Tag / Articles
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All You Need to Know About Politically Exposed Persons
Politically exposed persons (PEPs) pose significant risk to financial institutions. These individuals are significantly more likely than the general public to engage in financial a..
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The Shifting Nature of Background Checks in Venture Capital
In recent years, the VC community has started to rethink its traditional approach to the role of background checks in the due diligence process. Historically, VC firms have taken a ‘check-the-box’ approach to background checks to vet company founders, believing that reliance on their networks and in-person interactions with founders would counter-act any downsides of […]
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The Role of Court Runners in Thorough Public Records Searches
What is a Court Runner? Court runners are responsible for transporting documents to or from a court. These individuals can work for law firms or be independently contracted to deliver and pick up the documents promptly, given the time-sensitive nature of most use cases. These court runners are essential for retrieving documented information from counties […]
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Preventing SMB Lending Fraud Through ID Verification
Preventing SMB Lending Fraud Through ID Verification Small Business and Mid-size Business (SMB) lending fraud is on the rise. Respondents of a LexisNexis survey in 2023 disclosed fraud had increased an average of 14.5% year-over-year, a significant increase from the year prior (6.9%). Bogus business credentials and fake consumer/owner identities remain the most common type […]
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HUMINT: The Difference Between Discreet Interviews and Reference Checks
What Are Discreet Interviews? Discreet interviews, also known as discreet source work or human intelligence (HUMINT) is information provided by human sources, not public records (courthouses, files, documents, etc.). How Are They Different from Reference Checks? Unlike reference checks that are provided to the client or background check firm by the subject being evaluated, discreet […]
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The Vital Role of Discreet Interviews and Human Intelligence in Data-Scarce Environments
Human intelligence refers to the collection of information from human sources in the context of reputational due diligence and background checks. This can include discreet interviews, conversations, and other forms of direct interaction with individuals who possess knowledge of interest. Pairing open-source intelligence (OSINT) with human intelligence (HUMINT) creates a finished intelligence product. In many […]