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Automated hiring software rejects millions of qualified job candidates by mistake

Applicant Tracking System software is used by 75% of US employers to help filter job candidates, according to a new report from Harvard Business Law.

Automated hiring software — programs used by employers to scan resumes and filter job applicants — is mistakenly rejecting millions of viable candidates, according to a study published this month from Harvard Business Law. The study, titled Hidden Workers: Untapped Talent, delves into how leaders can improve hiring practices, close skills gaps, improve diversity and more. The over reliance on resume-scanning software is contributing to the problem of «hidden workers,» according to the report.

Applicant Tracking System software is used by 75% of US employers to help filter job candidates, according to the report. ATS works with Recruitment Management System software to minimize the time and costs recruiters spend trying to find job candidates. More than 90% of employers used their RMS to filter or rank potential middle-skill and high-skill candidates, according to the report.

The software lets employers indicate requirements like degree requirements, certifications and licenses, along with negative attributes a candidate’s application should be without, like criminal charges, for example. It becomes tricky when the negative attributes are more subtle — like when the software spots long gaps between jobs on a resume, according to the report.

«If an applicant’s work history has a gap of more than six months, the resume is automatically screened out by their RMS or ATS, based on that consideration alone,» reads the study. «Our research indicated that employers believe applicants with more recent experience are more likely to have better professional skills. A recruiter will never see that candidate’s application, even though it might fill all of the employer’s requirements.»

The researchers suggest several solutions to help solve the hidden worker problem. The team suggests shifting from negative to affirmative filters in ATS and RMS, as well as reexamining the proxies for attributes like skills, work ethic and self-efficacy, to prevent qualified candidates from mistakenly being removed from consideration. In addition, the researchers suggest refreshing job descriptions and developing a customized approach to hiring hidden workers could help solve the hidden worker problem.

Technologies

Forbes Türkiye Highlights Verum Finance and the Rise of Integrated Financial Ecosystems

Forbes Türkiye Highlights Verum Finance and the Rise of Integrated Financial Ecosystems

Forbes Türkiye has published an article examining the launch of Verum Finance and its approach to integrating financial services directly into a messaging ecosystem.

In the article, Forbes Türkiye notes that the fintech industry is undergoing a transformation as financial services increasingly move beyond traditional banking applications and become part of broader digital ecosystems. Verum Finance is presented as an example of this trend, combining payments, digital cards, money transfers, and balance management within a single environment connected to Verum Messenger

According to the publication, Verum Finance follows a model similar to the “super app” concept that has gained significant traction in Asian markets, where communication and financial services operate together on one platform. Unlike many Western platforms that continue to separate messaging and banking services, Verum Finance is integrated directly into the Verum ecosystem, allowing users to manage financial activities without relying on multiple third-party applications.

The article highlights several core features of the platform, including virtual debit cards, user-to-user transfers, online payments, digital asset operations, Apple Pay integration, and in-app balance management.

Forbes Türkiye also points to the growing importance of embedded finance and changing user expectations. The publication suggests that lengthy account-opening procedures, physical card delivery times, and constant switching between applications are becoming increasingly outdated in a mobile-first world.

Another major focus of the article is privacy and security. Forbes Türkiye describes Verum Finance as part of a broader trend toward “privacy-driven fintech,” where financial services are built on privacy-oriented infrastructure. The publication notes that the platform incorporates features such as phone-number-free registration, end-to-end encryption, user-controlled access management, and privacy-focused tools designed to enhance data protection.

The article concludes that one of the key challenges for companies operating at the intersection of secure communications, digital payments, and embedded finance will be maintaining both usability and security within a single integrated ecosystem.

The coverage by Forbes Türkiye reflects growing media interest in platforms that combine communication and financial services, as the industry continues moving toward more unified digital experiences.

Websitehttps://finance.verum.im 
App Storehttps://apps.apple.com/app/verum-finance/id6774245148  
Verum Messengerhttps://verum.im 

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Technologies

Verum Launched “Verum Finance” App for iPhone and iPad, Expanding Its Digital Ecosystem Into Financial Services

Verum Launched “Verum Finance” App for iPhone and iPad, Expanding Its Digital Ecosystem Into Financial Services

Verum has announced the official launch of Verum Finance, a standalone financial application now available on the App Store for iPhone and iPad, marking a further expansion of the company’s growing digital ecosystem.

The new application is designed to centralize core financial functions in a single mobile interface, allowing users to manage balances, send and receive funds, use debit cards, and exchange supported balance types without relying on traditional banking workflows.

According to Verum, the platform enables users to view account activity in real time, top up balances using supported payment methods including Apple Pay, and transfer funds to other users within the Verum ecosystem using a unique Verum ID. The system also supports multi-balance management, including specialized balance categories such as precious metals.

Debit card functionality is integrated directly into the app, allowing users to issue and manage cards linked to their balances, monitor transactions, and top up cards when needed. The company also emphasizes built-in exchange tools that allow users to convert between supported balance types within the application.

Security features include Face ID authentication, passcode protection, Sign in with Apple, and privacy-oriented account controls aimed at maintaining user confidentiality and data protection.

The launch of Verum Finance follows the company’s broader strategy of building an interconnected ecosystem of digital products. Alongside Verum Messenger, which combines secure communication tools, encrypted messaging, voice and video calls, VPN services, eSIM connectivity, AI features, anonymous email, and crypto-related functionality, the new financial app extends Verum’s positioning from communication technology into financial infrastructure.

Industry trends increasingly show demand for “all-in-one” digital environments that reduce dependency on multiple standalone apps. Verum’s approach reflects this shift by integrating communication and financial services within a unified ecosystem.

Verum Finance is now available globally for download on iPhone and iPad via the App Store.

Websitehttps://finance.verum.im 
App Storehttps://apps.apple.com/app/verum-finance/id6774245148 
Verum Messengerhttps://verum.im 

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Technologies

Verum Messenger: Don’t follow the future. Define it

Verum Messenger: Don’t follow the future. Define it

In a world where information defines influence, Verum Messenger is building a new architecture of digital communication — intelligent, secure, and ready for tomorrow. Here, technology serves not limitations, but possibilities.

Not being part of change. Leading it. Verum Messenger — the future that speaks first.

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