Alloy

“Alloy’s solution has streamlined our onboarding process by enabling us to efficiently leverage multiple data sources across various business segments. Its intuitive and user-friendly interface ensures seamless adoption and ease of use for team members throughout the bank.” - Amir Behmaram, SVP Head of Product & Innovation, Banc of California Alloy helps over 600 of the world's leading banks, credit unions, and fintech companies solve for identity risk. ??

Check fraud isn't just a "glitch" in your system. ?? Learn more about the rise of check fraud and how your organization can better prevent it. https://lnkd.in/eN5P52jT

?? We're hiring for roles across engineering, sales, marketing, and more! Today's spotlight role aligns with one of our company's core values: Collaborate. ?? We're hiring for a Go To Market Enablement Lead who will define and refine enablement across all go to market teams. This is a high impact role tied directly to revenue growth, and will be a highly visible and key partner to Alloy's high-performing sales team. Learn more and apply ?? https://lnkd.in/eJtefDyc

Jason Ioannides of Alloy speaking on the necessity of modern fraud defense and identity verification for the session, "Proactive Fraud Prevention from All Angles." #NarmiInnovatorsRetreat

Recent data breaches have made one thing very clear: identity thieves are getting smarter. ???? Learn what personal information fraudsters are after, and how financial organizations are staying ahead. #IdentityTheft #FraudPrevention https://lnkd.in/e7DjAfe9

?? Check out this deep dive from The Financial Brand on the results of our State of Embedded Finance Report: "The early promise of embedded finance and banking-as-a-service as sources of growth and new deposits for traditional finance institutions has been beset by operational snafus, regulatory skepticism and even outright fraud. Understanding current challenges and potential routes forward will be essential for banks who have embraced the model." ?? https://lnkd.in/eyGA8DiB

Something I tell my team “We don’t just enable the bank, we protect our clients from one of the worst days of their lives. Let’s go ??” Had an amazing time at the Alloy Banking Summit in Chicago! Not only did I get the opportunity to speak about innovation and the culture organizations need to start it and make it thrive but also got to participate in the Customer Advisory Board ???? Special thanks to Hannah Voss, Drew Simmons, Sara Seguin, Andrew Altsman, and Kimberly Sutherland for an awesome time during our panel Thank you to the Alloy Leadership Team - Tommy Nicholas, Laura Spiekerman, Kiran Hebbar, Keith Kettell, and others - for allowing your team and clients to cross-pollinate and learn from each other as we are all fighting the same battle! Thanks for the folks I networked and built relationships with - I’ll keep you anonymous for now ?? #IYKYK Thanks so much for my team as well for networking, building relationships, contributing to topics, listening to experts, etc. and keeping focus on “Best to be better today vs. perfect tomorrow” Chris, Doug, Brittany, Hanna, and Jasmin Also last bit, if you think this event looks amazing and thinking of throwing your next awesome event that you’d be proud to attach your reputation to - check out the guilty and amazing company Prospect Events with co-founders Meredith Heller and Jessica Lindsay (with me in last photo)! I’ve known them for a while and the level of quality, attention to detail, and fun factor…*chef’s kiss* ????????????

Tyler Brown of CCG Catalyst dove into some of the findings from our State of Embedded Finance Report: "as Parilee Edison Wang, chief product officer at Alloy, reiterated in an interview with CCG Catalyst, there’s a balance sponsor banks need to strike between responsible growth and innovation." ?? https://lnkd.in/gqtdWtxJ

Writing for CUSO Magazine, Alloy Fraud and Identity Risk Principal Advisor Sara Seguin delves into the dangers of account takeover fraud and explains how credit unions can better address it. ???♀? "To prevent account takeover fraud, credit unions need to develop a better understanding of their members before any funds leave their accounts. This requires a shift in strategy: from tracking fraudulent activity through transaction monitoring to concentrating on identity, which allows for a more proactive and holistic risk assessment using fraud indicators that emerge much earlier." https://lnkd.in/d9-VTg_J

From regulatory scrutiny to reputation risks — are banks truly ready to embrace the promise & potential of embedded finance? ?? This morning, I had the privilege of delivering the keynote at Alloy's Banking Summit in Chicago, where I shared my takes on the consistently changing business of banking. As financial institutions navigate the complexities of Banking-as-a-Service and #embeddedfinance, they face both immense challenges and exciting opportunities. I covered the critical risks banks must address — from compliance hurdles to potential disintermediation —?while also highlighting the enormous potential for growth and creativity. A few data points: ??♂? #Compliance remains a major hurdle. Case-in-point, Alloy’s recent research shows 4 in 10 sponsor banks lost over $250K due to compliance violations, with 80% struggling to manage regulatory complexities. ???? #BaaS platforms continue to play a critical role. Despite a decline in partnerships, 40% of sponsor banks still collaborate with fintechs via BaaS platforms, which remain vital to the tech ecosystem. ?? #Partnerships are being reevaluated: 30% of sponsor banks are reconsidering their embedded finance strategies, with some looking to scale back or exit programs. My Cornerstone Advisors colleague Ron Shevlin recently emphasized the distinction between trimming and fully exiting partnerships... a point I attributed to him (along with one of the slides I'm sure he'll ??) Many sub-$10 billion banks are finding it difficult to balance compliance, operations + technology, while larger banks are expanding in the BaaS space — Stripe’s move from Evolve Bank & Trust to Fifth Third Bank being a recent example. These trends signal a shift toward more strategic, compliant and resource-efficient models as the banking and #fintech sectors continue to evolve ?? **A big thank you to Tommy Nicholas, Laura Spiekerman, Kiran Hebbar, Keith Kettell, Kathryn Cook and the #Alloy team for hosting everyone, with special shout outs to Kelly Mayes and Drew Simmons. Starting it off with last night’s White Sox game = the perfect beginning to today's main event! #GrowingSmart #PluggedIn?