Q2 Announces New Partnership with Alloy to Deliver Joint Fraud Monitoring Solution for Banks and Credit Unions
Q2 Holdings Inc. (NYSE: QTWO) has announced a strategic partnership with Alloy to provide a joint fraud monitoring solution for Q2 Digital Banking customers. The partnership aims to address ongoing fraud risks, including account takeover and peer-to-peer payment fraud, while maintaining user experience quality.
The solution combines Q2's digital banking platform with Alloy's identity decision engine for real-time fraud detection and prevention. According to Alloy's upcoming 2025 State of Fraud Benchmark Report, one-third of financial institutions lost over $1 million to fraud last year, with account takeover fraud being the most common type among mid-market banks and credit unions in 2024.
The joint solution will integrate Q2's digital banking data and Q2 Innovation Studio with Alloy's data partner network, offering real-time risk assessments and ongoing monitoring capabilities. This partnership aims to help financial institutions distinguish between genuine and risky customers while improving operational efficiency through centralized decisioning and streamlined case management.
Q2 Holdings Inc. (NYSE: QTWO) ha annunciato una partnership strategica con Alloy per fornire una soluzione congiunta di monitoraggio delle frodi per i clienti del digital banking di Q2. L'obiettivo della partnership è affrontare i rischi di frode in corso, inclusi il furto di account e le frodi nei pagamenti peer-to-peer, mantenendo al contempo la qualità dell'esperienza utente.
La soluzione combina la piattaforma di digital banking di Q2 con il motore decisionale per l'identità di Alloy per la rilevazione e prevenzione delle frodi in tempo reale. Secondo il prossimo Rapporto Benchmark sullo Stato delle Frodi 2025 di Alloy, un terzo delle istituzioni finanziarie ha perso oltre 1 milione di dollari a causa di frodi lo scorso anno, con il furto di account che risulta essere il tipo più comune tra le banche di medie dimensioni e le cooperative di credito nel 2024.
La soluzione congiunta integrerà i dati di digital banking di Q2 e il Q2 Innovation Studio con la rete di partner dati di Alloy, offrendo valutazioni del rischio in tempo reale e capacità di monitoraggio continuo. Questa partnership mira ad aiutare le istituzioni finanziarie a distinguere tra clienti genuini e rischiosi, migliorando al contempo l'efficienza operativa attraverso decisioni centralizzate e una gestione dei casi semplificata.
Q2 Holdings Inc. (NYSE: QTWO) ha anunciado una asociación estratégica con Alloy para proporcionar una solución conjunta de monitoreo de fraudes para los clientes de Banca Digital de Q2. La asociación tiene como objetivo abordar los riesgos de fraude en curso, incluidos el robo de cuentas y el fraude en pagos entre pares, al tiempo que se mantiene la calidad de la experiencia del usuario.
La solución combina la plataforma de banca digital de Q2 con el motor de decisiones de identidad de Alloy para la detección y prevención de fraudes en tiempo real. Según el próximo Informe Benchmark sobre el Estado del Fraude 2025 de Alloy, un tercio de las instituciones financieras perdió más de 1 millón de dólares por fraude el año pasado, siendo el robo de cuentas el tipo más común entre los bancos de mercado medio y las cooperativas de crédito en 2024.
La solución conjunta integrará los datos de banca digital de Q2 y el Q2 Innovation Studio con la red de socios de datos de Alloy, ofreciendo evaluaciones de riesgo en tiempo real y capacidades de monitoreo continuo. Esta asociación tiene como objetivo ayudar a las instituciones financieras a distinguir entre clientes genuinos y riesgosos, al tiempo que mejora la eficiencia operativa a través de decisiones centralizadas y una gestión de casos simplificada.
Q2 Holdings Inc. (NYSE: QTWO)는 Alloy와의 전략적 파트너십을 발표하며 Q2 디지털 뱅킹 고객을 위한 공동 사기 모니터링 솔루션을 제공할 것입니다. 이 파트너십의 목적은 사용자 경험 품질을 유지하면서 계정 탈취 및 P2P 결제 사기를 포함한 지속적인 사기 위험을 해결하는 것입니다.
이 솔루션은 Q2의 디지털 뱅킹 플랫폼과 Alloy의 신원 결정 엔진을 결합하여 실시간 사기 탐지 및 예방을 진행합니다. Alloy의 2025년 사기 벤치마크 보고서에 따르면, 지난 해 금융 기관의 3분의 1이 사기로 인해 100만 달러 이상을 잃었으며, 계정 탈취 사기가 2024년 중형 은행 및 신용 조합에서 가장 흔한 유형으로 나타났습니다.
