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Grasshopper reduces manual reviews with Alloy risk solution

Digital bank’s manual reviews down 57%

Whitney McDonaldbyWhitney McDonald
September 20, 2024
in Risk & Security
Reading Time: 2 mins read
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Grasshopper Bank has reduced manual reviews in its onboarding process by 57% through fintech Alloy’s risk-management solution.   The bank implemented Alloy’s Identity Risk Solution in March 2022. At the time, 20% of its applications were reviewed manually to monitor for fraud, Lauren McCollom, head of embedded finance at Grasshopper, told Bank Automation News.  With Alloy’s […]

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Tags: fraud and anti-fraudGrasshopper BankPremium
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