Employee Background Verification
Education Verification
The process of confirming the educational credentials of an individual, typically to ensure that the qualifications they claim are accurate and valid. Specific procedures and requirements for education verification may vary depending on factors such as the policies of the educational institution, the nature of the verification request, and applicable privacy laws and regulations.
1146 universities and 979 autonomous colleges in India, and overseas.
With 15+ years of our experience we understand the procedure for all the universities and autonomous institutions in India and abroad
Employment Verification
The process of confirming the work history and details of an individual's past employment to curb fraud such as
Falsification of Credentials- :Job applicants may provide false information about their employment history, job titles, responsibilities, or qualifications to enhance their chances of being hired. This can include fabricating job experience, inflating job titles, or even creating fake employment references.
Salary Fraud: Some individuals may falsify their salary history or provide inaccurate information about their compensation to negotiate higher salaries with prospective employers.
Employment Gap Concealment: Job applicants may conceal periods of unemployment or gaps in their employment history to avoid raising red flags during the hiring process
Document Fraud: Fraudulent documents, such as forged employment letters, or salary slips, may be submitted to employers as part of the hiring process.
At iCrederity we verify parameters such as Name, Last held Designation, Tenure of Employment, Current Remuneration, Reason for Leaving, Disciplinary, and many more. We can also customize based on the client’s requirements and the UAN database
Reference Verification
Frauds in reference verification in India can occur when individuals provide false or misleading information about their references to bolster their credentials during the hiring process. While specific statistics on reference verification fraud in India may not be readily available, several common types of fraud can be observed:
Fake References: Job applicants may provide references who do not actually exist or who have not agreed to provide a reference. These references may be fabricated to provide positive feedback about the applicant's qualifications and work experience.
Impersonation: In some cases, individuals may impersonate legitimate references by using their contact information without their knowledge or consent. This allows the applicant to control the information provided to the prospective employer.
Reference Staging: Job applicants may collude with friends, family members, or acquaintances to pose as references and provide false or misleading information about the applicant's qualifications and employment history.
Inflated Recommendations: Individuals may provide references who are willing to provide exaggerated or inflated recommendations to enhance the applicant's chances of being hired.
Reference Shopping: Job applicants may selectively choose references who are likely to provide positive feedback while omitting references who may provide a more balanced or negative assessment of their qualifications.
Bribery or Coercion: In some cases, job applicants may attempt to bribe or coerce individuals into providing false or misleading references in exchange for financial incentives or other benefits.
To mitigate the risk of reference verification fraud, iCrederity will verify the authenticity of references provided by job applicants and contact references directly to confirm their identity and relationship to the applicant, as well as obtain feedback on the applicant's qualifications and work performance.
Address Verification
Frauds in address verification in India can occur when individuals provide false or misleading information about their residential address. Several common types of fraud can be observed:
False Addresses: Job applicants may provide addresses that do not correspond to their actual residential address. These addresses may be fabricated to hide their true place of residence or to create the illusion of stability and credibility.
Temporary or Shared Accommodations: Some individuals may provide temporary or shared accommodations as their residential address, even if they do not live there permanently. This can be done to avoid disclosing their actual address or to meet residency requirements for employment or other purposes.
Impersonation: In some cases, individuals may impersonate others or use stolen identities to provide false addresses during the verification process. This can be done to conceal their true identity or to evade detection for other fraudulent activities.
Address Manipulation: Job applicants may manipulate the details of their address, such as altering the street name or building number, to create the appearance of a legitimate residential address. This can make it difficult for verifiers to confirm the accuracy of the information provided.
Virtual Addresses: With the rise of virtual offices and mail forwarding services, individuals may use virtual addresses as their residential address during verification. While legitimate in some cases, this can also be exploited to provide false or misleading address information.
To mitigate the risk of address verification fraud, employers and other entities in India often implement thorough verification processes that include confirming the accuracy and validity of the residential address provided by individuals. This may involve conducting site visits or physical verification to confirm the existence of the address and the individual's residency. Additionally, leveraging technology and data sources such as government records, utility bills, and electoral rolls can help verify the authenticity of addresses and detect potential fraudulent activities.
Court Record Database Check
Frauds related to court record database checks in India can occur when individuals provide false or misleading information about their legal history or criminal records.
Concealment of Criminal Records: Individuals may attempt to conceal their criminal history by providing false information or omitting relevant details during court record checks. This can include not disclosing past convictions, pending charges, or involvement in legal disputes
Identity Theft: In some cases, individuals may use stolen identities or assume false identities to avoid detection during court record database checks. This can involve using forged documents or impersonating another person to obscure their true legal history.
False Documentation: Individuals may submit forged or falsified documents, such as fake court orders or police clearances, to misrepresent their legal status and criminal history during the verification process.
Expunged or Sealed Records: Some individuals may falsely claim that their criminal records have been expunged or sealed to conceal past convictions or legal issues during court record checks.
Global Database Verification
iCrederity’s licensed database is used for conducting enhanced due diligence, anti-money laundering (AML) checks, and Know Your Customer (KYC) procedures. It provides detailed profiles and risk intelligence on individuals and entities to help organizations assess potential risks associated with their clients, customers, suppliers, and other business partners.
Key aspects
Comprehensive Risk Intelligence: The database aggregates and continuously updates information from reputable sources worldwide, including regulatory authorities, law enforcement agencies, financial regulators, and public records. It covers various risk categories, such as politically exposed persons (PEPs), sanctioned entities, individuals associated with financial crime, and other high-risk profiles.