공동 솔루션은 Q2의 디지털 뱅킹 데이터와 Q2 Innovation Studio를 Alloy의 데이터 파트너 네트워크와 통합하여 실시간 위험 평가 및 지속적인 모니터링 기능을 제공합니다. 이 파트너십은 금융기관이 진짜 고객과 위험한 고객을 구별할 수 있도록 돕고, 중앙 집중식 의사 결정 및 간소화된 사례 관리를 통해 운영 효율성을 향상시키는 것을 목표로 하고 있습니다.
Q2 Holdings Inc. (NYSE: QTWO) a annoncé un partenariat stratégique avec Alloy pour fournir une solution conjointe de surveillance des fraudes pour les clients de la banque numérique de Q2. Le partenariat vise à aborder les risques de fraude en cours, y compris le vol de compte et la fraude par paiement entre particuliers, tout en maintenant la qualité de l'expérience utilisateur.
La solution combine la plateforme de banque numérique de Q2 avec le moteur de décision d'identité d'Alloy pour la détection et la prévention de la fraude en temps réel. Selon le prochain Rapport d'Évaluation de l'État de la Fraude 2025 d'Alloy, un tiers des institutions financières a perdu plus d'un million de dollars à cause de fraudes l'année dernière, le vol de compte étant le type le plus courant parmi les banques de taille intermédiaire et les coopératives de crédit en 2024.
La solution conjointe intégrera les données de banque numérique de Q2 et le Q2 Innovation Studio avec le réseau de partenaires de données d'Alloy, offrant des évaluations de risque en temps réel et des capacités de surveillance continues. Ce partenariat vise à aider les institutions financières à distinguer entre les clients authentiques et risqués tout en améliorant l'efficacité opérationnelle grâce à une prise de décision centralisée et à une gestion des cas rationalisée.
Q2 Holdings Inc. (NYSE: QTWO) hat eine strategische Partnerschaft mit Alloy bekannt gegeben, um eine gemeinsame Lösung zur Betrugsüberwachung für die Kunden im Digital Banking von Q2 bereitzustellen. Das Ziel der Partnerschaft ist es, laufende Betrugsrisiken, einschließlich Kontoübernahmen und Betrug bei Peer-to-Peer-Zahlungen, anzugehen und gleichzeitig die Qualität der Benutzererfahrung aufrechtzuerhalten.
Die Lösung kombiniert die digitale Banking-Plattform von Q2 mit der Identitätsentscheidungs-Engine von Alloy zur Echtzeiterkennung und -verhinderung von Betrug. Laut Alloy's bevorstehendem Bericht zum Benchmark-Status des Betrugs 2025 hat ein Drittel der Finanzinstitute im letzten Jahr über 1 Million US-Dollar durch Betrug verloren, wobei Kontoübernahmebetrug der häufigste Typ unter mittleren Banken und Kreditgenossenschaften im Jahr 2024 war.
Die gemeinsame Lösung wird die Daten des digitalen Bankings von Q2 und das Q2 Innovation Studio mit dem Partnernetzwerk von Alloy integrieren und dabei Echtzeistrisikobewertungen und laufende Überwachungsmöglichkeiten bieten. Diese Partnerschaft zielt darauf ab, den Finanzinstituten zu helfen, zwischen echten und riskanten Kunden zu unterscheiden, während die Effizienz der Betriebsabläufe durch zentrale Entscheidungen und ein optimiertes Fallmanagement verbessert wird.
- Strategic partnership enhances Q2's fraud monitoring capabilities
- Real-time risk assessment and interdiction capabilities added to platform
- Integration with multiple third-party data sources for improved fraud detection
- Streamlined case management and centralized decisioning system implementation
- None.
Insights
This strategic partnership marks a pivotal advancement in Q2 Holdings' (NYSE: QTWO) fraud prevention capabilities, introducing a sophisticated solution that could significantly impact its market position and revenue potential. The collaboration addresses a critical pain point in the financial services industry, where the delicate balance between security and user experience has become increasingly challenging.
The integration of Alloy's identity decision engine with Q2's digital banking platform creates several competitive advantages:
- Real-time risk assessment and interdiction capabilities, enabling immediate response to suspicious activities
- Enhanced identity verification through multiple data source integration
- Improved operational efficiency through centralized decisioning
- Customizable friction levels based on risk assessment
The timing is particularly strategic, as financial institutions face mounting pressure from sophisticated fraud attempts. The solution's ability to distinguish between legitimate users and potential fraudsters while maintaining seamless experiences for genuine customers addresses a important market need. This could strengthen Q2's value proposition to its existing client base and potentially attract new financial institutions looking for comprehensive fraud prevention solutions.
