by instnt | Sep 12, 2023 | Blog
Fraud detection systems categorize applicants based on historical data. While optimized for accuracy, not all platforms mitigate risks due to misidentifying individuals as fraudsters. High rejection rates can hinder business growth and increase operational risk....
by instnt | Jun 27, 2023 | Blog
It has increasingly become commonplace for companies of every size to hold massive quantities of data. Further, the resulting datasets often exceed the memory of a single machine. This change in the value placed on even the most seemingly trivial data forces data...
by instnt | Jun 20, 2023 | Blog
Customers want enhanced, personalized experiences from nearly every company they deal with — especially their primary financial institution. To offer that, your organization will need data — lots of data. And along with that comes the tacit expectation that your...
by instnt | May 30, 2023 | Blog
Fintech and regtech undeniably deliver expandable capabilities that transform financial service offerings across the industry. While fintech provides quicker and more convenient options to adopt digital banking, regtech accompanies compliance officers or regulatory...
by instnt | May 17, 2023 | Blog
The speculation around FedNow Service refuses to die down. Although a real-time payment system already exists in the U.S. in the form of TCH-based RTP, traditional real-time payments have seen a slower growth rate. What’s more, 40% of B2B payments still use paper...
