Alloy Reports Over 900 Customers and Expands Agentic AI Offerings in Early 2026

July 20, 2026
Alloy announced that its identity and fraud prevention platform now serves more than 900 financial institutions and fintechs, driven by new agentic AI capabilities and expanded European operations.

Alloy announced in a press release that its identity and fraud prevention platform now serves more than 900 financial institutions and fintech companies. The company cited strong adoption of its AI Assistant and risk based authentication tools during the first half of 2026.

The AI Assistant is an agentic AI feature built into Alloy's risk and identity infrastructure. It automates compliance investigations and achieved 80 percent automation rates in early production use. Alloy also expanded its fraud intelligence network through new and extended partnerships with data providers such as Certos by Early Warning Services and Plaid.

In Europe, Alloy launched its perpetual KYB solution in the United Kingdom and the European Union. The feature automatically updates business verification when ownership or registry data changes, extending Alloy's continuous monitoring approach to commercial clients. Embedded payments provider Modulr selected Alloy to manage its KYC and KYB processes across international markets.

The company added key engineering leaders, including Andrew Glenn as Vice President of Engineering for Decisioning and Sam Swift to lead Intelligence engineering. Ryan Morrison joined as Head of EMEA to support Alloy’s regional growth and its financial crime platform expansion.

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