Unveiling the Most Common Corporate Fraud Schemes
Nov 11, 2023 MicroBilt News
Corporate fraud has always been prevalent in the business world, but in the past decade, fraudulent activity has emerged as a leading threat that can wreak havoc on companies' financial stability, reputation, and overall operations. According to a New York Times article, this form of fraud cost companies $831 billion in 2021 alone. And the rate for these crimes continues to rise.
Why Identity Verification Is So Important for Digital Care of Finances
Oct 20, 2021 MicroBilt News
We all love the convenience of making purchases, opening accounts, and applying for jobs from our computers or smartphones. But at the same time, it makes identity verification that much more important for business owners. Whether you're a financial institution, a private lender, you can't be too careful when it comes to verifying the identity of your customers.
4 Important Reasons To Conduct a Criminal Background Check
Feb 19, 2021 MicroBilt News
Are you working on hiring new talent for your business? There's a lot that goes into this process. You have to do interviews, sift through hundreds of applications, and gauge whether or not the new hire would mesh well with the rest of your employees.
How Long Does a Background Check Take?
Oct 05, 2020 MicroBilt News
A regular part of running a safe and secure business nowadays is performing a background check. Employers, landlords, banks, transportation companies, and numerous other organizations conduct routine screenings before signing contracts or doing business to protect themselves from individuals who may not be the person they appear to be.
The unbanked are scam targets, too
Apr 28, 2018 Philip Burgess
The unbanked are in fraudsters' crosshairs, with prepaid cards under attack.