Fraudsters are well-funded, tech savvy, nimble and growth-oriented. Alloy gives you the tools and expertise to outmaneuver, outsmart and outpace them. Don’t just stop fraud, prevent it.
Be protected from fraud starting day one and throughout the relationship with your customer, without added friction and restrictions.
We help keep your top of funnel open without being exposed to more risk. Origination workflows stop fraud attacks, as well as ambient fraud, and verify that each applicant is who they say they are.
First-party fraud - where an individual makes a promise of future repayment in exchange for goods or services without the intent to repay
Third-party fraud - where a malicious actor uses another individual’s identifying information to open new accounts without the individual’s knowledge
Synthetic fraud - where an individual creates a phony identity, either by making it up or by obtaining someone’s personal information and combining it with fake information
Not all fraud happens at the front door. Keep monitoring accounts and transactions for unusual activity like unauthorized payments and ACH transfers, changes in account ownership or control, and signs of financial crime.
First-party fraud - where an individual makes a promise of future repayment in exchange for goods or services without the intent to repay
Second-party fraud - where an individual is deceived or coerced into allowing another person to use their financial account to carry out transactions or money transfers
Account takeover fraud - where an individual obtains another person’s personal information and uses it to hijack their financial accounts
Future proof your fraud infrastructure without engineering resources.
Quickly adjust workflows and turn services on and off for faster fraud attack responses
Add in or change data sources as your needs change, without needing to build new integrations
Easily test changes to your workflows for best results and use What-if Analysis to see how changes would impact your evaluations
Alloy Onboarding helped Mountain America Credit Union create a self-service application process designed to identify and reduce fraudulent applications
Rob Woellhaf - Vice President, Fraud Management at Mountain America
With hundreds of clients and millions of decisions approved daily, Alloy has developed the expertise to help you fight fraud from day one.
Our best practices are designed to get you up and running quickly with best-in-class protection and show you how to structure your workflow to prevent fraud.
You don’t want to get caught in a fraud attack and then have to scramble to figure out how to respond, build new workflows and integrate with new data providers. We share some tips on how you can stay one step ahead of fraudsters.
The latest guest in our fraud Q&A series exploring fraud trends in the financial services space is Mary Ann Miller, the Fraud & Cybercrime Executive Advisor and VP of Client Experience at Prove. We talk to Mary about what FIs can do to prevent SIM swapping.
Introducing a new blog series that highlights the most pressing fraud trends affecting financial institutions today. For the first installment, we talked with Mike Cook from Socure about account takeover fraud.