Alloy partners with IDology to provide identity verification and fraud prevention services

Alloy , identity and risk-decision platform, announced a new partnership with IDology, a GBG company, that will enable clients to access IDology’s market-leading identity verification and authentication services through Alloy’s identity operating system.

“IDology’s solution-driven approach to identity verification allows us to offer our clients robust identity processes and multi-layered fraud protection, which includes actionable fraud data from IDology’s Consortium Fraud Network. We’re excited to scale our partnership and help our clients leverage IDology’s data to reduce onboarding friction and compliance costs, while detecting and stopping fraud at every step.” – Tommy Nicholas, co-founder and CEO of Alloy.

“We’ve already witnessed success in providing our solution to financial institutions through Alloy’s turnkey identity operating system. We hope to build a strong partnership to allow more mutual clients to take advantage of our identity verification and authentication solutions through Alloy’s single API access point.” – Chris Luttrell, COO at IDology.

Since 2003, IDology has provided  identity solutions combined with fraud prevention tools for organizations operating in a digital environment. Now part of GBG, the global identity data intelligence specialist, IDology provides digital identity verification and authentication, helping companies across multiple industries deliver a frictionless onboarding process that increases engagement and deters fraud.

Alloy helps digitally-focused financial institutions and fintechs make better decisions using a dynamic API and dashboard to manage KYC/AML, risk and fraud. Alloy’s API provides access to multiple third-party data sources to optimize customer decisioning in real-time and deliver digital experiences while mitigating fraud, minimizing manual reviews, and reducing compliance costs.