Trust and goodwill have become the main basis for business cooperation. However, such trust is prone to be misused by one party by committing fraud and causing losses to the other party. Based on the ACFE report, Report to the Nations on Occupational Fraud and Abuse 2014, companies generally experience losses...
Historical policy in the United States requires a company to conduct a drug test because of loss of productivity, increased absenteeism, accidents, tort and product liability, and a high rate of personal injury settlement. However, consuming marijuana for recreational purposes is legal in some states as major shifts on drug...
Employees are the lifeblood of any company. Therefore, the company's reputation depends on its employees. Good employees are recruited with proper procedures that are actually carried out by conducting the pre-employment screening. However, it turns out that pre-employment screening is not enough. Based on the results of the National Institute for...
If you already have a safety workplace policy, have you included a drug-free policy in the requirements? Reducing risk is a strong driver of pre-employment screening activities and with the growing issue of drug consumption, employers are increasingly requiring additional drug testing as part of the recruitment for new employees as...
Integrity Asia had another grand opportunity to attend the annual event of the National Association of Professional Background Screeners (NAPBS) on 7 – 9 October 2018 in Baltimore, United States. Representing the company, Managing Director, Mr. Edouard Helfand attended the event alongside the Regional Head of Employment Background Screening, Ms. Nancy...
One of the important lessons in the biggest fraud case in Europe that occurred in Danske Bank was the importance of companies investigating whistleblower reports. If Danske Bank had investigated the reports of illicit funds from the initial, it might not have suffered losses of up to 8 billion euros...
Artificial intelligent (AI) will change the way companies recruit employees. Example startup Triplebyte has implemented automation to help companies recruit employees who own programming skills suitable for the companies’ needs. Nowadays, many companies have started to use robots to speed up the process and allow recruitment managers to do more complex...
After authorities in Denmark and Estonia investigated the Estonian branch of Danske Bank (DBE), the largest bank in Denmark is suspected of being a money laundering facility and found more than 8 billion euro or may have been laundered during the period between 2007 and 2015. Danske Bank's Chief Executive Officer,...
Bitcoin, the first digital currency in the world, has been accompanied by a lot of negative stigmas since its release. The three keywords that surround bitcoin are ledger, decentralization, and anonymity. The bitcoin transaction system is supported by the blockchain, a decentralized digital ledger where every detail of transactions is...
