From cost centre to growth engine: Why AI-powered risk intelligence is India’s next competitive moat
By Ajay Trehan, CEO and Founder, AuthBridge
Background verification, for most of history, has been positioned as a cost of doing business responsibly. Verification, however, remains a necessity, as regulators, clients, and even employees require it. It has been akin to insurance and sound logic. Organisations are transitioning from that myopic mindset.
This transition is not philosophical but economic, as the cost of a poor hire in a client-facing or compliance-sensitive role routinely runs into multiples of annual salary. Additionally, as coordinated credential fraud has moved from an occasional anomaly to a structural risk, the ability to make better decisions about people has become a strategic capability.
The Equation That Changed
The dynamics of labour in India’s workforce have shifted. Previously, organisations and industries were vast and linear. Today, organisations are swifter, more nimble, and non-linear.
For instance, consider workers employed in gig economies or contract roles. Until a few...
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