AuthBridge’s Workforce Fraud Files 2026: 5% Discrepancy Rate Across White-Collar and Gig Hires

One in 10 BFSI job applications misrepresented salary: AuthBridge's Workforce Fraud Files

Strengthening digital and structured address verification processes must remain a strategic priority for BFSI institutions,said Ajay Trehan, Founder & CEO, AuthBridge.

Hiring risks in India’s BFSI sector are becoming more visible, driven by gaps in core verification checks, according to AuthBridge’s Workforce Fraud Files – H1 FY26. The report found that more than 1 in every 10 job applications in BFSI showed discrepancies, highlighting growing concerns in a sector built on trust and accuracy.

The analysis draws from lakhs of candidate cases across both white-collar and gig workers, reviewed through AuthBridge’s verification platform.

Education checks showed gaps, with 2.93% of cases reporting discrepancies. These were largely linked to fake certificates or degrees from unrecognised or blacklisted institutions.

Address verification continues to remain a challenge as well. Inaccurate or outdated address details make it difficult to establish candidate traceability, which is critical for roles involving financial access and regulatory compliance.

This reinforces the need for stronger, technology-led background verification processes, including early-stage checks and continuous monitoring, to reduce risk and ensure hiring accuracy.

Read the complete news here.

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