by instnt | Jun 14, 2024 | Blog
Consumer lending in the on-demand economy has created new opportunities for individuals and businesses with limited credit histories or financial data, commonly known as “thin files.” The rise of alternative credit scoring models, driven by technological...
by instnt | Apr 16, 2024 | Blog
Outdated IDs, lost or stolen passwords, or user wrongdoing demands the ability for both issuers and holders to revoke credentials. A centralized system relies on a main database, typically one per application. Users are able to revoke their credentials through each...
by instnt | Apr 2, 2024 | Blog
Online fraud is on the rise, with perpetrators employing increasingly sophisticated methods to tap into the growing stream of online payments and transfers. The industry has responded in kind with state-of-the-art identity verification and fraud detection tools,...
by instnt | Mar 5, 2024 | Blog
Sunil Madhu, Founder and CEO of Instnt, speaks to FFNews to discuss how we’re aiming to ease the burden of fraud loss whilst helping financial institutions onboard more customers “A bank account, credit card or loan should be accessible to everyone,...
by instnt | Nov 14, 2023 | Blog
As Anti-Money Laundering (AML) and Know Your Customer (KYC) fines increase worldwide, digital onboarding tools and KYC insurance can help protect businesses in the face of fraud. After all, consumers are wary of financial institutions associated with fraudulent...
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....
