FA FIRST ADVANTAGE CORP NEW

First Advantage Introduces Next-Gen RightID™ to Detect Job Applicant Fraud in Pre-Hire Process

First Advantage Introduces Next-Gen RightID™ to Detect Job Applicant Fraud in Pre-Hire Process

Multi-Layered Approach Designed to Flag Inconsistencies and Deep-Fake Efforts Delivers a Consistent, Secure Solution to Growing Problem

ATLANTA, March 11, 2024 (GLOBE NEWSWIRE) -- First Advantage Corporation (NASDAQ: FA), a leading provider of employment background screening, identity, and verification solutions, today announced the availability of its next-gen RightID™ identity fraud solution for U.S. employers, building on the success seen in expanding its digital identity solutions internationally in countries such as the U.K., India, Australia, and Canada. Designed to flag inconsistencies in a job applicant’s identity, RightID leverages responsible generative AI and machine learning to help recognize potential errors in identity information submitted, or even potentially fraudulent or false identity information, when intaking new applicants in real-time. Integrated with First Advantage’s Profile Advantage® applicant platform, RightID combines multiple levels of dynamic technology to seamlessly discover inconsistencies in applicant-provided information, mitigate risks in the pre-hire process, and deliver a convenient, secure identity fraud solution to a growing problem.

With industry research indicating a sharp uptick in applicant fraud and stark warnings from the FBI about the use of deep fakes, employers have started to recognize emerging identity fraud concerns and the importance of fraud mitigation solutions. Employing fraudulent applicants could result in creating significant reputational distrust and potential safety concerns for employees and customers while increasing overall onboarding costs. RightID’s liveness detection and document validation technologies, combined with knowledge-based techniques, identify potential counterfeits and possible deep fake efforts to help create a robust defense against identity fraud.

Operating in real-time, RightID sends alerts to customers instantly before the formal background check takes place. With the comprehensive RightID solution built into existing integration workflows, employers benefit from finding potential identity fraud or likely errors in applicant data entry while keeping the hiring process fast and easy.

Joelle Smith, President, Data, Technology, and Experience for First Advantage, shared, “In today’s dynamic hiring landscape, fraudulent activities are on the rise, as are the costs of recruiting and making the wrong hire. With many organizations across industries continuing to rely on remote talent acquisition methods, it is more important than ever to create a practice of efficiently flagging inconsistencies and recognizing potential errors in identity information of applicants to stop fraud before it results in a mis-hire. RightID offers that solution earlier in the process, without adding friction to the overall applicant experience.”

For more information about RightID for identity fraud, visit .

Hear from First Advantage experts Irina Kovach, Senior Vice President and Mike Cook, Vice President of Product Management, as they discuss the challenges and present the latest options available to help HR teams “Foil the Fakes in Today’s Virtual Job Applicant World” in a .

About First Advantage

First Advantage (NASDAQ:FA) is a leading provider of employment background screening, identity, and verification solutions. First Advantage delivers innovative services and insights that help customers manage risk and hire the best talent. Enabled by its proprietary technology, First Advantage helps companies protect their brands and provide safer environments for their customers and their most important resources: employees, contractors, contingent workers, tenants, and drivers. Headquartered in Atlanta, Georgia, First Advantage performs screens in over 200 countries and territories on behalf of more than 30,000 customers. For more information about First Advantage, visit its website at .



Note to editors: Trademarks and registered trademarks referenced herein remain the property of their respective owners. 

Media Contact:
Mariah Mellor
Director, Corporate Communications
 
EN
11/03/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on FIRST ADVANTAGE CORP NEW

 PRESS RELEASE

First Advantage Reports Second Quarter 2025 Results

First Advantage Reports Second Quarter 2025 Results Reaffirms Full Year 2025 Guidance Second Quarter 2025 Highlights1 Revenues of $390.6 millionNet Income of $0.3 million, a net income margin of 0.1%, includes $7.3 million of expenses related to the acquisition of Sterling Check Corp. (“Sterling”) and related integration, and $41.3 million of Sterling depreciation and amortizationAdjusted Net Income of $47.0 millionAdjusted EBITDA of $113.9 million; Adjusted EBITDA Margin of 29.2%GAAP Diluted Net Income Per Share of $0.00, includes $0.03 per share of expenses incurred related to the ...

 PRESS RELEASE

First Advantage to Release Second Quarter 2025 Financial Results and H...

First Advantage to Release Second Quarter 2025 Financial Results and Hold Investor Conference Call on August 7, 2025 ATLANTA, July 17, 2025 (GLOBE NEWSWIRE) -- First Advantage Corporation (NASDAQ: FA), a leading provider of global software and data in the HR technology industry, will issue its second quarter 2025 financial results on Thursday, August 7, 2025 prior to the Company’s earnings conference call, which will be held at 8:30 a.m. ET on the same day. Conference Call Details To participate in the conference call, please dial 800-445-7795 (domestic) or 785-424-1699 (international) ...

 PRESS RELEASE

First Advantage to Host Inaugural Investor Day and Introduce Long-Term...

First Advantage to Host Inaugural Investor Day and Introduce Long-Term Financial Targets ATLANTA, May 27, 2025 (GLOBE NEWSWIRE) -- First Advantage Corporation (NASDAQ: FA), a leading provider of global software and data in the HR technology industry, will host its inaugural Investor Day in New York City and webcast live tomorrow, Wednesday, May 28, 2025. Please note that presentations will now begin at 8:30 a.m. ET, 30 minutes earlier than previously communicated. The event is expected to conclude at approximately 11:30 a.m. ET. Scott Staples, Chief Executive Officer, will be joined by ...

 PRESS RELEASE

First Advantage to Participate in Upcoming Investor Conferences

First Advantage to Participate in Upcoming Investor Conferences ATLANTA, May 20, 2025 (GLOBE NEWSWIRE) -- First Advantage Corporation (NASDAQ: FA), a leading provider of global software and data in the HR technology industry, today announced that the Company’s management team will participate in the following investor conferences in June: William Blair 45th Annual Growth Stock ConferenceDate: Tuesday, June 3, 2025Location: Chicago, IllinoisFormat: Webcast at 11:00 AM ET and investor meetings Stifel 2025 Boston Cross Sector 1x1 ConferenceDate: Wednesday, June 4, 2025Location: Boston, Mas...

 PRESS RELEASE

First Advantage Reports First Quarter 2025 Results

First Advantage Reports First Quarter 2025 Results Reaffirms Full Year 2025 Guidance First Quarter 2025 Highlights1 Revenues of $354.6 millionNet Loss of $(41.2) million, a net loss margin of (11.6)%, includes $15.3 million of expenses related to the acquisition of Sterling Check Corp. (“Sterling”) and related integration, and $41.2 million of Sterling depreciation and amortizationAdjusted Net Income of $30.5 millionAdjusted EBITDA of $92.1 million; Adjusted EBITDA Margin of 26.0%GAAP Diluted Net Loss Per Share of $(0.24), includes $0.07 per share of expenses incurred related to the Ster...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch