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Future of BGV

The Future Of Background Verification In 2024 & Beyond

The world of Background Verification (BGV) is undergoing a significant shift today. Driven by rapid technological advancements and a change in global workstyles, traditional methods are being challenged, and new barriers are coming up. This blog delves into this evolving landscape of Background Verification, exploring how technology fuels new forms

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Blue Collar Vs White Collar Employees - How Background Verification Differs

Blue Collar Vs White Collar Employees – Key Differences Explained

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. Historical Background And Evolution The terms “blue-collar” and “white-collar” originated in the early

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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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What does BGV (Background Verification) mean and why is it required

What does BGV mean and why is it required?

The process of Background Verification (BGV) has to be seen in the context of a technology-driven hiring space which is still evolving. The job market competition has never been this cut-throat, in the middle of a talent war. Candidates are going way beyond their potential to get a rewarding job

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How online criminal record checks are done in India

How online criminal record checks are done in India

Did you know that approximately 78% job applicants lie during the recruitment process? It is not an exaggeration but a fact, as per a CNBC article. That’s why, it is always important to make sure that your candidates are a fit (not just for the job role!) for your company’s brand ethics, values,

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Worker Verification The Ideal Solution to Prevent Blue-Collar Crimes

Worker Verification: The Ideal Solution to Prevent Blue-Collar Crimes

Nearly 500 million workers are a part of the blue-collar segment in India. Generally, industries hire them in bulk on either contractual or permanent basis. Even with the rapidly emerging technologies, companies are still hiring blue-collar workers. Wonder, why? Because the overall blue-collar ecosystem will stand tall in a massive economy like ours

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Third-Party Due Diligence EDD, AML Checks and Ongoing Monitoring

Third-Party Due Diligence: EDD, AML Checks and Ongoing Monitoring

Businesses rely on numerous third parties for the smooth running of key operations, increase profitability, and go to market faster. Third-party stakeholders such as suppliers, vendors, dealers, distributors, vendors, and merchants play an integral part in managing different functions of the supply chain. With the help of third parties, businesses

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Use of Technology in Blue-Collar Screening

Use of Technology in Blue-Collar Screening

India’s blue-collar job market witnessed the strongest growth in the first half of 2022, with the falling number of Covid infections, lifting of restrictions, and a pickup in economic activity. Due to the higher demand for manpower, February 2022 clocked more than 1 million active blue-collar jobs, which includes 800,000

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What is supplier onboarding and process to onboard suppliers at scale

Hiring Blue-Collar Staff Can Be Risky, Verify Them!

India’s blue-collar job market witnessed the strongest growth in the first half of 2022, with the falling number of Covid infections, lifting of restrictions and a pickup in economic activity. Due to the higher demand for manpower, February 2022 clocked more than 1 million active blue-collar jobs, which includes 800,000

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