Full-Time
Confirmed live in the last 24 hours
Identity verification and compliance solutions for fintech
$300k - $340kAnnually
Mid, Senior
San Francisco, CA, USA + 2 more
More locations: Los Angeles, CA, USA | New York, NY, USA
Compensation range is based on the scoped level within the organization and only for highly targeted geographies (NYC/SF): $300-340k OTE.
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Alloy offers identity verification and compliance solutions for financial institutions, including banks and fintech companies. Their platform integrates with various data sources to help clients meet regulatory requirements like KYC and AML, reducing fraud and improving customer onboarding. Alloy stands out by utilizing machine learning and artificial intelligence for efficient identity verification. The company aims to simplify compliance and risk management for its clients while operating on a subscription-based model.
Company Size
201-500
Company Stage
Late Stage VC
Total Funding
$210.8M
Headquarters
New York City, New York
Founded
2015
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Unlimited PTO
16 weeks of parental leave
Premium medical, dental, vision, HSA, & FSA programs
401k with matching and immediate vesting & eligibility
Commuter, health & wellness benefits
$1,000 annual learning & development stipend
Memorable team events and retreats
Data Zoo, a global leader in identity verification data, has announced a strategic partnership with Alloy, an identity and fraud prevention platform provider trusted by over 600 leading banks, credit unions and fintech companies, to provide enhanced global data for secure customer onboarding.The partnership integrates Data Zoo’s comprehensive global data assets into Alloy’s orchestration platform, enabling financial organizations to seamlessly incorporate both traditional and non-traditional data sources into their onboarding processes–whether for new or existing clients– while extending their international reach through a single API.The integration allows clients to leverage data as a primary or complementary method for identity verification, which is an effective tool to mitigate the impact of synthetic identity fraud and to reduce friction in the onboarding process.Alloy’s clients can now leverage Data Zoo’s solutions to onboard consumers across the world with a single API integration, reducing operational costs and accelerating time to market in new geographies.“Data Zoo’s mission is to empower businesses with critical access to identity data globally to boost financial inclusion and block out bad actors,” said Charlie Minutella, CEO of Data Zoo. “Partnering with Alloy allows us to bring our extensive global data into an established platform that is trusted by financial institutions and fintechs, helping them mitigate identity risks while expanding their customer base safely.”As financial institutions increasingly seek solutions to balance an effective global customer onboarding experience while maintaining compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, this partnership brings together the strengths of two industry leaders. Data Zoo’s vast global data coverage allows Alloy clients to access critical identity data from multiple markets, ensuring more accurate identity verification across borders.“Alloy’s platform is designed to prevent fraud without hindering business growth,” said Keith Kettell, CRO at Alloy. “By integrating Data Zoo’s global data coverage, we are giving our clients the ability to confidently onboard more users in new geographies while staying compliant with regulatory standards.”
Q2 Holdings Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for financial services, today announced a strategic partnership with Alloy, a leading identity and fraud prevention platform provider, to deliver a joint ongoing fraud monitoring solution for Q2 Digital Banking customers. Powered by Alloy’s centralized identity decision engine for fraud detection and prevention, this new solution addresses the growing need for financial institutions to take control of their fraud monitoring efforts while maintaining an engaging user experience and growing their business.Through this partnership, Q2 and Alloy will deliver a solution that addresses ongoing fraud risks, such as account takeover and peer-to-peer (P2P) payment fraud, that continuously threaten financial institutions. According to Alloy’s upcoming 2025 State of Fraud Benchmark Report one in three financial institutions lost over $1 million to fraud last year. Additionally, account takeover fraud was the most common fraud type by case volume identified by mid-market banks and credit unions in 2024.“The joint solution Q2 and Alloy are offering will go a long way towards enabling financial institutions to prevent fraud without hindering customer experiences, which is a very difficult thing to do,” said Matt Quale, President of Digital Banking at Forbright Bank. “I’m excited about this partnership’s ability to facilitate business growth and mitigate fraud losses for banks and credit unions.”Alloy will serve as the centralized identity decision engine, integrating Q2’s digital banking data, Q2 Innovation Studio, and Alloy’s robust data partner network to help financial institutions prevent more fraud
Fraud is becoming a costly and pervasive challenge for credit unions (CUs), eating into revenues. From check scams to cyber breaches, these attacks represent a growing issue, at times amplified by fraudsters sharing tactics online. The financial and reputational fallout is severe, with some CUs facing member dissatisfaction and widespread losses. Now, many institutions are prioritizing investment in advanced fraud-fighting technologies and looking to external partnerships to bolster defenses. With fraudsters continually adapting their tactics, CUs face an urgent need to enhance security and reinforce trust to protect their communities and futures.Fraud Increasingly Affects CUs’ Revenues and Member Bases. CUs face surging fraud, including check scams and data breaches, costing millions
Recent news of a16z-backed fintech startup closing doors after failing to find a buyer proves just how tough is current environment for fintech startups. The fintech landscape got crowded, and startups have to work that much harder to stand out from the crowd.According to Crunchbase data, global venture funding in Q3 2024 decreased by 16% compared to the previous quarter and 15% in a year-over-year perspective. If this trend holds, in 2025, fintech founders are likely going to face even greater challenges when competing for investments. Success will hinge on more than just launching good products or having reasonable roadmaps; businesses will have to put more effort into adopting communication strategies that resonate with investors and consumers and position them in a favourable light.How can that be done, you might ask? Well, let’s take a look at some practical examples.1. Personalisation and founder-focused brandingInvestors today look beyond just your product offering; they want to understand the people behind the project. Given the ongoing economic turmoil, they must be careful about choosing where to put their money, and a compelling founder story can make all the difference when trying to secure funding
Company Hosts Awards Live for First TimeSCOTTSDALE, Ariz., Dec. 31, 2024 /PRNewswire/ -- Cornerstone Advisors, a leading management and technology consultancy for banks, credit unions and fintech firms, has announced its 24th Annual GonzoBanker Awards, the company's iconic tribute to notable people, companies, technologies and deals in the banking and fintech industries.According to Steve Williams, Cornerstone CEO, banks and credit unions demonstrated remarkable performance this year in the face of accelerating complexity on many fronts, not the least of which was a difficult economic environment. "We salute the 'troublemakers' in the industry who balanced fundamental and complex challenges while continuing to improve customers' financial lives," said Williams.Award categories included the Smarter Banks Awards, designed to celebrate extraordinary financial institutions that have modernized their businesses and grown in focused and strategic ways. These included:The Smarter Bank Hyper-Efficient Award , recognizing groundbreaking efficiency driven by digital self-service, process automation and artificial intelligence, went to Space Coast Credit Union in Melbourne, Fla. Under the leadership of CEO Tim Antonition , the credit union has demonstrated how leaning into new approaches to efficiency can yield a 2.5% non-interest expense/asset ratio in a full-service community credit union.digital self-service, process automation and artificial intelligence, went to Space Coast Credit Union in Under the leadership of CEO , the credit union has demonstrated how leaning into new approaches to efficiency can yield a 2.5% non-interest expense/asset ratio in a full-service community credit union. The Smarter Bank Differentiated Award , recognizing institutions that forge distinct competitive positions and segmented brands, went to CEO Ken Vecchione and the team at Western Alliance Bancorporation