- API Access Management
- Single Sign-On (SSO)
- User Activity Monitoring
- Role Management
- Multi-factor Authentication
Effortless identity management for fintech and banks.
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Alloy is a powerful identity management platform designed to help fintech companies and banks take the hassle out of credit underwriting, transactions, and customer onboarding. It connects users to their information securely, offering an in-depth view of their behavior since ... Read More
API Access Management is a crucial feature that allows organizations to securely manage and control access to their APIs (Application Programming Interfaces). An API is a set of protocols and tools that enable two different software systems to communicate with each other. By utilizing this feature, organizations can effectively manage the usage of their API endpoints and ensure that only authorized users and applications have access to the APIs. API Access Management works by authenticating and authorizing the requests that are made to the API. This means that before any data
Single sign-on (SSO) allows users to log in to various applications with a single set of credentials, making it safe and straightforward. It's an authentication method in which users are provided only one set of login credentials to make the procedure easier. This eliminates the need for users to log in and out of different applications independently.
User Activity Monitoring (UAM) is a software feature that allows organizations to monitor and track the activities of their users within their network. This feature enables companies to analyze user behavior, identify potential security threats, and ensure compliance with company policies. With UAM, companies can track user login and logout times, application usage, internet browsing history, file access, and data transfers. This information is collected and stored in a central database, providing a detailed log of user activity. The monitoring is done in
Role Management is a key feature that allows users to control and manage individual roles and their permissions within a software or application. It offers a centralized platform for administrators to assign specific roles to users, limiting their access to only the necessary features and functions, thereby ensuring better security and control over the software. This feature is especially valuable in organizations where different teams or individuals have access to different sets of data and functionalities. With the role management feature, administrators can easily assign different roles, such as user, administrator
Multi-factor authentication (MFA) is a security mechanism that verifies a user's identity for a login or other transaction by requiring multiple ways of verification from separate categories of credentials. Multi-factor authentication combines two or more distinct credentials: what the user knows, such as a password; what the user owns, such as a security token; and who the user is, as determined by biometric verification methods. The purpose of multi-factor authentication is to construct a layered defense that makes it more difficult for an unauthorized person to access a target, such as a physical location, computing device, network, or database. Even if one element is compromised or damaged, the attacker still needs to get through at least one or more barriers before breaking into the target.
Password management is a software feature that allows individuals or organizations to securely manage and store their login credentials for various online accounts and applications. It serves as a centralized platform for users to store their usernames, passwords, and other sensitive information in one location, eliminating the need to remember and store multiple login details for different accounts. The primary purpose of password management is to enhance the security of online accounts and prevent unauthorized access. This is achieved through the use of advanced encryption technologies to safeguard the stored information. Users
Account management is a crucial feature that is commonly found in software used for managing various types of accounts. This feature is specifically designed to help users efficiently manage their accounts and perform various tasks related to them. The main purpose of account management is to provide users with a central location where they can easily view and track all their accounts, as well as perform actions such as making changes, creating new accounts, and closing old ones. One of the key benefits of account management is its ability to keep all account
Access Request Management is a software feature that allows organizations to control and manage user access to various systems and applications within their network. It serves as a central point for managing access requests from users and other stakeholders, ensuring that access is granted only to authorized individuals. With Access Request Management, organizations can streamline their access granting process, improving overall efficiency and security. This feature enables users to submit access requests through a centralized portal, eliminating the need for manual processes and reducing the risk of unauthorized access. Administrators
Managers plan, coordinate, regulate, and lead operations that assure compliance with laws and standards through compliance management. It is the process of continuously monitoring and evaluating systems to verify that they meet industry and security standards and corporate and regulatory policies and mandates. This entails assessing infrastructure to detect noncompliant systems due to regulatory, policy, or standard changes, misconfiguration, or other factors. Noncompliance can lead to penalties, security breaches, certification revocation, and other company consequences. Staying on top of compliance changes and updates keeps your business processes running smoothly and saves you money.
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Alloy is a powerful identity management platform designed to help fintech companies and banks take the hassle out of credit underwriting, transactions, and customer onboarding. It connects users to their information securely, offering an in-depth view of their behavior since day one. Reports claim that when customers switch to Alloy, manual reviews are reduced by 50%, account openings are accelerated by 80%, and approval rates increase by 80%. With Alloy, your data is always secure. Backed by Amazon Web
Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].
Researched by Rajat Gupta