CertosSM and Alloy Partner to Help Community Banks and Credit Unions of All Sizes Disrupt Fraud Schemes

NEW YORK — As fraud increasingly targets the identity layer – through synthetic identities, credential compromise, and account linking abuse, Alloy, an AI-powered identity and fraud prevention platform, today announced a partnership with CertosSM, a unified portfolio of fraud and identity risk solutions from Early Warning Services, LLC.

The partnership is designed to give community banks and credit unions access to the same Certos suite of products that help better identify criminal activity earlier – before it can be used to move money – reducing the ability for fraud schemes to scale. Increasingly, large-scale fraud operations – including organized scam networks operating cross borders from foreign locations – rely on synthetic and compromised identities to steal money from Americans.

“Fraud rarely stays in one place and by the time money is sent, it’s too late,” said Ben Chance, General Manager of Certos. “Criminals exploit identity infrastructure gaps between institutions. By bringing our products to banks and credit unions of all sizes, we can help these financial institutions protect their customers and make it harder for these criminals to operate.”

Through the partnership, financial institutions including community banks and credit unions, that work with Alloy will now have access to the Certos solutions' risk signals derived from activity patterns across a network of more than 5,000 U.S. banks and credit unions of all sizes, payment companies, merchants, and government agencies – providing these institutions with the signals needed to make informed decisions.

“With fraud evolving rapidly, financial institutions need to be able to identify fraudsters before they can steal money from the organization,” said Brian Bender, General Manager of Partner Solutions at Alloy. “Adding Certos to our partner solutions network increases our clients’ ability to share threat intelligence, which makes the tactics criminals use less effective and harder to scale, helping better protect America’s consumers and small businesses from economic disruption.”

Community banks and credit unions using Alloy can leverage Certos to:

  • Confirm in real time that a bank account belongs to the right person, helping reduce account takeover and fraudulent payment redirections
  • Detect mismatched identities when a fraudster tries to link accounts, before money ever starts moving
  • Strengthen fraud detection using better data and risk signals to spot suspicious and criminal behavior earlier

Certos is backed by the history of Early Warning for stopping criminal fraud activity. For more than 35 years, the company has worked with financial institutions, law enforcement, and federal agencies to disrupt billions of dollars in financial crime and stop millions of potentially fraudulent payments. Certos is the next evolution of that work. Last year, solutions in the Certos portfolio of products:

  • Helped stop $3.7 billion in potential fraud
  • Screened over $11.4 trillion in payments and deposit transactions for activity like counterfeit information and washed or altered checks
  • Supported 124 million new bank and credit union account applications

Certos provides threat intelligence signals that support fraud prevention but does not make bank account-related or financial access decisions. Financial institutions and other organizations retain full control over onboarding, authentication, and transaction processes.

As a reseller of the Account Ownership Authentication (AOA) solution, Alloy will manage contracting, integration, and ongoing maintenance for its customers.
 

About Certos

CertosSM is a unified portfolio of fraud and identity solutions that helps financial institutions distinguish real customers from synthetic or stolen identities at account opening, reducing payments and identity fraud while expanding access to critical financial services. It is backed by Early Warning Services, LLC – the company behind Zelle® and the Paze® digital wallet – which has worked with financial institutions the 35-years to drive prosperity, deliver bold innovation and improve how payments are made. For more information, visit www.certos.com.
 

About Alloy

Alloy is the AI-powered identity and fraud prevention platform that unifies agentic automation and machine learning across the entire customer lifecycle, enabling fast onboarding, ongoing fraud monitoring, and simplified compliance for financial institutions and fintechs. Backed by the industry's broadest open data network and orchestration engine, Alloy enables clients to grow their business with confidence. With offices in New York City and London, Alloy enables more than 800 leading financial organizations around the globe to manage risk at scale. Learn more at alloy.com.
 

Media May Contact:

Certos
Eric Blankenbaker
eric.blankenbaker@earlywarning.com
929.745.0923

Ava Castelli
ava.castelli@earlywarning.com

Alloy
Kylee Sibilia
Kylee@alloy.com