Veda announces acquisition of Verify

Sydney, Australia; 19 October 2011: Veda, Australasia’s leading provider of commercial and consumer data intelligence and insights, today announced the acquisition of employment verification services business, Employment Verification.
The acquisition of Employment Verification is a natural fit with Veda’s existing portfolio of identification, verification, fraud, and risk assessment services. Veda’s resources will help to increase the breadth of Employment Verification’s verification capability, and strengthen its technology, infrastructure and processes.
Veda CEO, Nerida Caesar, said “Employment verification and background checking of individuals is an area of rapid growth for organisations across the world and Veda’s strategy was to deliberately acquire the fastest growing company in this space.”
Employment Verification’s comprehensive range of candidate and employee background verification and onboarding services enable organisations and individuals to help make well informed employment decisions, help meet necessary compliance requirements and help mitigate business risk. Its services include more than 75 different checks from basic identity to criminal record checks, pre-employment medicals, financial background checks, performance history checks, qualification checks, licence checks and psychometric testing.
Employment Verification CEO, Greg Newton said “We see Veda as a natural home for Employment Verification. Veda’s committed and intelligent approach to strategic growth in the verification and vetting service market will help to accelerate the growth and development of Employment Verification’s services.”