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How Universal Identity and Fraud Insurance Combine to Combat First-Party Fraud With Instnt | FF Virtual Arena #322
In this FF News Virtual Arena, we speak to Sunil Madhu, co-founder and CEO of Instnt, to get a special insight into the current fraud landscape in financial services and find out how their unique and ground-breaking solution can help banks in the US.
Madhu, discusses the growing prevalence of First Party Fraud and what banks are currently doing to combat against it. Unfortunately this comes with the consequence of lengthy KYC processes that can reject innocent customers and cost time and money. Insuring against fraud loss whilst also providing innovative universal ID tech could be the solution. Watch this interesting interview to find out more.
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