Alloy

Alongside our client Grasshopper, we've been recognized by IBS Intelligence's Global Fintech Innovation Awards in the Best Risk Management Implementation category! We're honored to help amazing clients like Grasshopper prevent fraud and grow with confidence. ?? "Grasshopper’s collaboration with Alloy on their Identity Risk Management Program has improved fraud prevention and operational efficiency, reducing manual reviews by 58% and the cost to acquire accounts by 28%," said Nikhil Gokhale, Head of Research at IBS Intelligence. He added, “This integration empowers Grasshopper to onboard 800 new SMB clients monthly, leveraging Alloy's advanced data decisioning and centralized UI."

Another year of being recognized as a #Fast500 winner by Deloitte! This list ranks the fastest-growing companies in North America, and we're proud to be included in the top 30% of winning companies. Onward and upwards! ??

Thrilled to announce our partnership with 10x Banking, the cloud-native core banking platform that powers major financial institutions globally. ?? 10x's customers will have access to Alloy's leading identity and fraud prevention platform, giving them the tools to prevent fraud throughout the customer lifecycle and grow with confidence. ?? https://lnkd.in/e9JCyJyM

80% of respondents to our State of Embedded Finance Report find it challenging to meet compliance requirements in the current regulatory environment. ?? The good news? The industry is responding with a renewed focus on risk management. ?? https://lnkd.in/eb-aqEjk

Check out the clip below to hear our own Richard Scioli share some of the trends we're seeing around embedded finance as a growth driver for banks. ?? If you're interested in learning more, give our 2024 State of Embedded Finance Report a read at the link in the comments ?

Leading student loan provider Earnest improved decisioning times and increased their automated approval rate by 56% after partnering with Alloy. ?? Learn more about our work with Earnest to ensure they could efficiently assess applicants' creditworthiness while staying ahead of identity risk. https://lnkd.in/efAqY88Y

Did you know that 35% of banks and fintechs experienced 1000+ fraud attempts in the last year? Our infographic has the latest bank fraud stats and fintech fraud trends for 2024. Take a peek at how institutions are combating sophisticated fraud tactics, and what it means for your organization. ????? https://lnkd.in/ePdbZgfk #FraudDetection #Banking #Fintech

Alloy has been certified as a Great Place to Work—a testament to our outstanding team and culture. ?? ?? Read more about our listing: https://lnkd.in/eS6JM-cq. And apply for our open roles if you're interested in joining us! https://lnkd.in/eSexwg5c

Find out how Grasshopper Bank reduced manual reviews in its onboarding process by 57% in this piece from Whitney McDonald for Bank Automation News. ??? "The $733 million digital bank is tapping Alloy’s tools, technology and rule sets to stop fraud in onboarding, Lauren McCollom said, noting that onboarding is 'the best place for it to stop…before it even gets into our system.'" https://lnkd.in/dCUdD8_X

We’re stepping up our game in fraud prevention in partnership with Alloy. Real-time detection, AI-powered risk monitoring, and predictive insights mean we’re always one step ahead of evolving threats.? Fraudsters are getting smarter, but so are we. Want to see how we’re using AI to fight back? Dive into our blog for all the details. #RiskManagement #FraudPrevention #AI #Compliance #FutureProofing?