RELIABLE BACKGROUND SCREENING INDUSTRY NEWS AND ARTICLES
Industry news, helpful tips, and valuable insight from the Reliable Background Screening Team.
Vendor Screening Protects Your Company
Vendor screening is an essential part of any company's procurement process. It involves an assessment of potential suppliers and vendors to determine their suitability and reliability to meet your company's needs. Vendor background checks help protect against dangerous criminals, as they allow companies to verify the criminal history of potential vendors and assess the risk of doing business with them. By conducting background checks, companies can uncover criminal records, including convictions for violent crimes, fraud, theft, or other offenses that could pose a risk to your company. Performing criminal background checks on vendors involves conducting a search of public records to identify [...]
Continuous Criminal Monitoring Increases the Job Applicant Pool
Many companies today are facing challenges finding applicants to fill their open employment positions. In spite of a variety of online avenues to promote job availability, the pool of applicants seems inadequate. One method to increase the universe of potential hires is to implement Continuous Criminal Monitoring. Performing pre-employment background checks has been the norm. By implementing a system of Continuous Criminal Monitoring, the ongoing criminal history of existing employees can also be scrutinized. Here are some of the reasons that Continuous Criminal Monitoring can help increase the job applicants you need, while also benefiting your company in other ways. Provide a [...]
Importance of Consistent Background Checks Across the Franchise Network
Franchises operate on a business model where a parent company, the franchisor, grants the right to use its brand name, business model, and support system to individual franchisees. As a result, maintaining brand consistency is critical for the success of a franchise. One important aspect of this consistency is having a standardized approach to background checks across the entire franchise brand. Here are some reasons why consistent background checks across the franchise network are important for franchises: Protecting the brand: A franchise's reputation and brand image are crucial to its success. By conducting consistent background checks across all franchise locations, the franchisor [...]
Consumer Financial Protection Bureau Issues Report on the Three Credit Bureaus
Earlier this month, the Consumer Financial Protection Bureau (CFPB) issued its report on the three nationwide consumer reporting agencies (NCRAs)—Equifax, Experian, and TransUnion, the three main credit bureaus in the United States. The CFPB is required by the Fair Credit Reporting Act (FCRA) to provide an annual report that summarizes the outcomes of consumer complaints lodged with the CFPB against these three credit reporting companies. The report was based upon 488,000 consumer complaints that the CFPB received from October 2021 through September 2022, regarding Equifax, Experian and TransUnion. It showed some improvement in the response by the credit bureaus relative to their [...]