The RightThing Acquires AIRS, First-of-Kind Recruitment DealAcquisition Combines Best-in-Class Services with Award-Winning Recruitment Software and Training SolutionsFebruary 18, 2008 The RightThing, a leader in customized recruitment process outsourcing (RPO) announced Monday the acquisition of AIRS, an award-winning recruitment training and sourcing technology company, based in Wilder, VT. AIRS will remain in Vermont at current staffing levels, according to the company.The acquisition will enhance The RightThing’s services by integrating AIRS recruitment sourcing software as well as training solutions, delivering customers a comprehensive suite of tools. AIRS A-list clients, including 70 percent of the Fortune 500, will benefit from The RightThing’s strong customer service as well as scalable and customized end-to-end recruitment options. AIRS products and training solutions will remain intact under The RightThing’s family of services.”The RightThing is very excited to welcome AIRS to the family,” said Terry Terhark, president and CEO of The RightThing. “AIRS thrives on innovation as does The RightThing, the synergy and cultural match of these two companies could potentially be the biggest thing this industry has seen with best-in-class technology, products, efficiency and power.”As the leader in recruitment process outsourcing, The RightThing has been building momentum since its inception in 2003 with exponential employee, client and revenue growth year after year, and award-winning thought leadership. With sourcing tools and training that help recruiters find the best talent, AIRS, founded in 1997, has experienced a 40 percent growth rate the past three years.”The RightThing and AIRS is a powerful combination of technology enabled services,” said Jason Corsello, vice president of Knowledge Infusion. “This has truly created a one-stop shop for any company’s entire recruiting and sourcing needs.””Together, The RightThing and AIRS will undoubtedly become one of the fastest growing recruiting solutions company in the industry,” said Chris Forman, president of AIRS. “Joining The RightThing will create a true paradigm shift for recruiting solutions. By offering top-notch services, technology and thought leadership under one unified company we will provide better hires and better outcomes to all of our clients.”Financial details were not disclosed.###About The RightThingAs the market leader in Recruitment Process Outsourcing, The RightThing redefines organizations’ approach and attitude towards recruiting and hiring processes. By developing and implementing strategic procedures for both national and global assignments, The RightThing consistently meets and exceeds client goals. Both short and long-term projects benefit from The RightThing’s smart solutions. For more information please visit http://www.rightthinginc.com(link is external).
30SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Ann Davidson Ann assists credit unions in identifying areas of risk in their operations and recommends sound loss control measures to help reduce loss exposures.Davidson has over 40 years working with … Web: www.alliedsolutions.net Details Various financial institutions around the country have experienced counterfeit activity resulting from “PINless” debit transactions, some of which have led to losses in excess of $100,000. PINless debit authorizations involve purchases under $50.00 that do not require consumers to key in a PIN or supply a signature at a point-of-sale device (POS). As EMV technology continues to be adopted by merchants, more and more of them will choose to enable PINless debit transactions, to offer consumer convenience and reduced interchange fee costs, and fraudsters are taking full advantage.When a merchant allows PINless debit transactions, fraudsters can more easily use stolen card information, since they are not being asked to supply a PIN or any other authentication when making these types of purchases. An account holder’s card may be used multiple times prior to the fraudulent activity being detected. So fraudsters make numerous PINless transactions and walk away with big rewards. Here are steps you should take to help mitigate PINless debit fraud exposure:Confirm that your card processor’s fraud monitoring system recognizes and is paying special attention to PINless debit transactions at the POS, especially recurring transactions at the same location. Make sure you are not one of the many financial institutions that haven’t signed up for their card processor’s program to monitor PINless debit authorizations.See if your financial institution can decline all debit authorizations that are conducted without a PIN, and consider disallowing these transactions if this option is in fact permissible.Check that all networks used for PINless debit authorizations are in place with your card processor, so that you can monitor PINless debit authorizations. Ensure your fraud monitoring system has strategies in place to help address any uptick in PINless debit fraud exposure. Connect with you card processor to make sure they have velocity parameters in place for transactions requiring PINless debit authorizations.Consider blocking and reissuing cards that may have been impacted by a data breach, as this card data could potentially be compromised. Confirm your fraud monitoring system is identifying “chip PINless” authorizations and confirm strategies are in place to monitor and prevent PINless fraud exposure on these cards.Understand your card association’s PINless debit network liability rules, since Visa and Mastercard do not apply the same zero-liability program benefits to PINless debit.Understand the Durbin rights and how PINless debit transactions are routed. Read articles about how your account holders could be affected by PINless debit fraud.Educate your account holders! You will likely see a large decrease in risk exposures if your account holders know what they can do to protect themselves. Your financial institution should continue to learn about PINless debit fraud so that you can fully understand the risks and take actions to help mitigate this type of debit card exposure. This content was previously published in Allied Solutions’ Risk Alert newsletter. Click here to sign up for this email list.