process and customer onboarding methods have also evolved and turned themselves into a digital […]

Introduction Hiring the right candidate is decisive for any organization’s success. Remote working opportunities and virtual hiring have increased the possibility of interview fraud. Writer Shivangi Singh on LinkedIn notifies that the recruiting team estimates 15-20% of candidates appearing in the interview are dishonest in the way they present themselves. Additional shocking statistics from an […]

Universal Account Number (UAN) Verification When embarking on the journey of Employment Verification as a background verification company, our primary task is to validate the information provided by candidates on their Background Verification (BGV) forms, along with corroborating supporting documentation. In the course of our work, we have encountered situations where candidates, for various reasons, […]

In today’s fast-paced digital era, businesses strive to provide seamless experiences to their customers, right from the moment they decide to engage with their products or services. One critical aspect of this journey is customer onboarding, the process by which organizations bring new customers into their ecosystem. Traditionally, customer onboarding has been a time-consuming and […]

The hiring market is a bundle of contradictions right now. One the one hand there are massive job cuts and layoffs, which should logically increase the available pool quite significantly. On the other hand, companies are finding it more difficult to find the right fit for positions across experience levels. The consequences of hiring the […]

With the rapid advancement of technology and the growth of online and mobile financial transactions, there has been an increase in financial fraud. Financial institutions, especially fintechs, are constantly seeking ways to ensure that their customers are protected from fraudulent activities. Know Your Customer (KYC) is the essential process used to verify their customers’ identities […]

In today’s fast-paced and competitive job market, companies are under constant pressure to find the best talent quickly. To accomplish this, organizations often rely on human resources (HR) and Applicant Tracking System (ATS)/Human Resources Management Systems (HRMS) platforms to streamline their recruitment processes. However, current technology has also come with increased risks. For example, situations […]

As a company, your business runs on trust. You deal with people and organizations – whether employees, customers, or vendors – with the belief that they are whom they claim to be, and that they will do what they are supposed to do. However, in today’s scenario, with the explosion of remote hiring, WFH, global […]

Urban Company workers arrested for stealing diamond ring worth ₹2L https://punemirror.com/pune/crime/Urban-Company-workers-arrested-for-stealing-diamond-ring/cid9023056.htm Home visit-based services have made life for urban residents much more convenient. But it comes with a new set of risks. What can be done to mitigate them? Aggregators of home services like plumbers, electricians, massage services, home cleaning services, etc. have ushered in […]

The rise of fraud in digitalized BFSI The BFSI (Banking, Financial Services, and Insurance) sector is particularly vulnerable to financial fraud. As more and more services are being offered online – through sites and apps – customers expect instant responses, even at the onboarding stage. Traditional KYC processes, with the paper trail and physical presence […]

Just search for ‘life insurance fraud’ or ‘pension fraud’ and the numbers will surprise you. Life insurance fraud can involve people taking policies in the name of strangers and raising claims, faking deaths and claiming the insured amount, or even claims from fake beneficiaries. Pension frauds can involve enrolling in schemes with fake credentials, claims […]

Any employee/employer relationship is based on trust. From the employee’s point of view, they have to trust that the organization will meet the financial commitments agreed upon, will not indulge in unethical activities regarding the employee or the work itself, and they be given will be given opportunities to grow and prosper. From the employer’s […]

With grand sale days around the corner don’t let your seller/reseller network and 3rd party delivery agents tarnish your brand. Safeguard your reputation and strengthen your brand with verification. https://www.newindianexpress.com/cities/bengaluru/2022/jul/18/bengaluru-flat-management-app-helps-youth-nail-amazon-delivery-claim-2477680.html A company’s most valuable asset is its reputation. As an e-commerce platform, the truth is that your reputation is dependent on multiple entities and individuals […]

The CEO of a Bangalore based IT firm recently spoke about the close call his company had, thanks to interview impersonation. He said, “If only I knew that this single case of candidate impersonation during the client interview would risk a US$ 100 million deal and put the whole business relationship at stake.” His story […]

https://www.thehindu.com/news/cities/bangalore/food-delivery-executive-arrested-for-harassing-women-online/article65484483.ece Headlines like these are a stark reminder why it is crucial that adequate verifications and background checks are conducted before onboarding any partner. Last mile delivery agents are the vital last step in reaching your product or service to your customer. In fact, they are more than just the means of delivery. They are […]

2020: Delivery agent scams Amazon off Rs. 27,000 (Source: https://www.deccanherald.com/city/bengaluru-crime/fir-against-amazon-delivery-boy-for-returning-fake-products-794970.html) 2021: Amazon duped off Rs. 20 lakhs in phone return fraud These are just a few cases of many where ecommerce platforms have fallen prey to scams from both sellers and delivery agents. From ever-increasing competition, to maintaining customer loyalty, to preventing identity theft, there are […]

When Elon Musk recently spoke about giving Twitter users the ability to self-verify so that every user can get an “authentication mark”, he was adding to the buzz regarding verification on social media platforms There has been a lot of talk recently about the prevalence of unverified profiles in social media, and the need for […]

It is a situation that any cab aggregator or ride-hailing company fears. Blaring headlines about driver misbehaviour or criminality. Unfortunately, they are more common than anybody would imagine. Sample these headlines. Bengaluru: Uber driver ‘rapes’ woman passenger as she returns from party, booked Murder of Kolkata model in Bengaluru: Ola driver arrested for crime Ola […]

Recently, social media was abuzz with users discovering that there were loans taken out in their name – loans that they had no idea about. While some of them found out from investigating why their CIBIL scores were dropping, others realised it when collection agents started calling them. The cause of this particular episode of […]

The headlines are startlingly regular. Suspects Took Delhi Flat With Fake Papers, Kept 3 Kg Explosives ‘Tenant’ dupes realtor and four tenants Rent Scam: Fraudster Posing As Army Officer Dupes Bhopal Man Of Rs 1 Lakh The world of rental is fraught with risk. It is a contract between two (usually) complete strangers where the […]