Alacrity

Alacrity is a comprehensive fraud prevention platform that helps businesses combat account takeovers and other types of fraud. It offers a suite of features powered by artificial intelligence and machine learning to detect and mitigate fraud in real-time.

Key features:
- Passkeys: Provides the most secure form of user authentication, replacing traditional passwords.
- Native Push 2FA: Offers a convenient and secure two-factor authentication method for customers.
- Multistep SMS 2FA: Prevents social engineering attacks by educating customers before providing a verification code.
- No-Code Rules Engine: Allows businesses to easily create custom fraud detection rules without engineering support.
- No-Code Feature Extraction: Enables the creation of new features for fraud detection using SQL, directly from the business's database.
- Real-time Decisioning: Processes fraud signals in real-time to quickly identify and block fraudulent activities.
- 3rd Party Integrations: Connects with external identity verification services to enhance KYC compliance and reduce identity fraud.

How it works:
1. Implement Alacrity's authentication methods, including passkeys and two-factor authentication options.
2. Set up custom fraud detection rules using the no-code rules engine.
3. Extract relevant features from your database using the no-code feature extraction tool.
4. Process fraud signals in real-time to identify and block fraudulent activities.
5. Integrate with third-party identity verification services as needed.

Integrations:
External identity verification services

Use of AI:
Alacrity leverages artificial intelligence and machine learning to power its fraud detection capabilities. The platform utilizes these technologies to analyze patterns, detect anomalies, and make real-time decisions to prevent fraudulent activities.

AI foundation model:
Alacrity uses a proprietary AI model for its fraud detection system. The specific foundation model or LLM used is not publicly disclosed.

Target users:
- Businesses of all sizes
- Fintech companies
- E-commerce platforms
- Digital service providers

How to access:
Alacrity is available as a web-based platform and can be integrated into businesses' systems through APIs and SDKs. Users must sign up for a subscription to access its features. Pricing information is available upon request.