Episode 142 of the Public Key podcast is here! Fraud is the leading concern for many traditional and crypto companies navigating the non-face to face onboarding process and today we bring back one of our most popular episodes, as we speak with Tommy Nicholas (CEO of Alloy), who has been helping companies combat fraud for over 8 years. We also stitch in some recent insights from Rich Scioli, Alloy’s General Manager of Global Fintech. Rich brings us up to speed on the latest in fraud prevention, crypto security, and gives us the real story behind the rise and fall of embedded finance.
You can listen or subscribe now on Spotify, Apple, or Audible. Keep reading for a full preview of episode 142.
Public Key Episode 142: Your fraud model is broken and here is why
When Tommy Nicholas (CEO of Alloy) wrote a blog titled, Your Fraud Model Is Broken, you had to know he and Ian Andrews (Host) were going to have a fun and insightful conversation.
This episode was originally published on December 5, 2023, where Tommy discussed how early NFTs and Bitcoin transaction speeds got him interested in the space and years later his company Alloy is now servicing Fintechs, Crypto and TradFi companies managing their compliance, AML, credit, and fraud risk.
He explains the broken fraud model and the need for a shift in approach to focus on the person rather than just the transaction. He emphasizes the importance of transparency and accountability by regulators in the industry and the burdensome requirements placed on the private sector.
To share insights since the episode was published last year, we added fresh commentary from Rich Scioli, Alloy’s General Manager of Global Fintech. Rich brings us up to speed on the latest in fraud prevention, crypto security, and gives us the real story behind the rise and fall of embedded finance.
今回のエピソードの名言
“It’s not enough to just look at traditional KYC sources or run diagnostics on email addresses, thinking about the strategies that maybe were 5 or 6 years ago, where leading institutions are investing in, is really going broad and deep. So looking at, you know, points of interaction, the way individuals are interacting with forums online, looking at geolocation data, looking at IP data, looking at consortia data.” – Rich Scioli (General Manager of Global Fintech, Alloy)
エピソードの分単位の解説
- (2:10) – Alloy’s role in managing wide variety of risks for companies dealing with money
- (5:08) – Alloy as an operating system for risk management instead of just another risk solution
- (7:23) – The frustration behind the blog “Your Fraud Model is Broken”
- (14:33) – The burden and costs of money laundering controls on the private sector
- (18:27) – The inefficiency of processing suspicious activity reports
- (19:50) – Updated: The State of Embedded Finance Report Key Takeaways
- (22:56) – Threat actors taking advantage of online onboarding
- (30:03) – How Alloy got into the crypto industry and fraudulent practices they have identified
- (32:15) – Updated: The evolution of fraud going into 2025 and beyond
- (33:13) – Involvement in the NFT community and the potential of digital collectibles
- (36:45) – Updated: Cross border payments, stablecoins and everything in between
- (42:00) – International look at fraud and compliance for the fintech / crypto industry
- (47:00) – Updated: What to look out for from Alloy and the crypto industry
関連リソース
『Chainalysis 』が提供する、今回の『公開鍵 』のエピソードと完璧に相性の良いその他のリソースもぜひご覧ください。
- Website: Stop fraud, stay compliant, and solve your identity risk problem
- Report: Alloy’s Annual State of Compliance Benchmark Report 2023
- Article: Your fraud model is broken
- Blog: Banks have a friction challenge
- Report: 2024 State of Embedded Finance Report
- Report: The 2024 Crypto Maturity Journey: How Traditional Finance Can Adopt Cryptocurrency in Stages
- YouTube: Chainalysis YouTubeページ
- ツイッター: Chainalysis ツイッター: 信頼を築くブロックチェーン
- TikTok: Building trust in #blockchains among people, businesses, and governments.
- Telegram:Chainalysis Telegram上で
本日のエピソードの出演者
- Ian Andrews * Host *
- Tommy Nicholas (CEO, Alloy)
- Rich Scioli (General Manager of Global Fintech, Alloy)
本ウェブサイトには、[email protected], Inc. またはその関連会社（以下、総称して「[email protected]」）の管理下にない第三者のサイトへのリンクが含まれている場合があります。Chainalysis, Inc. またはその関連会社（以下、総称して「Chainalysis」）の管理下にはありません。当該情報へのアクセスは、Chainalysis が当該サイトまたはその運営者との提携、支持、承認、または推奨を行っていることを意味するものではなく、Chainalysis は、当該サイトで提供される製品、サービス、その他のコンテンツについて一切の責任を負いません。
当社のポッドキャストは情報提供のみを目的としており、法律、税務、財務、または投資に関するアドバイスを提供するものではありません。リスナーの皆様は、こうした決定を行う前に、各自のアドバイザーに相談してください。『Chainalysis 』は、本コンテンツの利用に関連して、つながり において行われたいかなる決定、その他の作為または不作為についても、一切の責任を負いません。
Chainalysis 当社は、特定のポッドキャスト に掲載されている情報の正確性、完全性、適時性、適合性、または有効性を保証するものではなく、当該資料のいかなる部分における誤り、欠落、またはその他の不正確さに起因するいかなる請求についても責任を負いません。
特に断りのない限り、特定の製品や団体への言及は、Chainalysis による推奨や推薦を意味するものではありません。ゲストが表明する見解はあくまで個人のものであり、番組への出演は、当該ゲストやその代表する団体に対する推奨を意味するものではありません。Chainalysis の従業員が表明する見解や意見は、当該従業員個人のものであり、必ずしも会社の見解を反映するものではありません。
