Instnt has been recognized as a winner in the AI Finance category of Newsweek’s AI Impact Awards for its AI-powered approach to combating fraud. Our platform helps businesses reduce fraud risks, transfer residual losses to the insurance market, and save millions in operational and treasury costs.
Instnt CEO Sunil Madhu sat down with Newsweek to discuss the global impact of fraud and how AI can protect businesses while improving efficiency.
“Our viewpoint is not so much that we have to try to stop fraud,” Madhu explained, “but that no two types of fraud losses are created equal. Most fraud prevention tools operate in a binary good-or-bad framework. We take a more nuanced approach, making decisions based on expected losses, which allows businesses to optimize how many legitimate customers they let in.”
Read More Here: https://www.newsweek.com/nw-ai/ai-impact-awards-2025-finance-2087590
