by instnt | Nov 15, 2022 | Blog
The United Nations Office on Drugs and Crime (UNODC) reports that the amount of money laundered globally per year is approximately 2% – 5% of global gross domestic profit (GDP), which translates to $800 billion-$2 trillion. The expanding interconnectedness and...
by instnt | Nov 10, 2022 | Blog
Continuous identity assurance confirms an individual’s identity throughout the customer lifecycle. It satisfies Know Your Customer (KYC) verification guidelines by ensuring that applicant-provided evidence meets the appropriate level of assurance (LOA) rating....
by instnt | Nov 8, 2022 | Blog
Compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) laws and regulations have necessitated the evolution of transaction monitoring systems. A financial institution must have a foolproof and adaptable process for monitoring customers’ transactions...
by instnt | Nov 7, 2022 | Press
NEW YORK, Oct. 27, 2022 (GLOBE NEWSWIRE) — Instnt, the AI-managed customer acceptance platform that helps businesses accept and onboard more good customers for good, with up to a $100 Million fraud-loss protection and liability shift, launched Instnt...
by instnt | Nov 1, 2022 | Blog
Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations protect your financial institution and consumers. On a basic level, the requirements are straightforward. Firms should verify identities, check against prohibited lists and evaluate risk factors....
