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Blue Collar Vs White Collar Employees - How Background Verification Differs

Blue Collar Vs White Collar Employees – How Background Verification Differs

Blue-collar and White-collar are terms used to differentiate between two different types of employees based on the nature of their work, acquired skills, educational backgrounds, and the type of work environment they typically operate in. Blue-Collar, White-Collar Workers: Historical Background And Evolution The terms “blue-collar” and “white-collar” originated in the

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How do companies do background checks in India

How Do Companies Do Background Checks In India?

The importance of employee background checks for making informed hiring decisions is a force to be reckoned with. Background checks help employers verify the credentials, education, and work experience of the candidates, safeguard a business from fraud practices, and ensure that the onboarded candidates possess the required skills and qualifications

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What is background check, meaning and definition

What is background check, meaning and definition?

‘Shortlisting suitable candidates out of the lot is a strenuous task. Some profiles fit best into the positions. While some appear promising, some seem suspicious. Jumping into a conclusion while choosing candidates on their face value is not a right approach as they might be misleading. A comprehensive background check

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KYC and Proof of Identity Navigating Compliance in India

KYC and Proof of Identity: Navigating Compliance in India

With digital transactions increasing in India, businesses must prioritize KYC compliance to verify their customer’s identities and prevent financial crime. One crucial aspect of KYC compliance is proof of identity (POI), which involves obtaining valid documents from customers to confirm their identity.   This article explains why POI is crucial

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Simplified Due Diligence Benefits, Process, Examples

Simplified Due Diligence: Benefits, Process, Examples

The objective of due diligence is to gather all relevant information to make informed decisions that minimize risk and maximize returns. However, traditional due diligence can be a lengthy, costly, and complicated process.    That’s where simplified due diligence comes into play. Simplified due diligence is a streamlined version of

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What is Proof of Address (POA) and its relevance in KYC

What is Proof of Address (POA) and its relevance in KYC?

Proof of Address (POA) is a document that verifies a person’s residence address. It is an essential requirement in the Know Your Customer (KYC) process for banks, financial institutions, and other regulated entities in India. POA is critical in identifying and verifying customers’ identities and preventing fraudulent activities such as

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Types of KYC Process, Documents and APIs

Types of KYC | Process, Documents and APIs

Identity fraud and unlawful activities are increasing at an alarming rate, and organizations are emphasizing stringent due diligence and KYC processes for user identification and onboarding. In India, with its large demographic and plentiful financial institutions, a reliable KYC system is essential for attaining profitability, controlling risks, and adhering to

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MeitY Regulations for Online Gaming The Way Forward

MeitY Regulations for Online Gaming: The Way Forward

Introduction The online gaming industry in India grew at a CAGR of 38% between 2017 – 2020, and the same is expected to stay around 15% reaching about Rs. 154 billion in revenue by 2024, as per a report by Sequoia and BCG. As the space is mostly unregulated with

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What is due diligence Process, Audits, and Reports

What is due diligence? Process, Audits, and Reports

What is Due Diligence? According to Investopedia, the term due diligence refers to an investigation, audit, or review performed to confirm facts or details of a matter under consideration. In the context of a business, due diligence means employing KYC/KYB procedures to ensure compliance, prevent fraud, and minimize risk exposure

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The most noteworthy aspects of our collaboration has been the ability to seamlessly onboard partners from all corners of India, for which our TAT has been reduced from multiple weeks to a few hours now.

- Mr. Satyasiva Sundar Ruutray
Vice President, F&A Commercial,
Greenlam

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