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What Is Bank Account Verification? Every time a payment is made or received, there’s a silent but important step happening in the background: Verifying the Bank Account. This process, known as Bank Account Verification, ensures that the account exists, belongs to the right person or business, and is active for
Ensuring the accuracy and authenticity of information provided by vendors, suppliers, and other third parties is essential for mitigating risks and ensuring compliance. Third-party verification (TPV) serves as a crucial process, allowing companies to validate the credentials, claims, and transactions of external entities. By utilising independent verification from a neutral
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
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
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,
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
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
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
Human resource management can be tough, especially with the existing market competition for the right talent. From pushing innovation to inclusion to teamwork and collaboration, Digital HR will dominate all we do in 2022. According to a recent survey, an average millennial stays at a job for nearly 6-12 months, 10-20 times less
Amidst the pandemic, the hiring market is already tense. And the next wave could be worse than the second wave situation. So, employing efficient ways to onboard employees help the organization to ensure sustainability. According to Brand Hall Group, preeminent research, and analyst firm, organisations with a strong onboarding process
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Keep yourself updated with the latest innovations in BGV & Authentication Technology from India’s leading Background Verification Company
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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.
