Make sure Verification is part of your background checks because identity theft associated with job fraud increased by 44% in 2018.
The Step & Process of Identity Verification
Our Identity Verification Service uses knowledge-based authentication (KBA) questions, one-time passcode distribution to confirmed phone numbers, and knowledge-based authentication. To establish whether the candidate’s legal name, date of birth, and address are their own. The HedgeBD applicant experience effortlessly incorporates identity verification:
1. The applicant must first complete their personal information for the background check.
2. HedgeBD either uses the provided Social Security Number to generate a set of exceedingly difficult questions that can only be answered correctly by the true owner of the SSN, or it sends a passcode to a verified phone number.
3. By asking the applicant these questions, HedgeBD engages with them.
4. Candidates who don’t pass the identity verification process still have to go through the background investigation.
5. HedgeBD will let you know if we were unable to confirm your candidate’s identity.
How to Respond to Results
A candidate’s failure to pass the identity check does not necessarily mean they are using a false identity. Employers, however, ought to exercise caution and think about seeking other forms of identification, such as a passport, a driver’s license, or a military identification, in addition to the usual forms.
The Importance of Background Check Services
Background check services are necessary to lower the potential danger to a corporation. Finding out if a candidate is qualified is the aim of a background check.
The background check also helps in shortlisting when there are numerous applications for the same employment. The best course of action for the business is to run a background check.
The recruiting process could be made easier if the hiring manager is aware of the applicant’s prior employment experience.
1. The background check will show that the applicant has a spotless record, so there won’t be any potential liabilities for the employee in the future.
2. A rigorous background check encourages a secure workplace, improving employee quality.
3. A thorough background check would protect the company’s reputation by looking for fake educational qualifications.