Tag / Articles
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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 […] -
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 […] -
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 […] -
Ensure S-1 Accuracy: Investment Banking Due Diligence In the fast-paced world of investment banking, the allure of high returns can sometimes overshadow the importance of thorough due diligence, especially during the pre-IPO phase. One of the most critical documents in this process is the S-1 registration statement, a detailed disclosure required by the U.S. Securities and Exchange Commission (SEC) for companies planning […] -
Four Common Mistakes Made by Investigation Teams Without Native Speakers Ensuring Accuracy in Complex Analyses Precision and depth of information are paramount in international due diligence and reputational checks. While digital tools like Google Translate offer convenience and speed in language translation, they often fail to deliver the accuracy required for thorough due diligence processes. The complexity of pre-transaction background checks, where every detail matters, […] -
Due Diligence for Non-Bank Lenders: Painting a Risk Profile Direct lending transactions are complicated and deal timelines are only getting tighter, which means that an effective background check and due diligence process is crucial.