From a business perspective, this partnership could positively impact Q2's revenue streams through:
- Additional service fees from the new fraud monitoring solution
- Increased client retention due to enhanced platform capabilities
- Potential expansion of market share in the digital banking solutions space
The integration with Q2 Innovation Studio and ability to adapt to emerging fraud threats positions this solution as a forward-looking offering in the rapidly evolving financial security landscape. For investors, this partnership demonstrates Q2's commitment to innovation and ability to address critical market needs, potentially strengthening its competitive position in the digital banking solutions market.
Partnership empowers financial institutions to manage their fraud posture by balancing proactive monitoring and account holder experience
Through this partnership, Q2 and Alloy will deliver a solution that addresses ongoing fraud risks, such as account takeover and peer-to-peer (P2P) payment fraud, that continuously threaten financial institutions. According to Alloy’s upcoming 2025 State of Fraud Benchmark Report one in three financial institutions lost over
“The joint solution Q2 and Alloy are offering will go a long way towards enabling financial institutions to prevent fraud without hindering customer experiences, which is a very difficult thing to do,” said Matt Quale, President of Digital Banking at Forbright Bank. “I’m excited about this partnership’s ability to facilitate business growth and mitigate fraud losses for banks and credit unions.”
Alloy will serve as the centralized identity decision engine, integrating Q2’s digital banking data, Q2 Innovation Studio, and Alloy’s robust data partner network to help financial institutions prevent more fraud. The ongoing fraud monitoring offering will be the first solution to actively ingest user activity signals coupled with fraud signals from multiple third-party data sources with the ability to interdict in real time on risky activities that may occur within the Q2 Digital Banking platform.
“We believe that successful fraud prevention starts with a holistic approach to understanding identity,” said Parilee Wang, Chief Product Officer at Alloy. “That means not just tracking the suspicious movement of money, but also separating out the identities of fraudsters from those of genuine customers. Our joint solution with Q2 brings together the various data sources financial institutions need to more clearly understand their customer so they can better reduce criminal activity throughout the customer lifecycle.”
By bringing together events in Q2 digital banking with industry-leading third-party data vendors in Alloy's identity-centric decisioning platform, the joint solution will provide real-time digital banking user action risk assessments and ongoing monitoring. The partnership will also help distinguish genuine customers from the risky ones ensuring that genuine customers benefit from a seamless digital banking experience while strategically introducing healthy friction for riskier customers.
Additionally, it will improve operational efficiency via centralized decisioning and streamlined case management.
“This strategic partnership between Q2 and Alloy represents an evolution in fraud prevention for financial institutions who leverage Q2’s digital banking platform," said Jim Mortensen, Strategic Advisor at Datos Insights. "By combining Q2's digital banking platform with Alloy's identity-centric fraud prevention and orchestration capabilities, Q2’s clients can leverage a more dynamic approach to fraud detection. What makes this partnership particularly compelling is the real-time risk assessment and interdiction capabilities coupled with the ability for client FIs to make timely modifications to their fraud detection processes rapidly. This approach should help Q2 clients strike that crucial balance between strong fraud prevention and maintaining the seamless digital experience consumers expect."
“Banks and credit unions need scalable fraud solutions to combat growing fraud threats while maintaining an engaging customer experience,” said Jeff Scott, VP of fraudtech solutions at Q2. “Our partnership with Alloy will enhance existing native fraud monitoring capabilities within Q2 Digital Banking, providing a scalable, flexible, and identity-centric approach to fraud monitoring across digital channels. We are committed to continuously empowering our customers to help them fight against fraud and protect their account holders.”
To learn more about Alloy and Q2’s new solution, please visit this link.
About Q2 Holdings, Inc.
Q2 is a leading provider of digital transformation solutions for financial services, serving banks, credit unions, alternative finance companies, and fintechs in the
About Alloy
Alloy provides an Identity and Fraud Prevention Platform that enables global financial institutions and fintechs to manage identity risk so they can grow with confidence. Over 600 of the world’s largest financial institutions and fintechs turn to Alloy’s end-to-end platform to access actionable intelligence and the broadest network of data sources across the industry, as well as stay ahead of fraud, credit, and compliance risks. Founded in 2015, Alloy is powering the delivery of great financial products to more customers around the world.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250122773860/en/
Media Contact
Maria Gari
Q2 Holdings, Inc.
Maria.gari@q2.com
315-657-0041
Alloy
Larissa Padden
202-841-4419
Larissa.Padden@Cognitomedia.com
Source: Q2 Holdings, Inc.
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