Content Library

Risky Business: Carta’s Rachel Sapers on balancing risk and growth

We chat with Rachel Sapers, Carta's Vice President and Chief Compliance Officer for AML, on how they came to work in risk management, their role at Carta, and their views on the role of risk management in driving business growth.

How an SDK can help companies catch more fraud

What started as a simple piece of technology has evolved to help banks and fintechs stay ahead of ever-changing fraud risks.

The ABC’s of AML: Glossary of compliance terms

You may not know your KYB from your KBA just yet, but don’t worry; we have your back. Here’s Alloy’s cheat sheet to common terms you’ll hear when focusing on AML compliance.

Framing Fintech: Navigating the fintech and sponsor bank partnership

Paintbrush founder & CEO Stephen Walter talks about founding a fintech, finding a sponsor bank, and staying compliant as regulatory attention on bank/fintech partnerships intensifies.

Perpetual KYC: automated risk-based compliance

Many banks and fintechs are opting for perpetual KYC instead of periodic reviews. We break down what perpetual KYC is, how to implement it, and how to balance cost with risk.

A brief history of the evolution of fraud technology

We take a look at the evolution of fraud technology over the past two decades to help gain a better understanding of how banks and fintechs can fight fraud, maintain their customers’ trust, and continue to keep up with customer expectations for the onboarding experience—even as new threats emerge.

Cannabis Compliance: How banks can tap into the budding marijuana industry

In honor of the official/unofficial holiday in celebration of marijuana — lovingly referred to as "4/20" — we take a look at cannabis compliance requirements. Experts from BCB Community Bank and Shield Compliance share their tips for banks and fintechs thinking about opening a cannabis program.

#Compliance

The digital transformation of in-branch account opening

There’s been a lot of talk about how customers only want to operate online nowadays. In response, businesses are focused on building or improving their digital experience — and they should be. Gen Z and millennials tend to opt for online experiences before in-person ones, but that doesn’t mean you can forget about your in-person experience.

When and how to file a Suspicious Activity Report (SAR)

What is a Suspicious Activity Report (SAR)? Who is required to file a SAR? When do you need to file one? How do you file one? — Alloy's Director of Compliance answers all these questions and more.

Sole proprietorships vs. LLCs: how to verify small businesses

KYC, KYB, and AML laws require financial institutions to verify a company’s (and its beneficial owners’) identity before offering the business financial services or products. We break down the nuances of onboarding sole props vs. LLCs.

Eight years of bringing Alloy’s vision, mission, and values to life

Alloy's co-founder and CEO, Tommy Nicholas, reflects on the foundations that help inform everything we do here at Alloy.

How to stay compliant with sanctions screening obligations

Breaking down sanctions watchlists screening, know-your-counterparties, and more.

Alloy launches new capabilities to enable clients to accelerate growth

Alloy streamlines global identity management with new features that help clients operating across markets stay compliant with local KYC and AML regulations while preventing fraud.

Why your KYB is only as good as your KYC

While much of the digital KYC (or know-your-customer) process can be automated today, its business counterpart—KYB, or “know your business”—still requires significant manual work for most financial institutions (FIs). We’re here to unpack the delicate relationship between KYC and KYB. A smooth KYC process can keep your team’s KYB workload manageable at scale, even when onboarding businesses of different types and sizes.

#Compliance

Alloy expands crypto capabilities

We’re excited to announce Alloy’s identity and risk offering for crypto companies. We’ve been working with our existing crypto customers to build out a robust package of best practices and features. We’ve also deepened our coverage by forming data partnerships and integrations with crypto-native providers such as Chainalysis, Fiat Republic, and Fortress, making Alloy’s Identity Decisioning Platform even more powerful for crypto companies.

Fintech leaders share compliance, fraud concerns heading into 2023

A lot changed in fintech over the past year. 2021 was the year of the fintech founder. We saw epic funding rounds, huge valuations, and a number of lucrative exits. A year later, the market has shifted dramatically, priorities have changed, and fintech leaders are adapting to the new normal. Alloy and Gartner Peer Insights surveyed 100 fintech leaders to find out how the macroeconomic environment is affecting them.

To reach fintech’s next level, infrastructure providers must address these pain points

Alloy CRO, Laura Spiekerman, writes about how infrastructure providers can help fintech companies address fraud and other common fintech pain points.

How to tackle the challenges of AML monitoring

Banks and fintechs run into challenges that cause customer friction when it comes to AML, KYB, and KYC regulations.

Understanding embedded finance: A deep-dive

Embedded finance shook up everyone, from banks to BaaS providers and end-brands. Learn how to leverage embedded finance for sustainable growth using our guide.

Alloy goes global

Alloy is expanding internationally with the backing of several new data sources and coverage for 40 countries across EMEA, APAC, and LATAM regions.

KYC compliance is compulsory. It’s also a unique opportunity.

When implemented strategically, a comprehensive risk management solution can become a competitive advantage that enhances your customers’ experience and saves you time and resources. In this post, we’ll highlight why KYC and KYB are important and offer some recommendations on how you can make compliance a productive part of your business strategy.

#Compliance

KYC & AML compliance: from 1970 to 2022 and beyond

We look at KYC/AML compliance regulations over the years, talk about three sectors to watch out for in the regulatory landscape and break down how Alloy fits into it all.

Is the lack of KYC in DeFi a feature or a bug? Pt. II

In recent months, DeFi has been in the regulatory crosshairs for its lack of KYC and AML safeguards (among other reasons). We discuss how DeFi has managed to get this far without KYC and explore the future of this controversial space.

#Compliance

Is the lack of KYC in DeFi a feature or a bug? Pt. I

Decentralized finance, or DeFi, is an area of cryptocurrency focused on innovative financial products. In recent months, DeFi has been in the regulatory crosshairs for its lack of KYC and AML safeguards (among other reasons). We're uncovering how DeFi has managed to get this far without KYC and exploring what the future could hold for this controversial space.

#Compliance

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