The rise of candidate fraud
AI has turned synthetic identities, deepfake interviews, and fabricated credentials into a real and growing risk, especially in remote hiring. Identity verification is moving earlier in the funnel as a result. SIA reports that 72% of buyers have encountered or suspected candidate fraud in their workforce program.
How Vetty solves for it:
Vetty pulls identity verification to the top of the funnel with live ID checks and automated name matching, so fraudulent and mismatched applications are caught before they consume recruiter time. Wag! used this approach to cut identity-related fraud by 75% while absorbing a 10x surge in applicant volume without missing a beat.
Speed as a revenue lever
For staffing firms, cycle time is not just a candidate experience metric. It is directly tied to gross profit. Every day a screen sits in queue is a day a placement is not billing. Industrial staffing is the weakest segment in the report, with only 57% of firms satisfied with the speed of their checks.
How Vetty solves for it
Vetty is built for staffing speed, with a mobile-friendly candidate flow, automated reminders, real-time status visibility, and native ATS integrations that eliminate manual handoffs. Instant Teams cut turnaround time from six days to four and increased speed-to-hire by 33%. Paramount Staffing fulfills more than 1,000 placements a year with significantly less admin time, thanks to a Bullhorn integration that pushes screening status directly into the staffing workflow.
The widening trust stack
Screening is no longer a standalone transaction. It is becoming part of a connected workflow that spans identity verification, compliance, and post-hire credential monitoring across the employment lifecycle.
How Vetty solves for it
It is exactly the kind of unified approach we have built into VettyVerify, VettyOnboard, and VettyComply. Vetty unifies the full trust stack in a single platform. HHS used this unified approach to cut pre-screening spend by 47%, improve turnaround time by 60%, and reduce support tickets by 14%, all from one connected platform instead of a patchwork of vendors.
Specialization beats scale alone
Consolidation is reshaping the top of the market, but SIA notes meaningful room for providers who go deep on specific verticals and workflows. The Big Four hold 58% of the global market, which leaves 42% to specialists and challengers who compete on depth, speed, and fit.
How Vetty solves for it
Vetty competes on depth, not breadth. We serve ten verticals with tailored solutions, from healthcare and staffing to gig marketplaces and remote work. The result is a platform that adapts to how modern hiring teams actually work, rather than forcing them into a one-size-fits-all enterprise mold.
