by instnt | Apr 4, 2023 | Blog
Cyber risks make up an unprecedented global phenomenon expecting to cost the world 10.5 trillion annually by 2025. Businesses, utilities, financial services and governments are highly susceptible to cybercriminal threats because so much data is available everywhere....
by instnt | Feb 28, 2023 | Blog
In 2023, fraud risk management for financial institutions is more essential than ever before. Based on claims by Juniper Research, fraud loss will increase up to $48 billion in 2023, up from the $22 billion losses projected only five years earlier. Just as in 2022,...
by instnt | Jan 17, 2023 | Blog
Establishing reliable processes for customer due diligence (CDD) and customer risk rating assessments helps protect your institution. It also ensures compliance with Know Your Customer (KYC) regulations and prevents your organization from exposing itself to expensive...
by instnt | Jan 10, 2023 | Blog
In light of the recent economic downturn, many businesses are weighing the need for risk management with the desire to cut costs and increase revenue. Due to tighter budgets, business priorities have shifted. Three-quarters of chief risk officers (CROs) surveyed by...
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,...
