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?? In honor of International Credit Union Day coming up tomorrow, we're sharing some recent stories highlighting how CUs can stay ahead of rising fraud trends. Writing for, CUES CU Management Magazine, John Meyer shares how credit unions can beef up their digital account opening process to better compete with digital banks. ??? "Certainly, a credit union must verify that the person applying is an upstanding human and that the person behind the screen is that same human. The great news? There is technology that can do that task for you. Use technology like Alloy or some other tool to help prove a potential member is who they say they are. In doing so, your CU will avoid asking the many questions that digital-first institutions don’t pose up front to potential customers." https://lnkd.in/eB8Qh4yA Writing for CUSO Magazine, Sara Seguin shares some actionable strategies for how CUs can better prevent account takeover fraud. ??? "Credit unions should layer identity-focused fraud prevention measures on top of their real-time transaction monitoring." https://lnkd.in/d9-VTg_J

We're jealous of you all. You get to keep working. We have to go to Vegas. #Money2020 https://lnkd.in/ed5y8u8k

In honor of International Credit Union Day coming up, we'll be highlighting stories of how CUs are fighting fraud and empowering members throughout the week. ?? ?? To kick things off, Meridian Credit Union, the second largest CU in Canada, uses Alloy to identify more fraudsters at onboarding while preserving a top-notch member experience as the company grows. Read more about our partnership: https://lnkd.in/e8VfM4s3

You can find us at Booth No. 9021 at this year's Money20/20 USA—or book a meeting with our team here ?? https://lnkd.in/ed5y8u8k

We're having a blast at Jack Henry #Connect24! Our team has connected with dozens of our banking and credit union clients, and Kelsey Grover spoke on a panel about fraud detection and prevention during the account origination process. Looking forward to continuing the conversation about how financial institutions can prevent more fraud while preserving a seamless user experience. ?? ?

?? Reminder: Don't forget to register and join our upcoming WIRE event in Charlotte on October 16th! In this brunch and panel discussion, we feature 5 amazing women: Lisa Grigg, Chief Compliance Officer at U.S. Bank, Sara Seguin, Principal Advisor on Fraud and Identity Risk at Alloy, Heather Allen Cody, Deputy Director Financial Crimes, SVP at Truist, Nicole M., Head of Customer Risk and Behavior at TD, and Gweneka Leach, CFE, CIA, CRMA, Senior Director - Ally Home- Mortgage Governance, PMO & Strategy at Ally. We will discuss: ? Empowering women in financial crime careers ? How skills are evolving in risk roles and how to adapt ? Blockers to career growth in financial crimes risk management ? Technology that supports advancement for you and the organization ? How to form allies inside and outside of your organization Register now and join the collective: https://lnkd.in/gvpsB-jd

Deloitte research shows that by 2027, advances to Gen AI will cost banks an estimated US $40 billion. Alloy has more eye-opening bank fraud stats and fintech fraud trends in our latest infographic. ?? ????? https://lnkd.in/ePdbZgfk #FraudPrevention #FinancialSecurity

Back before regtech was cool, companies like Alloy were busy doing the hard work of helping banks, credit unions, and fintechs better manage identity risk. They're still at it. Alloy Helps Commercial Lenders, Embedded Finance Providers Fight Fraud https://lnkd.in/gm-_sUJX

Our Women in Fintech happy hour with Mastercard at Money20/20 USA is always a hit! Register today to secure your spot for this year's event: https://lnkd.in/eBeeQ9aW

Learn how Earnest increased their automated approval rate by 56% by leveraging Alloy's end-to-end identity risk management platform. With Alloy, Earnest streamlined customer onboarding and underwriting processes, reducing decision times and manual review rates, and ultimately providing a better customer experience for their applicants. https://lnkd.in/efAqY88Y