Nearly all banks view FinTech partnerships as important, but the partnership dynamics will be put to the test as new open banking regulations go into effect in 2024. PYMNTS examines what will be required as banks and FinTechs will rely on each other for data...
A changing financial industry is transforming the relationship between traditional banks and FinTechs. In the past, banks largely regarded FinTechs as formidable competitors, if not existential adversaries, due to the latter’s technological prowess, agility and superior customer experiences. This dynamic, however, has begun to swing...
Businesses with strong balance sheets and sticky liquidity will always go the distance. That’s why, after the collapse of Silicon Valley Bank (SVB), treasury management is shooting up the priority list for CFOs, said Kiran Hebbar, CFO at at identity decisioning platform Alloy, during a conversation...
Alloy and Kyckr have partnered on a know your business (KYB) solution. This collaboration adds Kyckr’s real-time KYB and Ultimate Beneficial Owner (UBO) data to Alloy’s platform that helps banks and FinTech companies make decisions around fraud, credit and compliance, the companies said in a...
December 29, 2022
For scores of CFOs, 2022 may go down as the year where they zeroed in on “what really matters” — including digital transformation. Amidst the turbulence of the last couple of years and the broader stirrings of macroeconomic pressures today, financial leaders used the past year to take a hard look at their processes and […]
October 11, 2022
The pandemic ushered in a receivables revolution as disruption forced an “innovate or perish” urgency in cash management, money movement, payout options and related fraud risk. As part of PYMNTS’...
February 09, 2022
Fraudsters are growing bolder in their tactics and targets, and fraud prevention experts struggle to keep up. Banks, for example, saw their average monthly volume of fraud attacks increase from...
June 23, 2021
Cities and states are finally beginning to reopen after more than a year of social distancing restrictions, but the digital-first habits that customers have acquired over the past 18 months...
February 06, 2024
Liberis, a global embedded finance platform, has joined forces with Alloy, an identity risk management company, to accelerate its international expansion and enhance the merchant experience. This strategic partnership aims to simplify the funding application process by integrating automated compliance verifications, the companies said in a Tuesday (Feb. 6) press release. “Alloy’s platform will allow […]
February 07, 2023
Enigma and Alloy have partnered to help financial institutions (FIs) better understand small businesses. The collaboration adds Enigma’s intelligence about the financial health and identity of U.S. businesses to Alloy’s...
September 01, 2022
Alloy, which works on helping banks and FinTechs with identity decisioning and threat selections with API service and SaaS, has a $1.55 billion valuation now after raising $52 million recently,...
May 24, 2022
San Francisco-based FinTech Nova Credit partnered with identity decisioning platform Alloy to help lenders become more inclusive and serve more consumers across the credit spectrum without increasing the risk of...
