July Spotlight: Industry and AuthBridge Highlights
AuthBridge
India’s largest identity and background verification company, delivering cutting edge authentication technology
Hey there, AuthBridge community!
Welcome to the July edition of The AuthScoop.
We're back with your monthly dose of industry insights, exciting updates, and a look at the latest trends shaping our world. From increased workforce demand in the production and manufacturing sector to the latest initiatives from RBI to us winning the Best Transformation in Procurement, we've got all the updates you need to stay ahead.
Ready to explore what's hot this month?
Production and manufacturing sector emerges as the top hiring industry in tier-II cities
The production and manufacturing sector witnessed a significant (47%) YoY surge in hiring, also emerging as the top hiring industry in tier-II cities. This has been attributed to factors such as PLI, infrastructure development and policy intervention on imports/exports, according to the latest findings from talent platform Foundit (formerly Monster APAC & ME) in its hiring trends for May 2024.
Source: The Economic Times
RBI sets up central fraud registry
The Reserve Bank of India has put in place a central fraud registry, a searchable database to help banks detect fraud by borrowers early on, the central bank said. Given that borrowers indulging in fraud typically take advantage of the lack of information with banks, RBI had proposed setting up such a registry at its bimonthly monetary policy review on 30 September 2014.
Source: Mint
Renewable industry workforce addition accelerates
The Indian renewable energy sector is witnessing a positive trend in workforce metrics, according to recent data from TeamLease Services. The renewable energy sector has experienced a surge in associates' growth, with a 23.7% increase in FY23-24, compared with 8.5% in FY22-23. This growth underscores the sector's expansion to meet global renewable energy targets, sustainability goals, and the increasing demand for skilled workers.
Source: The Economic Times
AuthBridge in the News
AI and Background Verification in the Gig Economy: Challenges and Solutions - Ajay Trehan | YourStory
Given the fast-evolving gig economy, the stakes for hiring the right gig workers have never been higher. AI has become a game-changer in this arena, especially in enhancing background checks through swift analysis of vast datasets to identify discrepancies and validate credentials.
Payal Aggarwal on how DEI is a way of life at AuthBridge | People Matters
In conversation with People Matters, Payal Aggarwal discusses how AuthBridge's proactive DE&I initiatives create a culture where every employee feels valued, respected, and empowered to succeed.
Missed the 53rd GST Council Meeting?
We've got you covered!
Webinar Highlights: Can't-Miss Nuggets of Wisdom!
领英推荐
In a digital era of transactions, mobile banking, and digital wallets, trust isn't just important—it's essential. ?????
Our recent webinar explored how digital signatures are the cornerstone of this trust, ensuring every financial interaction is secure and reliable.?
Please watch it if you missed the webinar.
AuthBridge at the 2nd NXTGEN ProcureConect Awards 2024
We recently participated in the 2nd NXTGEN PROCURECONNECT | CONFEX & AWARDS 2024 by Gain Skills as Gold Partners.
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