by instnt | May 24, 2021 | Blog
Digital transformation has accelerated how we do business in 2021 and beyond. A report from Digital Banking Report on Digital Lending and Account Opening shows that 85% of financial institutions enabled customers to apply for a loan online. Driving customer...
by instnt | Apr 14, 2021 | Blog
For a new start-up, it’s a challenge to determine who we are and what our culture will look like: we have money to worry about, searching for the best talent while not always being able to offer what the fancy tech companies can. But throw a pandemic in the mix, and...
by instnt | Mar 17, 2021 | Blog
Think of digital customer onboarding like you would a budding relationship. If things work out, it’ll last forever. If not, you might face an ugly breakup and need to start over. You’re no expert at this stuff. You’re doing your homework and making up the rules as you...
by instnt | Feb 10, 2021 | Blog
What is Synthetic Identity Theft? Synthetic identity theft is a type of fraud in which a criminal combines real and fake information to create a new identity. This synthetic identity is used to open fraudulent accounts and make fraudulent purchases. Fraudsters...
by instnt | Jan 20, 2021 | Blog
Banks were among the first businesses to use computing technology to streamline their business. Bank of America pioneered electronic check processing with ERMA (Electronic Recording Machine, Accounting) in the 1950s. Fast-forward to today where banks are using cloud...