A recent report by AuthBridge highlights a significant 12.5% increase in verification discrepancies among gig workers from FY 2020-21 to FY 2023-24, emphasizing the need for robust screening processes. AuthBridge has observed a concerning 74.4% of identity checks failing to match official records, highlighting the urgent need for more advanced verification solutions.
Speaking on the findings, Mr. Ajay Trehan, CEO of AuthBridge, stated, “The surge in discrepancies underscores the criticality of implementing advanced and scalable verification solutions to ensure trust and safety in the gig economy.”
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AuthBridge is India’s largest authentication company, delivering cutting-edge technology and alternate data analysis for Identity Management, Onboarding & Verification, and Business Intelligence. With over 2500+ clients across 30+ sectors, including Fortune 500 and Indian Unicorns, AuthBridge’s sophisticated authentication products and solutions are trusted by businesses worldwide.
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