Enhanced Due Diligence: Databases to conduct enhanced due diligence on prospective clients or counterparties during the KYC process. By screening against databases, organizations can identify potential risks and comply with regulatory requirements to prevent financial crimes like money laundering and terrorist financing.
Global Coverage: The database offers global coverage, with profiles spanning countries and regions around the world. This ensures that organizations can assess risks associated with individuals and entities operating in diverse jurisdictions and geographic locations.
Real-Time Updates: The database is updated in real-time, ensuring that users have access to the latest risk intelligence and information about changes in regulatory statuses or sanctions lists. It provides a comprehensive source of risk intelligence and supports efforts to combat financial crime and maintain regulatory compliance in a rapidly evolving global business environment.
Credit History Verification
Assessing an individual's creditworthiness as part of the hiring process includes information from credit bureaus or credit reporting agencies.
credit history checks can provide insight into a candidate's financial responsibility, they should be used judiciously and only when relevant to the job requirements
Durg Check Verification
Drug testing or drug checks in India can undermine the integrity of workplace safety protocols, drug rehabilitation programs, and law enforcement efforts.
Identity and Document Verification
Frauds in identity verification in India can take various forms, posing significant challenges to businesses, financial institutions, and government agencies. Some common types of identity verification fraud in India include.
Fake Documents: Fraudsters may create counterfeit documents, such as fake Aadhaar cards, passports, or driver's licenses, to misrepresent their identity during verification processes. These fake documents can be difficult to detect and may be used to gain access to services or benefits illegally.
Synthetic Identity Fraud: Synthetic identity fraud involves combining real and fake information to create a new identity. Fraudsters may use genuine details, such as a legitimate name or address, combined with fabricated or stolen information, to create synthetic identities that can be used to commit fraud.
Impersonation: In some cases, individuals may impersonate others during identity verification processes, either in person or online. This can involve using stolen identification documents or social engineering tactics to deceive verification systems and gain access to accounts or services.
iCrederity Uses a licensed database to verify the authenticity of government-issued Identity cards like UAN, DIN Number, TAN, Aadhar, PAN, Passport, Voter’s ID, and Form 16.
Individual Background Verification
Individuals can play an active role in verifying their own background to ensure accuracy and readiness for potential scrutiny by employers or other parties. By taking proactive steps to verify their own background, individuals can identify and address any discrepancies or inaccuracies before they become potential obstacles in employment or other endeavors. It also demonstrates a commitment to transparency and integrity, qualities that are highly valued by employers and other parties.
Here's how an individual can verify their own background:
Vendor & KYC Verification
In today's complex business landscape, partnerships and collaborations are crucial for success. However, with the increasing prevalence of fraud, regulatory requirements, and compliance standards, organizations face significant risks when engaging with vendors and clients. This is where Vendor and Know Your Customer (KYC) verification come into play.
- iCrederity assists financial institutions in establishing their customers' credentials through In Person Verification (IPV)
- The KYC process involves two essential checks: identity verification and address verification.
- Customers undergoing identity check can be either natural persons (individuals) or legal entities (private or public organizations).
- For natural individuals, any two documents among Pan Card, Passport, Aadhar Card, and Driving License are required.
- Legal entities need documents like Certificate of Incorporation & AOA&MOA for private/public limited companies, and partnership deed for partnership firms, along with identity proofs of each partner involved.
- Address check involves updating physical examination of both permanent and present addresses for natural persons.
- For legal entities, physical verification of office address, present address, and permanent address of each Director/Partner/Proprietor should be recorded.
Our AI powered platform
iCrederity's application offers a comprehensive and efficient solution for conducting background verifications, helping businesses and organizations make informed decisions while mitigating risks associated with hiring, renting, or engaging with individuals.
Features
- Web-based platform providing access to due diligence reports and tracking.
- Utilizes technology-driven processes.
- Offers real-time status updates.
- Provides multiple methods for data collection.
- Accessible 24/7.
- Customizable client logins based on location and hierarchy.
- Offers customizable component packages.
- Allows for downloading of reports, invoices, and annexures.
- Offers downloadable detailed case trackers.
- Fast and Reliable Results
iCredify - Digitizing Education Verification
iCredify is a pioneering venture that commenced in November 2014, aiming to revolutionize education verification through technology. Spearheaded by iCrederity Info Services Pvt Ltd, iCredify addresses the critical need for streamlining the education verification process. Traditionally, education verification involved a cumbersome manual process, often spanning 20 to 60 days due to the involvement of multiple universities and institutions in India. Recognizing this inefficiency, iCredify embarked on a mission to digitize the verification process, significantly reducing lead times and enhancing overall efficiency.
The platform caters to universities, corporations, and most importantly, students, offering a streamlined three-step process:
Submission of Credentials Online with Payment: Users can conveniently submit their educational credentials online, streamlining the initial data collection process.
Report Generation with Security Features: iCredify employs robust security measures to ensure the integrity and authenticity of the verification process. Reports generated are comprehensive and equipped with advanced security features to prevent tampering or unauthorized access.
Online Accessibility for Requesters: Upon completion of the verification process, the verified information becomes readily accessible to the requester via an online platform. This ensures transparency and expedites decision-making processes for universities, corporations, and other stakeholders.
By leveraging technology and a user-friendly interface, iCredify aims to revolutionize education verification, making it faster, more secure, and accessible to all stakeholders involved.
