Alloy

Alloy is an identity risk and compliance platform founded in 2015 by Tommy Nicholas, Laura Spiekerman and Charles Hearn, headquartered at 88 University Place in New York. Banks, credit unions and banking-as-a-service programmes use it to decide who to onboard, to run know-your-customer and know-your-business checks, and to keep those checks current for the life of the account – the control layer regulators expect behind a sponsor-bank programme.

The platform is an orchestration and decisioning engine sitting on more than 270 pre-integrated data partner solutions, so a programme can swap vendors or add signals without re-engineering. Modules cover onboarding and identity verification, perpetual KYC/KYB monitoring, AML and watchlist screening, transaction monitoring across ACH, wire, card, P2P, RTP/FedNow and stablecoin, SAR/CTR filing and case management, plus credit decisioning and line management. An agentic AI assistant drafts case reviews. More than 900 financial institutions and fintechs use Alloy, including Ally, M&T Bank, Navy Federal, Ramp, Brex and Shopify.

1. Orchestration engine: routes checks across more than 270 pre-integrated data partner solutions without re-engineering.

2. Onboarding: identity verification and KYC/KYB decisioning for retail and business account opening.

3. Perpetual monitoring: ongoing KYC/KYB refresh plus AML and watchlist screening through the account lifecycle.

4. Transaction monitoring: ACH, wire, card, P2P, RTP/FedNow and stablecoin, with SAR/CTR filing and case management.

5. Fraud models: Fraud Signal scores individual risk and Fraud Attack Radar detects portfolio-level attack patterns.

6. Adoption: more than 900 financial institutions and fintechs, including Ally, M&T Bank, Navy Federal and Ramp.