IncredibleBank selected Alloy's Identity and Fraud Prevention Platform to automate digital account opening.
What happened
- The case study reports that IncredibleBank automated 90% of applications.
- The case study reports a 88% reduction in new account approval times with Alloy.
- The case study states that Alloy's real-time risk assessments combine five different data sources.
- The case study states IncredibleBank is deploying Alloy in-branch.
Why it matters to Signicat
- Alloy is positioned against Signicat in US bank digital onboarding; this is a mid-size customer story, not a flagship win.
- Limited relevance to Signicat's core European markets; the case involves a US bank with no eID or wallet content.
Evidence from the source (6 quotes)
- “IncredibleBank automated 90% of applications, enabling faster customer onboarding and reallocating resources to growth initiatives.” source ↗
- “With Alloy, IncredibleBank reduced new account approval times by 88%” source ↗
- “Alloy’s real-time risk assessments combine five different data sources, creating a holistic risk profile for each applicant.” source ↗
- “it is now deploying Alloy in-branch” source ↗
- “Alloy’s enterprise Identity and Fraud Prevention Platform” source ↗
- “As one of the leading digital-focused community banks in the U.S.” source ↗
Orchestration platformFraud deepfake injectionCase studyGlobal
5 of 5 facts verified against the source · confidence medium · claude-haiku-5-5