Alloy

💳 If you voted in our poll last week and guessed that credit card fraud was the most common fraud type across all financial institutions last year, you would be correct! 👨💻 However, the most common fraud type varies quite a bit by sector. While credit card fraud was the most common type for enterprise banks; mid-market banks, credit unions, and fintechs actually saw a higher percentage of account takeover (ATO) fraud. Take a look at the most common fraud types by sector below and download our full 2025 State of Fraud Report for more insights.

Feeling invigorated after a fantastic couple of days at #AOBA25! Yesterday we served up some friendly competition with our clients, industry partners, and friends at Bank Director on the pickleball court. 😎 Thank you to everyone who stopped by our booth and joined our events—we're looking forward to continuing the conversation!

We're excited to see attendees enjoying a NEW addition at #AOBA25 this year – Pickleball sponsored by Alloy! 🏓

⚡Our 2025 State of Fraud Report is here! This year’s data revealed a steady increase in fraud events, with 60% of financial organizations reporting higher fraud volumes than the previous year. 📈 🦹♂️ Respondents overwhelmingly agreed (71%) that organized fraud rings were behind a majority of fraud attacks at their organization, as opposed to customers conducting first-party fraud (14%) and customers who were coerced or scammed (15%). 💸 The cost of fraud is also rising: 1 in 3 financial organizations lost over $1 million in direct fraud expenses, up from 1 in 4 last year. 🤩 The good news? Innovative tools are moving the needle in helping FIs prevent all this fraud. Over 1 in 3 risk leaders said that investing in an identity risk solution had the biggest impact on reducing their fraud rates. See how your financial organization’s strategy matches up to industry data. Download the 2025 State of Fraud Benchmark Report today (link in comments.) 💼👇📈


Q2 and Alloy partnering to offer an end-to-end, identity-centric fraud solution for financial institutions is big news, but we are just getting started. Check out the full announcement here ➡️ https://bit.ly/4av0JC1 On the day it was announced, product and engineering teams from Q2 and Alloy were together already contemplating what’s next. Huge shoutout to the Alloy team:Paige Johnston David C. Jason Curiano Richard Knowler Josh Kostal Irwin Tsay Mary Snow Saami Rahman Mauro Restuccia And Q2 team: Jake Speltz Gabe Norris Ryan Hollister Parilee Edison Wang Keith Kettell Tommy Nicholas Brandon Browning Ryan Bailey Katharine Briggs Kirk Coleman Anthony Ianniciello Kathryn Cook Charles Hearn

We had a blast yesterday connecting with our clients and partners at #AOBA25, and listening to Sara Seguin speak on stage about banking growth strategies! We'll be back at Booth 41 today—come by and say hello! https://lnkd.in/ecemaSen

Fraud prevention can do more for your financial organization than stop fraudsters. It’s also a springboard for digital transformation and growth (that is, if you’re framing it right). https://lnkd.in/gw4VX5YU

Incredibly excited to share the news of our first-of-its kind partnership with Q2 to help financial institutions holistically prevent fraud. Successful fraud prevention starts with a holistic approach to understanding identity. That means not just tracking the suspicious movement of money, but also separating out the identities of fraudsters from those of genuine customers. Our joint solution with Q2 brings together all the best onboarding data with digital banking events and monetary transactions to really understand the identity behind the action. Ultimately, that's how we reduce criminal activity throughout the customer lifecycle without compromising the customer experience. It takes an army to bring a solution this unique, safe, and seamless to life, and I’m incredibly proud of the tight collaboration between the Alloy and Q2 teams that made the ability to turn on full lifecycle identity risk decisioning truly turnkey. All kudos to Jeff Scott, Jake Speltz, Tommy Nicholas, Charles Hearn, Keith Kettell, Kathryn Cook, Diane Heilman, Ryan Bailey, Paige Johnston, Mauro Restuccia, David C., Irwin Tsay, Jason Curiano, Mary Snow, Josh Kostal, Saami Rahman, Richard Knowler and many more! Learn more at the link in the comments!

Don't miss this FinXTech session at #AOBA25, where Kiah Lau Haslett, Joshua Jordan, Robert Keil, and Sara Seguin will discuss how leading financial institutions are betting on new lines of business to fuel growth. We're excited to see our banking and credit union clients next week! Find out where else Alloy will be AOBA: https://lnkd.in/ecemaSen

Fraud leaders in banking want an end-to-end digital fraud platform - but they've been burned by the limitations of their technology partners and limited IT resources. If you're a Q2 Banking customer - those days are behind you. Alloy and Q2 have done the hard work for you - we spent over a year and thousands of hours pre-integrating end-to-end fraud prevention into every digital banking interaction so you can 🧠 aggregate *all* customer profile, transaction, and behavior data into a comprehensive profile (no huge ETL project needed) ➕ enhance those profiles with data from any third party risk product 🪄 use machine learning and 📏 rules to separate your riskiest customers from your good customers So you can: 🛑 stop high-risk actions in the moment - inside your digital banking platform! 🚧 trigger tailored step-ups when needed ✨ provide a seamless experience to good users Again - no massive IT project needed, no need to plead for your partner's roadmaps to be updated, etc. We did the hard work so we can get to work helping you stop fraud! More details / the announcement in the link in the comments!