by instnt | Jan 3, 2023 | Blog
Know Your Customer, or KYC, is a regulatory requirement that maintains trust between a customer and a financial institution. As a result, KYC underpins the global economy. For financial institutions, it is essential to prove that customers are honest about their...
by instnt | Nov 1, 2022 | Blog
Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations protect your financial institution and consumers. On a basic level, the requirements are straightforward. Firms should verify identities, check against prohibited lists and evaluate risk factors....
by instnt | Sep 15, 2022 | Blog
Is it time to adopt crypto? Personal banking clients and institutional investors are increasingly expressing interest in this asset class as well as in the distributed ledger technology (DLT) that underlies it — e.g., the blockchain. Indeed, it’s not just startups,...
by instnt | Sep 6, 2022 | Blog
With the digitization of services used by both consumers and businesses on a daily basis, there is an increasing reliance on the use of identity to access and make use of apps, devices, and networks. Our identity not only allows us to access an app but can also...
by instnt | Aug 9, 2022 | Blog
Most companies are aware of the threat of fraudulent account creation and take significant measures to prevent it from happening. While this is a solid strategy, it’s important to be aware of the threat of account takeover (ATO) fraud as well. Account takeover fraud...
