Get 2026 fraud trends and statistics for financial institutions and fintechs, and benchmark your fraud strategy to elevate your defenses.
See how Alloy's identity and fraud prevention platform uses AI and 270+ data solutions to detect fraud and accelerate growth across the customer lifecycle.
Alloy CEO Tommy Nicholas breaks down the 3 trends keeping fraud and compliance teams up at night: AI-accelerated fraud, agentic users (KYA), and efficiency mandates.
7th largest credit union in the U.S. drives growth by keeping members safe
When authentication and fraud prevention operate in silos, account takeover attacks slip through. Here's what unified detection actually looks like.
Alloy Marketplace unites 270+ partner solutions and a new library of pre-built decisioning logic in one dashboard. Discover, test, and deploy from one place.
Why spend time on tedious manual reviews when AI can do it for you? Learn how agentic AI for KYC and compliance is helping financial orgs optimize efficiency.
7th largest credit union in the U.S. drives growth by keeping members safe
Alloy’s real-time risk assessments helps IncredibleBank create a holistic risk profile for each applicant.
Alloy helps Earnest optimize customer onboarding and underwriting to boost conversion rates
Know Your Agent (KYA) is how financial institutions verify AI agents acting for customers. Learn the core controls and how it differs from KYC.
Learn how actionable AI empowers financial institutions and fintechs to move from detecting fraud to agile prevention.
Banks and fintechs run into challenges that cause customer friction when it comes to AML, KYB, and KYC regulations.
Positioning fraud prevention as a growth driver
Brian Russell’s career includes leadership roles at MasterCard, JPMorgan Chase, and Wells Fargo. Most recently, as SVP in the Chief Digital Office at U.S. Bank, he spearheaded the creation of the Authentication Hub—an integrated technology stack that has become a benchmark in secure, seamless customer experience.
Understand how crime rings operate, why they're the #1 threat to financial organizations, and how to cut their success short.
An identity and fraud prevention platform is an end-to-end platform for managing fraud, credit, and compliance risk, providing the clearest picture of customers throughout the entire customer lifecycle.
NEW YORK, NY (March 24, 2025) -- IncredibleBank, a digital-focused community bank headquartered in Wausau, WI, has partnered with Alloy, a leading identity and fraud prevention platform provider, to provide faster service to improve its account opening process, helping the bank to accelerate growth and reduce manual reviews. "Before Alloy, our account opening platform leveraged a single data source and was completely manual," said Phil Suckow, VP of Innovation at IncredibleBank. "Our application volume varied month-to-month, from a few hundred to a few thousand applications, requiring significant back-end resources during spikes. Now, everything is instant."By leveraging Alloy, IncredibleBank significantly improved the bank's digital onboarding process and overall operational efficiency. Application review time was reduced by 88%, and manual reviews were reduced by 90%. IncredibleBank selected Alloy after evaluating several platforms, citing its robust automation capabilities, user-friendly interface, and proven success in mitigating fraud. Alloy's platform has enabled IncredibleBank to:Reduce new account approval times from 2-5 days to instant decisionsCreate holistic risk profiles for applicants by combining five different data sourcesReallocate a full-time employee from application reviews to sales-focused tasksIdentify and mitigate potentially fraudulent applications more effectively“The move to Alloy was strategic, improving our onboarding customer experience and driving business growth without added risk,” Phil Suckow, VP of Innovation at IncredibleBank added. “We needed a platform to automate KYC, KYB, and fraud at originations at an enterprise level. Alloy met those requirements and allowed us to leverage its platform across various business units.” "We are thrilled to partner with IncredibleBank to enhance their account opening process and drive their growth. Their mission is to grow their customers' entire financial relationship is one we wholeheartedly support and are proud to help the bank as they aim to provide an incredible customer experience," said Jamie Verdi, Head of Client Success at Alloy.To learn more about Alloy, visit http://alloy.com About AlloyAlloy provides an identity and fraud prevention platform that enables global financial institutions and fintechs to manage identity risk so they can grow with confidence. Over 600 of the world's largest financial institutions and fintechs turn to Alloy's end-to-end platform to access actionable intelligence and the broadest network of data sources across the industry, as well as stay ahead of fraud, credit, and compliance risks. Founded in 2015, Alloy is powering the delivery of great financial products to more customers around the world.
As fraud tactics become more sophisticated, staying ahead of emerging threats is critical for financial institutions and fintechs. That’s why we teamed up with American Banker for a webinar, Fraud in Focus: Predictions and Trends for 2025.
Learn which factors lead to bust-out fraud, and how to stop it. Protect your bank, fintech, or credit union from this sudden financial threat.
Most fraud prevention models no longer keep up with current threats because they focus on transactions instead of identity.
Alloy’s real-time risk assessments helps IncredibleBank create a holistic risk profile for each applicant.
Discover how Alloy and CLEAR's partnership streamlines onboarding, improves security, and enhances the customer experience for financial services.
Alloy enriched existing capabilities to offer a more comprehensive testing hub that allows clients to test new policies or changes to their decisioning logic and see projected outcomes, easing the pressure of making changes and going live. This type of agility is critical in an era of growing fraud.
Alloy's Product Director, Grace Liu, takes you through the thought process and development of one of our most exciting software features: Journeys.
Identity theft is on the rise. Safeguard your financial organization with Alloy’s identity theft mitigation strategies.
Learn how triage, discovery, and remediation comprise an effective fraud response strategy
Whenever a bank collapses, fraudsters emerge from the woodwork, eager to take advantage of the chaos. We give you advice on how to handle it.
Synthetic identity fraud is the fastest-growing financial crime in the U.S. Learn how fraudsters use AI and stolen PII to commit synthetic identity fraud — and how FIs use Alloy to prevent it.
Prioritizing identity is the foundation of a strong fraud prevention strategy. But so many financial institutions still struggle to classify fraud. Alloy knows how they can improve, quickly.
This guide will take you through the things you should consider to create a digital strategy you can bank on.
Alloy helps Earnest optimize customer onboarding and underwriting to boost conversion rates
Mountain America Credit Union reduces fraud by 29%Alloy Onboarding helped Mountain America Credit Union create a self-service application process designed to identify and reduce fraudulent applications
Alloy's GM of Partner Solutions explains how Alloy uses data orchestration to magnify the power of our data partner network.
Fintech Takes' Alex Johnson shares why he thinks identity verification needs to be at the forefront of your fraud prevention strategy.
Kyle Caldwell, Senior Vice President of Fraud Product Development at M&T Bank, discusses exploring Identity Verification vendors, striking the tricky balance of risk management alongside positive customer experiences, and how taking big risks in his personal life has paid off.
Digital security is tightening up, but in-branch banking has become increasingly vulnerable. Join the hundreds of teams powering in-branch and digital onboarding experiences with Alloy’s Identity Risk Solution.
