Mumbai (Maharashtra)/ Bengaluru (Karnataka) [India], March 14 (ANI/PRNewswire): First Advantage Corporation (NASDAQ: FA), a leading global provider of HR technology solutions for screening, verifications, safety, and compliance, announces the publication of its India Employment Screening Trends Report. The 35-page document is a compilation of anonymized data and analytics from the Company's background screenings performed for its customers in the Indian market in Q4-22. In Q4-22, industries such as BFSI, Healthcare & Pharma, Telecom, Engineering & Infrastructure showed substantially greater discrepancy percentages than the overall average of 8.3%. Other notable findings include: - Discrepancy percentage in the BFSI sector increased from 9.67% in Q3-22 to 10.30% in Q4-22. - For Employment Verifications: IT, Retail, FMCG, Engineering & Infrastructure sectors have shown a higher inclination towards alternative modes of verification. - In Q3-22 sectors like BFSI, Consulting
Mumbai (Maharashtra)/ Bengaluru (Karnataka) [India], March 28 (ANI/BusinessWire India): Singapore-headquartered actyv.ai, a category creator in the enterprise SaaS with embedded B2B BNPL and insurance space announced a strategic partnership with PwC India to drive adoption of embedded finance in supply chain ecosystems for their clients. The alliance aims to focus on using the power of artificial intelligence to drive growth opportunities in the global supply chain ecosystem while also providing access to relevant embedded financial and insurance products. Leveraging PwC India's in-depth expertise in supply chain transformation, the alliance aims to deploy and scale the platform in actyv.ai's customer environment and fuel a shared vision to digitally transform supply chains and provide a range of embedded finance products while also ensuring sustained business outcomes for clients. Speaking on the partnership, Vivek Belgavi, Partner & Leader - Alliances & Ecosystems, Pw
Mumbai (Maharashtra)/ Bengaluru (Karnataka) [India], March 6 (ANI/BusinessWire India): actyv.ai, a Singapore-headquartered, category creator in the enterprise SaaS with embedded B2B BNPL and insurance space, today announced its partnership with IIFL Finance (IIFL), one of the leading players in the financial services space in the country. This association will enable IIFL to provide bite-sized credit to power the 'Buy Now, Pay Later' embedded offering on the actyv.ai platform. Arihant Jain, Head of Digital Products and Data Science, IIFL Finance said, "The SMB ecosystem is a major contributor of growth in the Indian economy. Business volatility necessitates SMBs to raise capital instantly. IIFL is committed to deliver structured credit products, backed by innovative technology to this category. actyv.ai, offering effective and relevant technology interventions for the enterprise and its partner ecosystem on a single platform is an ideal choice for collaboration. With our s
Mumbai (Maharashtra)/ Bengaluru (Karnataka) [India], October 11 (ANI/PRNewswire): First Advantage Corporation (NASDAQ: FA), a leading global provider of HR technology solutions for screening, verifications, safety, and compliance, announced the publication of its India Employment Screening Trends Report. The 37-page document is a compilation of anonymized data and analytics from the Company's background screenings performed for its customers in the India market in Q1-22. FMCG, Retail and Manufacturing Sector shows Major Discrepancy Trends in Q2-22. In Q2-22, Industries such as FMCG, Retail, BPO, E-commerce, and logistics showed substantially greater discrepancy percentages than the overall average of 11.3 per cent. Other notable findings include: - FMCG, Retail, Manufacturing Industries experienced greater differences in discrepancy percentage. - Out of every 100 education checks verified in the Retail sector, 20 were discrepant in Q2-22. - For Employment Verifications, IT, FMCG, R