Cloud-native core banking platform 10x Banking has entered a partnership with Alloy, an identity and fraud prevention platform. This partnership will integrate Alloy’s data network directly into 10x’s core banking platform, allowing financial institutions to make more informed lending and account opening decisions. The solution aims to provide improved decision-making capabilities, enabling faster, more accurate business choices that meet the demands of real-time market environments. The modular decisioning tool also enables institutions to originate, personalise, and manage loans directly within 10x’s platform.
Source: thepaypers.com