Is it possible the focus on fraud is outweighing our ability to sign up more customers? Online businesses put delivering frictionless customer experience as a top priority, yet existing fraud prevention programs are blocking up to 40% of good customers. Then why do...
Fraud losses are unavoidable by financial institutions, but can be mitigated with proper fraud protection, banks can free up capital by shifting fraud loss liability, maintaining compliance with Basel III, all the while improving topline growth. Instnt enabled a bank...
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...
Watch Ryan Alexander, VP of Product at Prove and our own CEO & Founder, Sunil Madhu discuss how advanced phone-centric techniques are helping companies fight onboarding fraud, friction, and drive more revenue.