Instnt Inc. is a public benefit corporation on a mission to bring inclusion and instant account opening experiences for businesses and their customers.
We cannot expect humans to be perfect at writing complex waterfall rules to #onboard customers. @Sunilontech explains why we believe the solution to onboarding is a managed service.
#managedonboarding#digitaltransformation#fintech
A new report highlights how AI-generated voices + videos are being used to scam businesses and consumers. Instnt adds a layer of protection others don't, combining secure onboarding with fraud loss insurance. Read more: https://t.co/6rIjiKE6TV #fraudprotection#fraudlossinsurance
Generative AI is poised to take on up to 40% of the workload in banking, according to some execs. But no matter how smart AI gets, fraud risk does not disappear. Interested in learning more?
📖Read more via @bankingdive
https://t.co/H9cuPkVrnP
In 2024, 1 in 10 financial institutions experienced 10,000+ fraud attempts. With Instnt's fraud loss insurance, financial institutions and businesses can offload their fraud loss to the insurance industry.
Change your fraud protection in an Instnt: https://t.co/FFFrHMFv6K
��️ Cyber insurance only covers data breaches. It doesn't cover identity fraud losses. With Instnt, businesses can now fully transfer fraud loss liability off their balance sheets to AM best A rated insurers. Ready to learn more? https://t.co/KyDXc15xqM #fintech
🚨 Synthetic identity fraud is now the #1 form of financial fraud in the U.S. Traditional fraud prevention can't keep up - but your risk strategy can. Ask us how identity fraud loss insurance helps businesses mitigate the cost of identity fraud. https://t.co/cFhJyH8xgQ #fintech
Online and mobile banking channels account for 75% of fintech fraud attempts. Set your business up for success with our fraud loss insurance solution, email [email protected].
Read more about the current fraud threat landscape via @PYMNTS: https://t.co/HB2CE7hzjA
#fintech#ai
Fraud-as-a-Service (FaaS) offerings, are on the rise. Protect your financial institution with Insnt's fraud loss insurance solution, backed by global AM-best A-rated insurers.
Read more about the growing risk of FaaS offerings via @DTPaymentNews: https://t.co/uVY6wZrej2
#ICYMI Instnt's CEO Sunil Madhu recently wrote about how fraud loss insurance is changing the economics of fraud, helping banks more proactively protect themselves and their customers at the point of customer acquisition. #insurtech
Read more via @Forbes:https://t.co/JkQFoFYdoG
The cost burden of fraud is real. Last year the total cost of fraud increased, despite fewer reports of financial fraud.
📖 Read more about the cost of fraud in 2024 from @AmerBanker: https://t.co/4CVIsGmTxX
#fraud#frauddetection#fraudrisk#insurtech
Fraud detection starts with confirming customer identities—a top challenge for banks in 2025. Insured, decentralized identity solutions like Instnt's Multipass offer a smarter way forward
Read more from @AmerBanker: https://t.co/8iFObDuXx6
Fraud doesn’t have to drain your business financially. With Instnt’s fraud loss insurance, businesses can safeguard their bottom line by transferring fraud-related losses to a trusted insurance offering.
👉 Ready to learn more? https://t.co/1dVB2nm2Nu
#fraudrisks
Fraud is inevitable, but its financial impact doesn't have to be. With Instnt's fraud insurance, businesses can transfer residual fraud losses to the insurance market. Learn more: https://t.co/OTwMb0PPSQ
#aiinfinance#digitaltransformation
First-party fraud is complex, but it doesn’t have to be your burden. With Instnt’s fraud loss insurance, financial institutions can transfer first-party fraud risks off their balance sheets.
📖 Read more: https://t.co/dQfMS1fq6f
#FraudPrevention#RiskManagement
Banks and credit unions often lose potential new customers to risk mitigation practices. Instnt’s Accept™️ platform allows for:
⚡️Quick verification, acceptance and onboarding for new online customers
⚡️Minimize fraud loss
Learn more: https://t.co/uoN3qEOeJQ
As we close out the year, we want to express our heartfelt gratitude to our clients, partners and community. Wishing you and your loved ones a joyous holiday season and a prosperous New Year. 🌟
#HappyHolidays#aiinfinance#techinfinance#financeinnovation
Fraud is a nationwide issue. At the @ABABankers Annual Convention, Secretary of the Treasury Janet Yellen shared her remarks on the subject. Read more of Yellen's prepared remarks: https://t.co/WYfHqKYIgT
#riskmanagement
Quickly verify, accept and onboard more new online customers without fraud loss or compliance issues while reducing your operational costs and growing revenue.
Click the link below to learn more about how it works⬇️ https://t.co/xf7TezxMGh
#aiinfinance#digitialinnovation
Last year, the U.S. lost roughly $253 billion to payment fraud and scams. Instnt's Fraud Loss Insurance presents an opportunity for businesses to shift fraud losses off their balance sheets. Learn more: https://t.co/pFEELEGY2U
#aiinfinance#techinfinance#riskmanagement
Sunil Madhu, Founder & CEO of Instnt, will be speaking at https://t.co/o1eeKHP1T2 today at 11:30 AM – 12:15 PM CDT!
Don’t miss this opportunity to gain critical insights into the latest regulatory challenges.
https://t.co/w6OwsfOecX
#RiskLive#RiskManagement#Compliance
We’re excited to be at Risk Live North America 2024!
Catch our CEO, Sunil Madhu, speaking on a panel at Risk Live.
📅 October 16 | 11:30 AM
💬 Panel Topic: Tackling fraud risk with innovation and compliance
https://t.co/vdAtV9yG5o
#FraudRisk#RiskManagement#AML#Compliance