New Online Gaming Rules Meaning and Impact

Need for Technology to Combat Risk and Stay Compliant in Real Money Gaming

The journey of online real money gaming has been promising as the growth trajectory is only going upwards – especially after Covid-19. The repeated mandated lockdowns pushed more players across the world to play online real money games and cash in on some massive winnings. As per the All India Gaming Federation – The Online Gaming in India – The GST Conundrum’ report, the online real money players are expected to grow from 80 million in 2020 to 150 million by 2023.

 

Despite the RMG space growing at a head-spinning pace, it is a highly unregulated industry in India. Factors like industry moving from brick-and-mortar casinos to online space, easy accessibility, growing networking capabilities, integration of cloud, mobile apps, and social networks are appealing not only to the gamers but also to the fraudsters. 

 

As the space is unregulated, it is a breeding ground for bad actors who can cause reputational, financial, and regulatory risks to the business. Online gaming operators need a robust KYC framework to protect themselves from sophisticated and fraudulent attacks.

Background Verification (BGV) Company in Mumbai for Employee screening

Background Verification in Mumbai for the Right Hiring Decisions

Bombay, now known as Mumbai, formerly Bom Baim in Indo-Portuguese creole, is one of the most populous cities. Due to its central location, it is the financial and commercial hub of India. Mumbai is among the most flourishing, cosmopolitan, and economically prosperous cities with a GDP contribution of ₹26.61 trillion (US$350 billion) in the FY 2020–21. Due to its economic, commercial and employment opportunities, it attracts a heavy influx of migrants and consequently a very rapid population growth. Being the nerve centre, it is always booming. A growing population naturally increases its risk exposure and fraud vulnerabilities. That’s why companies based in Mumbai widely adopt employee background verification as a risk management tool. And several background verification companies in Mumbai are getting a thumbs up for greater presence.

 

Key Hindrances in Background Verification Companies in Mumbai

It’s often witnessed that due to delayed check results and unorganised services, companies tend to forgo employee background verification processes. This leads to inefficient hiring and discrepancies in employee credentials during verification. In 2019, 211 schools were enlisted as fraudulent educational institutions, dealing with counterfeit certificates. It’s about time to take on background verification more seriously.

 

Importance of Background Verification Companies in Mumbai

Performance, productivity, and reputation of a company require the employees to be at their best behaviour and abide by ethical and behavioural standards as laid down. Growing organisations do understand the value of well-informed hiring decisions. However, a long-drawn verification can hinder internal processes and productivity. At AuthBridge, we address this with fast, AI-powered technology as a pioneer of employee background verification companies in Mumbai. Our background verification services can help your company scale with candidate-first, digital solutions fit for hybrid and remote workplaces. These solutions are customised to validate any employee credibility issues, within faster turnaround times, based on facts. We are out of the leading background verification companies in Navi Mumbai.

Our technologies like optical character recognition (OCR), document classification, image recognition, face match, geo-tagging, and digital signatures help in saving time, effort and money for your HR function. This will make your background screening process seamless, scalable, and secure, adding nimbleness to your employee background verification process.

 

Benefits and Impact of Background Verification in Mumbai by AuthBridge

  1. Scale up faster with automated background checks
  2. Increase productivity and build a better candidate experience
  3. Get real-time visibility on the progress of checks
  4. Get customisable workflows, integrable with any HRMS tool
  5. Built-in regulatory compliance and data privacy safeguards

Our web-based platform provides end-to-end candidate experience and ensures employers can monitor, view and archive verification progress, anytime, anywhere. Our technology suite of background screening services enhances your verification process in a cost-effective way.

 

Salient Features of Our Employee Background Verification Offerings in Mumbai

  1. Easy-to-Use
  2. Competitive Pricing
  3. Faster Turnaround Time
  4. Online and Automated Data Management
  5. Intuitive Dashboards

Whether it’s instant ID verification, education checks, reference checks or digital address verification for employees, customers, partners, or vendors—automation, easy integration and data security will power your HR verification and onboarding process at every step of the way.

 

Our Range of Employee Screening Services in Mumbai include:

The metropolitan city of Mumbai is the base for several IT firms and MNC giants. We also provide AI-powered vendor due-diligence services for large organizations outsourcing their requirements to external vendors.

Mumbai has always been the city of dreams for culturally diverse people. Keeping the same in mind, we also offer:

  • Drug/Substance Abuse Check

Predominantly, good hiring decisions affect your company’s bottom line the most. So, create 10X faster verification and onboarding journeys for people who will contribute with end-to-end background checks that come with real-time dashboards and actionable insights. Our background checks ensure the quickest outcomes so you can scale up at speed and save onboarding time by up to 90% and operational costs by up to 70%. Using an advanced AI-driven and compliant platform, AuthBridge makes your business scalable and growth-oriented by addressing unique business needs. 

If you’re based out of Mumbai and our employee screening services interest you, book a demo with us. We are India’s largest authentication and background verification company, specializing in all-inclusive background check services.

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