Alchemy Technologies (“Alchemy”), the award winning Fintech Infrastructure Development Company, is excited to announce a partnership with SentiLink, the industry leading SaaS solution to stop synthetic fraud. This partnership enables Alchemy clients to efficiently detect fake identities, reduce fraud fraud losses and boost approval rates.
“Our partnership with SentiLink brings best in class identity verification services and Alchemy’s embedded finance technology together in a single offering. It increases speed to market for our common clients in personal and commercial lending, point of sale financing applications.”, said Timothy Li, CEO of Alchemy. “Synthetic fraud remains as one of the more difficult types of fraud to detect and mitigate. SentiLink’s synthetic fraud score is a strong predictor that predicts the likelihood of identity fraud in real time. We are pleased to partner with SentiLink to offer this identity fraud detection solution to all our customers.”
SentiLink’s technology helps lenders combat synthetic fraud, a crime in which fake identities are created and used to defraud financial institutions. By partnering with Alchemy, SentiLink can make its API available to Alchemy clients allowing them to flag suspicious applications more accurately.
“All of us at SentiLink are thrilled to be working with the Alchemy team. Our partnership will allow more organizations to stop identity fraud by combining SentiLink’s breakthrough fraud detection technology and insights with Alchemy’s leading lending orchestration platform.”, said Naftali Harris, CEO of SentiLink.
SentiLink is a leader in identity verification technology for financial institutions. A fusion of data, machine learning and human intelligence powers SentiLink solutions with unparalleled accuracy. Its predictive capabilities enable real-time authentication of identities. Institutions doing business digitally can approve more people, faster with SentiLink’s products.
Alchemy is a FinTech infrastructure company that powers FinTech and Banks with an end-to-end cloud based SaaS solution. Their award-winning lending software provides a full package of powerful loan modules, including for customer application, loan origination, underwriting, loan management, payments, communications, secondary market, collections and modules allowing merchants and partners to invest.