Data Zoo, a global leader in identity verification solutions, has announced a strategic partnership with Alloy, a trusted provider of fraud prevention and identity decisioning solutions. This collaboration aims to transform customer onboarding for financial institutions and fintech firms, ensuring a seamless, secure, and globally compliant identity verification process.
Bridging the Gap Between Compliance and Customer Experience
As financial services continue to digitise and expand across borders, institutions face increasing challenges in verifying customer identities while remaining compliant with strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. The integration of Data Zoo’s extensive global identity data into Alloy’s orchestration platform provides a streamlined solution, helping businesses navigate complex regulatory landscapes without introducing friction into the onboarding process.
This partnership enables financial organisations to verify both new and existing customers across multiple markets using a single API, eliminating the need for multiple integrations and reducing operational inefficiencies. By leveraging Data Zoo’s real-time global identity coverage, Alloy clients can access a wider range of traditional and non-traditional data sources, ensuring higher accuracy and fraud detection while accelerating international expansion.
Enhancing Fraud Prevention with Data-Driven Intelligence
With fraud threats, such as synthetic identity fraud, account takeovers, and money laundering, becoming increasingly sophisticated, financial service providers require advanced, data-driven verification solutions to stay ahead of criminals. This collaboration reinforces fraud detection capabilities, enabling institutions to validate identities with precision, reduce false positives, and improve risk assessment in real time.
“At Data Zoo, we are committed to delivering secure, scalable, and compliant identity verification solutions to support financial inclusion while blocking fraudulent activities,” said Charlie Minutella, CEO of Data Zoo. “By integrating our global data network into Alloy’s trusted platform, we empower financial institutions to strengthen fraud prevention, streamline onboarding, and expand into new markets confidently.”
A Future-Ready Approach to Compliance and Risk Management
Regulatory bodies worldwide are tightening compliance requirements, making robust identity verification more critical than ever. The Data Zoo-Alloy integration allows financial firms to maintain compliance with evolving KYC, AML, and fraud prevention standards without compromising on speed or customer experience.
Beyond fraud prevention, the partnership provides a scalable framework for automating due diligence, reducing operational costs, and enhancing the overall security posture of financial institutions. Alloy’s advanced risk decisioning engine, combined with Data Zoo’s real-time identity verification, ensures that businesses can mitigate fraud risks proactively, rather than reacting after a security breach occurs.
“Alloy is dedicated to empowering financial institutions with the tools they need to combat fraud while enabling business growth,” said Keith Kettell, Chief Revenue Officer at Alloy. “With Data Zoo’s global identity data seamlessly integrated into our platform, our clients can confidently onboard users across different geographies while ensuring compliance and security.”
Pioneering the Future of Digital Identity Verification
As the financial sector continues to embrace digital transformation, ensuring secure, compliant, and frictionless customer onboarding remains a key priority. The Data Zoo-Alloy partnership sets a new industry benchmark for global identity verification, allowing institutions to access a more secure, efficient, and scalable verification framework.
By combining advanced data intelligence, seamless automation, and regulatory compliance, this collaboration shapes the future of identity verification enhancing security, reducing fraud, and unlocking new opportunities for financial institutions worldwide.
