Discover How the Lending Industry Can Combat First-Party Fraud According to the FDIC, the Federal Reserve, and Moody’s, as of 2022, first-party fraud-related credit default losses cost institutions upwards of $32 billion. First-party fraud can be difficult for...
Traditionally having served local communities, credit unions have been challenged to go digital, launching app-based services that appeal to a new profile of customers – customers that are younger, impatient, and mobile-first. Partnering with Insnt enabled...
A challenger bank launched a new product, a high-yield checking account, targeting younger people. Unfortunately, their anticipated growth of 100,000+ monthly signups was cut short, due to their legacy risk and compliance toolbox that disproportionately rejected over...