Data Zoo, a leading global identity verification provider, has announced a strategic partnership with Alloy, an identity and fraud prevention platform trusted by over 600 banks, credit unions, and fintech companies. This partnership aims to simplify global customer onboarding and enhance compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations.
By integrating Data Zoo’s global data assets into Alloy’s orchestration platform, financial institutions can seamlessly access both traditional and non-traditional data sources through a single API, improving accuracy in identity verification and expanding their reach into new international markets.
Reducing Fraud and Onboarding Friction
The integration provides financial organizations with a powerful tool to reduce synthetic identity fraud while minimizing friction in the onboarding process. Alloy’s clients can now leverage Data Zoo’s data for primary or supplemental identity verification, cutting operational costs and speeding up expansion into new regions.
“Our mission at Data Zoo is to offer businesses worldwide access to identity data that enhances financial inclusion while blocking fraud,” said Charlie Minutella, CEO of Data Zoo. “Partnering with Alloy allows us to bring our comprehensive data into a platform already trusted by financial institutions, helping them mitigate risk while growing safely.”
Expanding Safe, Compliant Onboarding
Financial institutions are increasingly balancing seamless customer onboarding with compliance requirements. Data Zoo’s global data coverage enables Alloy’s clients to access critical identity information from multiple markets, ensuring precise verification across borders.
“Alloy’s platform is built to prevent fraud while supporting business growth,” said Keith Kettell, CRO at Alloy. “With Data Zoo’s global data integration, our clients can confidently expand to new geographies, reduce fraud risks, and stay compliant with regulatory standards.”
The partnership between Data Zoo and Alloy represents a powerful combination of technology and data, empowering financial institutions to expand globally while enhancing customer trust and security.
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