Client Stories & Case Studies | Alloy

Client Stories

800+ financial institutions and fintechs worldwide trust Alloy to grow with confidence

See how leading organizations are accelerating onboarding, stopping
fraud, and simplifying compliance.

25%

Of the top 50 US banks use Alloy
5x

Fraud savings per dollar spent
2x

Increase in customer conversions
90%

Account openings automated without fraud increase

"Alloy is orchestrating all of the identity, device, and fraud signals in real time, which allows us to approve more good members automatically and intervene only when there is real risk."

Eva Coffee Risk Operations at Clutch

35%

Decrease in fraud losses
98%

Auto-decisioning on logins
17%

Increase in new digital membership completion rates

"I can trust Alloy to do a job that I can absolutely not make a mistake on."

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75%

Fraud detection efficiency improvement
25%

Application review time reduction
90%+

Applications sent to manual review resolved

"Alloy has ensured that our time is spent actually running our business instead of triaging issues."

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27%

Fraud reduction year over year
30%

Reduction in investigation time
26%

Manual review rate decrease

"We're able to shift our focus toward growth because we don’t have to spend so many resources on fraud."

India Hoskins Data & Analytics Manager at Consumers Credit Union

78%

Automated onboarding decisions
5x

Fraud loss savings for every dollar spent on Alloy
96%

Policy change time reduction

"I am used to 4-week review cycles, whereas we were able to make a change within Alloy in just 15 minutes."

Anurag Puranik Head of Credit and Risk at Coast

<5 mins

Application decisioning time
6x

Improved application processing efficiency
90%

Automated customer onboarding

“Our old process had a 2-5 day decision time on applications. With Alloy, everything is instant.”

Phil Suckow VP of Innovation at IncredibleBank

90%

Automated account openings
90%

Manual reviews reduced
88%

More efficient application review time

Results

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Explore Customer Stories

“We've seen almost a 3x increase in automation thanks to Alloy's best practices and expert guidance.”

Cris Daly

Digital Product Manager, Langley Federal Credit Union
“Alloy's AI Assistant saves me a significant amount of time and gives me the confidence to quickly review and close watchlist alerts based on the insights it provides.”

Edward Campiani

Chief Compliance Officer, Edge Markets
“Whenever we're looking to update our KYC, KYB, or fraud checks, the first thing that we do is reach out to Alloy.”

Will Haynes

SVP of Embedded Banking Product Leader, LiveOak
75%

of new account openings fully automated without increasing fraud, 3x growth in digital account openings, and streamlined application journey to 3 minutes.
2X

Increase in customer conversions
“Alloy's ability to connect to hundreds of data sources allows us to…create the positive Member experience we strive to deliver while minimizing risk.”

Matthew Seagrim

Chief Digital and Marketing Officer, Meridian Credit Union
“With Alloy, we catch fraud before it comes through the door.”

Michelle Case

VP of Digital Channels, Langley Federal Credit Union
57%

Reduction in manual reviews for member onboarding
“Alloy's AI-powered Fraud Attack Radar enables us to act quickly before any loss is incurred.”

Angie Crosby

VP of PMO, Launch Credit Union
“Alloy’s automation capabilities drastically increase our scalability.”

Phil Suckow

VP of Innovation, IncredibleBank

“Fraud Signal delivers the precision and speed necessary to intercept emerging fraud.”
<5 min

Application decisioning time
“We're completely future-proofed, even in times of heightened fraud threats.”

Matt Lee

Head of Product, Clear Street
“Alloy connects us to more data sources, which helps us increase the speed at which we’re able to give applicants a decision.”

Jun Cho

Senior Product Manager, Earnest
70%

Reduction in third-party account takeover (ATO) fraud for one large credit union
74%

Reduction in fraud losses, 70% growth in account openings, 65% reduction in OpEx
88%

Reduction in application review time
“Not only does Alloy help us make more informed decisions, it's also faster. Our partnership with Alloy has ensured that our time is spent actually running our business instead of triaging issues, and you can't understate the value of that.”

Joe Thompson

Head of Live Oak Express, Live Oak Bank
“Alloy’s automation capabilities drastically increase our scalability.”

Phil Suckow

VP of Innovation, IncredibleBank
“Without Alloy, we would need 6 people to process the same volume of credit applications that 1 person handles today.”

Anurag Puranik

Head of Credit and Risk, Coast

“We've seen almost a 3x increase in automation thanks to Alloy's best practices and expert guidance.”

Cris Daly

Digital Product Manager, Langley Federal Credit Union

“Alloy's AI Assistant saves me a significant amount of time and gives me the confidence to quickly review and close watchlist alerts based on the insights it provides.”

Edward Campiani

Chief Compliance Officer, Edge Markets
“Whenever we're looking to update our KYC, KYB, or fraud checks, the first thing that we do is reach out to Alloy.”

Will Haynes

SVP of Embedded Banking Product Leader, LiveOak

75%

of new account openings fully automated without increasing fraud, 3x growth in digital account openings, and streamlined application journey to 3 minutes.
2X

Increase in customer conversions

“Alloy's ability to connect to hundreds of data sources allows us to…create the positive Member experience we strive to deliver while minimizing risk.”

Matthew Seagrim

Chief Digital and Marketing Officer, Meridian Credit Union
“With Alloy, we catch fraud before it comes through the door.”

Michelle Case

VP of Digital Channels, Langley Federal Credit Union

57%

Reduction in manual reviews for member onboarding
“Alloy's AI-powered Fraud Attack Radar enables us to act quickly before any loss is incurred.”

Angie Crosby

VP of PMO, Launch Credit Union

“Alloy’s automation capabilities drastically increase our scalability.”

Phil Suckow

VP of Innovation, IncredibleBank
“Fraud Signal delivers the precision and speed necessary to intercept emerging fraud.”

<5 min

Application decisioning time
“We're completely future-proofed, even in times of heightened fraud threats.”

Matt Lee

Head of Product, Clear Street

“Alloy connects us to more data sources, which helps us increase the speed at which we’re able to give applicants a decision.”

Jun Cho

Senior Product Manager, Earnest
70%

Reduction in third-party account takeover (ATO) fraud for one large credit union

74%

Reduction in fraud losses, 70% growth in account openings, 65% reduction in OpEx
88%

Reduction in application review time

“Not only does Alloy help us make more informed decisions, it's also faster. Our partnership with Alloy has ensured that our time is spent actually running our business instead of triaging issues, and you can't understate the value of that.”

Joe Thompson

Head of Live Oak Express, Live Oak Bank
“Alloy’s automation capabilities drastically increase our scalability.”

Phil Suckow

VP of Innovation, IncredibleBank

“Without Alloy, we would need 6 people to process the same volume of credit applications that 1 person handles today.”

Anurag Puranik

Head of Credit and Risk, Coast