Alloy customers can now leverage FailSafe within their process workflows to help fight fraud, manage risk and improve account onboarding.
COLUMBUS, Ohio–(BUSINESS WIRE)–Innovis Data Solutions, Inc. a leading provider of fraud prevention and identity verification solutions, today announced its integration with Alloy, a global identity and fraud prevention platform provider that helps financial institutions optimize growth while minimizing risk.
This collaboration supports both companies’ goals to combat fraud, enable secure customer onboarding and minimize risk. This integration will allow financial institutions to quickly access the FailSafe fraud suite, a multi-layered fraud solution powered by Innovis data. Innovis’ layered approach provides unique identity attributes, along with behavioral and velocity indicators and device signals.
“At Innovis, we understand that financial institutions need to balance strong fraud prevention with a seamless customer experience,” says Gabrielle Halle, VP of Strategic Initiatives at Innovis. “We are excited to sync FailSafe with Alloy’s platform to improve the customer journey and help financial service companies leverage real-time data and intelligence to fight fraud. This partnership reflects our commitment to innovation and helps our customers stay ahead of the fraud curve.”
“At Alloy, we know from our ten years in the industry that the key to preventing fraud is arming yourself with holistic identity verification tools,” said Brian Bender, GM of Solution Partnerships at Alloy. “We’re excited to have Innovis join Alloy’s industry leading solution partner network to give our clients access to an invaluable resource for painting the clearest possible picture of who their customers are.”
About Innovis
Innovis works with financial institutions to solve problems surrounding identity verification, authentication, and fraud prevention. For more information, visit www.innovis.com and follow us on LinkedIn.
About FailSafe
FailSafe is a layered, multi-factor authentication tool that is designed to help establish “proof of presence” in an interaction. FailSafe has proven effective in mitigating fraud through its many layers, which include behavioral-based indicators and phone hijacking detection, while also providing a simple verification process for customers to complete. It can be used in a variety of digital customer experiences, such as a website, mobile app, or interactive voice response (IVR).
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 600 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.
Contacts
Media Contact:
Eli Bowers
Marketing Manager
614-228-3292
[email protected]
