Press

Alloy in the news

Stay up to date with Alloy company news and press coverage.

Get In Touch


Press header
Bloomberg logo transparent

Majority of Fintech Partner Banks Report Losses Over Compliance

According to Alloy's 2024 State of Embedded Finance Report, 51% of sponsor banks’ revenue and deposits, on average, are driven by embedded finance partnerships. In spite of this revenue potential, compliance challenges persist. 39% of sponsor banks lost over $250K to compliance violations in their embedded finance partnerships this year. Alloy CEO Tommy Nicholas spoke with Teresa Xie at Bloomberg about the balance sponsor banks must strike between meeting their regulatory requirements and working collaboratively with their fintech partners.

Read more

Running a sponsor bank program is inherently complex because you have banks who are highly regulated working with companies that are often new, fast-growing, and creating entirely new ways for consumers to interact with money.

Tommy Nicholas, CEO & Co-founder at Alloy

American banker black

Bankers think AI is an anti-fraud lifeline. They're gravely mistaken.

Read more

Bank Automation News Logo Stacked

Grasshopper reduces manual reviews with Alloy risk solution

Read more

Cuso magazine orange

How Credit Unions Can Fight Back Against Account Takeover Fraud and Scams

Read more

Recent Press

Bank Director
Oct 9, 2024

Bank Director, Oct 9, 2024

The Business of Cybercrime Explodes

Read more

4 Q24 Cover

Finovate
Oct 8, 2024

Finovate, Oct 8, 2024

Alloy Helps Commercial Lenders, Embedded Finance Providers Fight Fraud

Read more

Pexels soloman soh 674993 1492232

CreditUnions.com
Oct 7, 2024

CreditUnions.com, Oct 7, 2024

How Langley FCU Reduced Fraud Incidents By 25%

Read more

Screenshot 2024 10 11 at 12 25 07 PM

Crowdfund Insider
Oct 4, 2024

Crowdfund Insider, Oct 4, 2024

Fintech Numerated and Alloy to Enhance Fraud Prevention in Commercial Lending

Read more

Numerated alloy announcement 1200x1200

Financial IT
Oct 3, 2024

Financial IT, Oct 3, 2024

Sonovate Partners with Alloy to Combat Evolving Fraud Trends as Company Grows

Read more

0 sonovate alloy announcement

Alloy press releases

Get In Touch

Back