by instnt | May 17, 2022 | Blog
As a new method of payment appearing next to an item’s price on a product page or at checkout, Buy Now, Pay Later (BNPL) is a growing category among payment options, especially online. It is a type of installment plan that typically lets consumers put down 25% of the...
by instnt | May 10, 2022 | Blog
Identity fraud scams are an escalating threat to consumers and businesses. Fraud losses in 2020 alone amounted to $56 billion, according to Businesswire. What is happening when loan fraud occurs, and how can the growing threat be prevented? Discover some of the...
by instnt | May 3, 2022 | Blog
As the effects of the pandemic continue, online transactions, especially those related to financial services, will continue and even increase. The number of mobile banking registrations tripled early on, in April 2020, according to an analysis by Fidelity National...
by instnt | Mar 1, 2022 | Blog
Challenger banks and neobanks are digital-first banks that deliver their services primarily through mobile apps. These include traditional offerings like checking accounts, debit cards, credit cards and loans. However, despite the word “bank” in their name, these...
by instnt | Feb 21, 2022 | Blog
It’s been widely reported that banks are losing ground worldwide when it comes to the war on crime. That includes new account fraud. Yet the cost alone does not begin to tell the entire story. These criminal activities can damage a bank’s reputation and destroy the...
