by instnt | Jun 14, 2024 | Blog
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...
by instnt | Jun 14, 2024 | Blog
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...
by instnt | Jun 14, 2024 | Blog
Consumer lending in the on-demand economy has created new opportunities for individuals and businesses with limited credit histories or financial data, commonly known as “thin files.” The rise of alternative credit scoring models, driven by technological...
by instnt | Apr 16, 2024 | Blog
Outdated IDs, lost or stolen passwords, or user wrongdoing demands the ability for both issuers and holders to revoke credentials. A centralized system relies on a main database, typically one per application. Users are able to revoke their credentials through each...
by instnt | Apr 2, 2024 | Blog
Online fraud is on the rise, with perpetrators employing increasingly sophisticated methods to tap into the growing stream of online payments and transfers. The industry has responded in kind with state-of-the-art identity verification and fraud detection tools,...
