by instnt | Oct 4, 2021 | Blog
Simply put, an algorithm is a process or set of rules to be followed to achieve a particular goal. The number of operations or set of rules within that algorithm is important to data scientists because the most efficient algorithms optimize an organization’s workflow....
by instnt | Sep 7, 2021 | Blog
With fintech solutions, apps, and services popping up everywhere, their convenience has led to concerns about security and privacy. Not every banking and fintech app is used for the same purpose, and the data — and funds — held in one app are most likely not identical...
by instnt | Aug 30, 2021 | Blog
In this fast-paced and increasingly global consumer market, data is everything. Businesses that learn to wield their data effectively make headway over competitors who don’t. Data science as a profession is uniquely situated to capitalize upon this trend by providing...
by instnt | Aug 9, 2021 | Blog
Digital onboarding is hot. As commerce and services continue their tectonic shift online, accelerated by the COVID pandemic, digital onboarding services are becoming the new gatekeepers. Recognizing the massive market opportunity, incumbents are consolidating and...
by instnt | Jul 12, 2021 | Blog
As the digital world expands and global connectivity grows, customer identity verification is increasingly vital to prevent fraud, especially in the fintech industry. Technology continues to advance, causing criminal activity to diversify and necessitating that all...
by instnt | Jun 14, 2021 | Blog
Financial institutions need to sign-up more good customers in a frictionless and compliant way. But with fraud growing exponentially, how can financial institutions ensure that the new customers they are onboarding are not fraudsters? First, they must optimize digital...