Partnership brings secure and frictionless onboarding to Alloy clients
NEW YORK (May 13, 2025) — BioCatch, which prevents financial crime by recognizing patterns in human behavior, today announced a new partnership with identity and fraud prevention platform provider Alloy. The deal fully integrates BioCatch’s end-to-end account opening (AO) solution into the Alloy platform, offering the more than 700 financial institutions and fintech companies that work with Alloy the opportunity to leverage BioCatch’s behavioral and device intelligence.
“This is an exciting moment for us,” BioCatch Senior Director of Global Integration Jay Whoriskey said. “The integration of BioCatch’s behavior-based fraud-fighting tools into Alloy’s best-in-class orchestration platform has the potential to protect millions of consumers from account-opening fraud, while also offering a seamless digital experience."
Alloy’s platform seamlessly integrates more than 200 of the most innovative fraud-fighting and identity-verification tools on the market. With this new partnership, Alloy clients can easily add BioCatch’s account-opening protection to their fraud prevention toolset with no custom integration needed.
BioCatch’s 2024 Digital Banking Fraud Trends in North America report documented a 59% decrease in AO fraud among the company’s American and Canadian customers, while 72% of the 600 fraud-management, anti-money laundering, and risk and compliance leaders surveyed for BioCatch’s 2024 AI, Fraud and Financial Crime Survey said their organization had encountered cases of synthetic identities when onboarding new clients.
“In a world where AI has made financial fraud more scalable than ever, behavioral intelligence tools are essential for separating genuine customers from bad actors,” Alloy GM of Partner Solutions Brian Bender said. “Our integration with BioCatch will give Alloy’s clients another tool in their arsenal for fighting digital fraud in this challenging environment.”
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About BioCatch:
BioCatch prevents financial crime by recognizing patterns in human behavior, continuously collecting more than 3,000 anonymized data points – keystroke and mouse activity, touch screen behavior, physical device attributes, and more – as people interact with their digital banking platforms. With these inputs, BioCatch's machine-learning models reveal patterns in user behavior and provide device intelligence that, together, distinguish the criminal from the legitimate. The company’s Client Innovation Board – an industry-led initiative in partnership with American Express, Barclays, Citi Ventures, HSBC, National Australia Bank, and others – collaborates to pioneer innovative ways of leveraging customer relationships for improved fraud detection. Today, more than 30 of the world's largest 100 banks and 267 total financial institutions deploy BioCatch solutions, analyzing 14.9 billion user sessions per month and protecting 511 million people around the world from fraud and financial crime.
About Alloy:
Alloy 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 700 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.
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Mac King
BioCatch director of global marketing communications
Mac.King@BioCatch.com
Kylee Sibilia
Alloy senior communications manager
kylee@alloy.com