3 min read

Leveraging Surges in Digital Banking While Mitigating Risk

By Njeri Mathu on Jun 16, 2020 11:45:00 AM

There’s a joke bouncing around the Internet about what the COVID-19 pandemic means for companies’ digitization efforts. It goes like this:

Jokes aside, it’s true that COVID-19 and the resulting quarantine forced many businesses across industries to play catch up in their digitization efforts. Banking is no exception.

Topics: Community Banking Fraud Digital Banking COVID-19
2 min read

Alloy + Idology Providing Multi-Layered ID Verification

By Njeri Mathu on Jun 9, 2020 11:45:00 AM

New York and Atlanta — July 09, 2020 Alloy, a best-in-class identity and risk-decision platform, announced today a new partnership with IDology, a GBG company, that will enable clients to access IDology’s market-leading identity verification and authentication services through Alloy’s identity operating system.

Topics: Fraud Data Science Identity Verification
1 min read

Alloy + Sentilink: Partnering to Combat Synthetic Fraud

By Njeri Mathu on Jun 9, 2020 11:45:00 AM

SentiLink, a provider of identity verification and fraud detection solutions, and Alloy, an identity and risk decisioning platform, announce today a new partnership that enables customers to use SentiLink and Alloy together to target synthetic fraud in real-time.

Topics: Fintech Fraud
4 min read

Resources to Help SBA Lenders & Borrowers Navigate the PPP

By Njeri Mathu on Apr 6, 2020 11:45:00 AM

Signed into law on March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) includes a number of measures targeting small business relief, including the landmark $349 billion Paycheck Protection Program (PPP or Program). An addition to the SBA’s existing 7(a) loan program, the PPP is designed to help small businesses cover 8 weeks of payroll and certain other operational costs. Qualifying PPP loans are eligible for forgiveness and an SBA guarantee.

Topics: KYC/AML Compliance & Legal Fraud SBA
3 min read

Data and Machine Learning in Financial Fraud Prevention

By Kayla Hartman on Jul 29, 2019 11:45:00 AM

In the 2018 Global Economic Crime and Fraud Survey, PWC writes, “When it comes to fraud, technology is a double-edged sword. It is both a potential threat and a potential protector.” Huge advancements have been made in the payment space with shifts towards digital account opening, allowing people to apply for accounts strictly online. As shown below, digital account opening has become so ubiquitous, it is now an expectation.

Topics: Fraud Machine Learning Data Science Digital Payment
2 min read

Whitepages Pro & Alloy Announce Official Partnership

By Dalaney Huang on Mar 21, 2019 11:45:00 AM

Press Release | March 21st 2019, NY

➢ Alloy and Whitepages Pro are excited to announce their official partnership today
➢ Whitepages Pro has prevented significant fraud already for many Alloy clients
➢ Alloy has allowed Whitepages Pro access to more clients across the banking and fintech sector

Topics: Fintech Fraud Digital Identity Onboarding