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How is Generative AI transforming due diligence in the Retail Sector? India’s retail sector is a cornerstone of its economy, significantly contributing around 10% of the country’s GDP and being the world’s fifth-largest global destination in the retail space. Despite its economic significance, the sector grapples with recurring incidents of
How to strengthen Anti-Money Laundering (AML) Compliance and Due Diligence in the BFSI Sector Non-compliance with Anti-Money Laundering (AML) regulations is unacceptable in the BFSI landscape, leading to hefty monetary penalties and reputational damage. Issues like poor customer due diligence compromised compliance protocols, sloppy data security, and corruption are major
How AI is Disrupting the Authentication Industry in India Sandeep Singh, Senior Vice President of Product at AuthBridge, recently shared his thoughts on how artificial intelligence (AI) is profoundly transforming various sectors in India on the occasion of AI Appreciation Day. From healthcare to finance, e-commerce to logistics, and even
AI and Background Verification in the Gig Economy: Challenges and Solutions As AI continues to evolve, its role in enhancing trust and security in the gig economy will only become more critical, paving the way for a more reliable and trustworthy gig workforce. India’s gig economy is on a rapid
Introduction Aadhaar, introduced as a universal identity system by the Indian government, is the world’s largest biometric ID system. It assigns a unique 12-digit ID number to each Indian citizen, which is linked to their biometric data, including fingerprints, iris scans, and facial photographs. This ambitious project aims to provide
Payal Aggarwal on how DEI is a way of life at AuthBridge In conversation with Payal Aggarwal, learn how AuthBridge’s proactive DE&I initiatives create a culture where every employee feels valued, respected, and empowered to succeed. By: People Matters | Updated at : 19 June 2024 04:25 PM (IST) Fostering
Fostering a diverse and inclusive (DE&I) environment is essential in today’s globalised workplace. Studies by We-Ace, for instance, reveal a significant 45% increase in inclusive hiring practices for women in recent years. This reflects a growing global commitment to gender equality at work. This recognition extends beyond gender, with research
Generative AI Adoption In India: Emerging Trends & Opportunities Gen AI drives operational efficiencies across sectors by automating routine tasks, optimising resource allocation, and facilitating real-time decision-making. By: ABP News Bureau | Updated at : 04 Apr 2024 04:25 PM (IST) The current AI landscape is witnessing explosive growth in
The Rising Wave of Moonlighting in India | The Times of India The Indian IT services industry continues to tackle moonlighting issues post-pandemic. Companies employ background verification firms to prevent dual-employment. Moonlighting rates decreased from 4-5% to 1-2% due to in-office requirements. Wriju Ray mentioned 8 out of 10 IT
Digital Transformation & Third-Party Risks: Addressing Challenges For 2024 Digital transformation is apparent in every sector and business. The expansion of digital platforms and interconnected systems has not only profited businesses in terms of their growth and scalability but also raised the likelihood of potential threats. Concerns around cybersecurity risks,
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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.
