Case Study: Skyla Credit Union achieves faster growth and lower fraud with Alloy

Skyla Credit Union boosts account openings 70% with Alloy

Skyla Credit Union faced a challenge with a slow, heavily manual member onboarding process that created operational backlogs and introduced friction for new members. Their outdated fraud checks were also increasingly ineffective. To support its growth goals, the credit union partnered with Alloy for identity and fraud decisioning to modernize its approach.

By implementing Alloy's solution, Skyla Credit Union automated its onboarding workflow and used intelligent, layered identity checks. This resulted in a 70% growth in account openings, a 74% reduction in monthly fraud losses, and a 65% reduction in operational costs, enabling faster and safer scalable growth.

Skyla Credit Union