by instnt | Jan 10, 2023 | Blog
In light of the recent economic downturn, many businesses are weighing the need for risk management with the desire to cut costs and increase revenue. Due to tighter budgets, business priorities have shifted. Three-quarters of chief risk officers (CROs) surveyed by...
by instnt | Jan 6, 2023 | Blog
eCommerce business owners and marketers might think that once a customer clicks the Buy or Check Out button, the hard part is over. After all, attracting the customer to a site or app and presenting the merchandise in an attractive, compelling way are the most...
by instnt | Jan 4, 2023 | Blog
Where there’s growth, there’s opportunity. Unfortunately, while U.S. eCommerce orders were exploding at an unprecedented rate of 110% year-over-year, the bad actors weren’t sitting idle. eCommerce fraud is growing tremendously as well with several developments...
by instnt | Jan 3, 2023 | Blog
Know Your Customer, or KYC, is a regulatory requirement that maintains trust between a customer and a financial institution. As a result, KYC underpins the global economy. For financial institutions, it is essential to prove that customers are honest about their...
by instnt | Dec 20, 2022 | Blog
With inflation at a four-decade high and fraud costs and volume higher than ever for financial services, it’s a difficult time for CFOs around the world. According to a study by LexisNexis® Risk Solutions, the cost of fraud has increased up to 9.9% for financial...
