zero fraud tolerance of hr documents

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ZERO Fraud Tolerance of HR Documents Pitney Bowes launches pbSecure TM An innovative technology helping organizations overcome the menace of Forged HR documents Imagine hiring an individual with impeccable credentials, only to find out that he or she had actually presented forged documents, that too months after being on the job. Such people are a threat to any organization. More often than not, they are able to get away scot free due to the inefficacy of our judicial system. According to BGV industry trends, employment related discrepancies are the highest in the country and account for 65% - 70% of total screening discrepancies. There have been several examples in recent months of how a company's brand is impacted because of a discrepancy in the information provided by an employee, all the way up to the CXO level. This increases the burden for both the relieving and hiring organizations to be diligent about employment record verification. A recent report by Economic Times quoted a leading IT services organization saying that 1 in every 5 resumes they receive has some forged information. WIPRO & FADV Already using it NOW!

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Page 1: Zero Fraud Tolerance of HR Documents

ZERO Fraud Tolerance of HR Documents

Pitney Bowes launches pbSecureTM

An innovative technology helping organizations overcome the menace of Forged HR documents

Imagine hiring an individual with

impeccable credentials, only to find out that

he or she had actually presented forged

documents, that too months after being on

the job. Such people are a threat to any

organization. More often than not, they are

able to get away scot free due to the

inefficacy of our judicial system.

According to BGV industry trends,

employment related discrepancies are the

highest in the country and account for 65%

- 70% of total screening discrepancies.

There have been several examples in recent

months of how a company's brand is

impacted because of a discrepancy in the

information provided by an employee, all

the way up to the CXO level. This increases

the burden for both the relieving and hiring

organizations to be diligent about

employment record verification.

A recent report by Economic Times quoted

a leading IT services organization saying

that 1 in every 5 resumes they receive has

some forged information.

WIPRO & FADV Already using it

NOW!

Page 2: Zero Fraud Tolerance of HR Documents

At Pitney Bowes, innovation is a part of our

everyday lives. The organization was quick

to realize the unfulfilled need in the

industry with regards to fake documents

floating around and verifiers not being able

to distinguish between originals and well

reproduced fakes. The average time taken

to verify educational credentials today for

any organization ranges between 1.5 to 3

months.

Without proper verification, forged

degrees, identity cards, resumes, financial

records and other falsified information can

pass through your organization, putting

your business and reputation at risk.

Pitney Bowes’ pbSecureTM is a highly

advanced technological platform that has

been developed in India to counter the

menace of fake certificates / credentials.

As an evidencing solution, pbSecure™ helps

issuers secure information at the point of

origin, while reducing the effort and time

required for evidence verification at any

point thereafter.

While the technology for securing

information and making it verifiable as well

as tamper evident has been with Pitney

Bowes since decades and is extensively

used in their Franking Machines to collect

Billions of dollars of revenue for

governments across the globe; Pitney

Bowes has actually gone two steps forward

to find alternative applications for this

technology and has adapted very well to

the unique needs of the Indian market.

Page 3: Zero Fraud Tolerance of HR Documents

Unlike other fraud-prevention solutions

available in the market that focus on ‘paper’

security through the use of holograms,

special inks and microprints, pbSecure™

focuses on securing the ‘information’ on the

document or product.

For example, in the case of HR documents,

this ‘information’ could be the employees

date of joining, CTC, designation or any

other information prone to change.

pbSecure™ scans, processes and secures

the ‘information’ at the point of origin and

makes the document tamper proof. This

information security is accomplished by

using pbSecureTM patented hardware

security modules, layered on with a flexible

software platform

which is highly

customizable to

customer’s needs.

Documents once secured through pbSecure

are rendered tamper evident and can be

verified instantly. With each organization

having different relieving letter and

appointment letter formats, it’s virtually

impossible to look at a copy and tell

whether it is genuine.

However, once Organizations adopt

pbSecure for issuance, employees can

present true copies wherever necessary and

benefit from instant verification.

Documents and data secured by pbSecure™

can be verified for authenticity in an offline

mode – a unique feature that allows our

customers to keep their data private. Online

verification is also available. This

verification process allows companies to

lower costs and save time by eliminating

manual verification, and at the same time,

improve process controls and risk

management by monitoring document

creation.

Page 4: Zero Fraud Tolerance of HR Documents

Developed with technology that has been

advanced and perfected over 90 years,

pbSecure™ is a system that can be applied

across different industries to prevent

fraudulent cases. Coupled with Pitney

Bowes’s team of experienced and dedicated

professionals, customers are assured a

customizable system perfectly tailored for

their companies’ needs.

More details regarding pbSecure are

available at http://growthmarkets.pb.com