Alloy Introduces AI-Powered Fraud Attack Radar for Financial Institutions

Alloy has launched its latest solution, Fraud Attack Radar, an AI-powered tool designed to provide financial institutions and fintechs with real-time actionable intelligence to combat fraud. Announced in a press release, this new offering aims to address the increasing fraud risks by alerting institutions when a suspected fraud attack is occurring, allowing them to take immediate action.

Fraud Attack Radar leverages machine learning to predict and identify fraud threats targeting new account creation. It provides financial institutions with instant alerts and actionable insights, enabling them to proactively manage fraud without hindering growth. According to Alloy's 2025 State of Fraud report, 60% of financial institutions reported an increase in fraud events last year, highlighting the need for such proactive measures.

The solution is designed to work at a portfolio level, offering a comprehensive view of identity risk across applications. It allows organizations to deploy conservative policies instantly to mitigate risks while maintaining open channels for low-risk applicants. Existing Alloy clients can easily adopt Fraud Attack Radar without complex configurations, making it a seamless addition to their current systems.

Fraud Attack Radar is now available to all Alloy clients using the platform for account origination in the United States, providing them with a robust tool to stay ahead of fraud threats.