Why Credit Unions Need Embedded Fraud Protection

Why Credit Unions Need Embedded Fraud Protection

Fraud isn’t just rising, it’s accelerating and evolving. According to new data from the Federal Trade Commission, consumers lost over $12.5 billion to fraud in 2024, a 25% increase over 2023. That’s not just a warning, it’s a wake-up call. Credit unions, in...
AI Can Spot Fraud, But What About the Loss?

AI Can Spot Fraud, But What About the Loss?

Fraud prevention has quickly become one of the most pressing challenges for businesses. With the increase in online transactions, data breaches, and sophisticated cybercriminal activity, companies need to stay ahead of the curve to safeguard their assets and...
3 Common Challenges in Digital Onboarding

3 Common Challenges in Digital Onboarding

At Instnt, we’re dedicated to making digital onboarding seamless, secure, and inclusive. However, digital onboarding challenges still persist despite efforts to streamline the process. In today’s fast-paced world, first impressions matter. A smooth onboarding...
Reducing the Friction in Bank Customer Onboarding

Reducing the Friction in Bank Customer Onboarding

The banking industry infamously divides itself into silos to address different aspects of the business, which can be problematic for customers who think they are dealing with a single entity. This can be especially difficult during onboarding and security checks, when...

Outsmarting First-Party Fraud with a More Proactive Solution

The term “fraud” has become a catch-all for some financial institutions, which sometimes downplay these occurrences as mere nuisances rather than genuine threats. However, the stark reality is that fraud, including first party fraud, has given rise to a multitude of...