Trust & security
Built to a bank-grade standard before we ever touch a dollar.
Alador is a financial technology company, not a bank. We are pre-product and in private beta, coming in 2026. This page is an honest account of how the program is being designed — the partner-bank model, identity and sanctions screening, human authorization on every transfer, our anti-money-laundering commitments, and our approach to data security — so you can judge us on the requirements we know we have to meet, not on claims we have not yet earned.
The model
Not a bank — how the partner-bank model works.
Alador builds the software you use to manage project spend — the cards, budgets, approvals, and records. The accounts and cards behind it are designed to be issued by an FDIC-insured partner bank, with Alador acting as the program manager. We never hold your deposits on our own balance sheet.
- Accounts and cards are designed to be issued by the partner bank under its banking license and card program
- Alador never takes custody of customer funds in its own name
- Funds are designed to move on a pass-through basis on your own balances — so Alador is not a money transmitter and does not extend credit itself
- Any financing offered in the future would be originated by a partner lender and held off Alador's balance sheet
Your money
How your money is designed to be protected.
Because banking is provided by a regulated partner bank, eligible balances are designed to be held at that FDIC-insured bank rather than with Alador, where FDIC insurance applies through the bank when available — not through Alador. Alador's job is to make sure every dollar is scoped to a project, controlled before it moves, and accounted for after.
- Deposit accounts are designed to be held at an FDIC-insured partner bank; Alador is not a bank and is not FDIC-insured
- FDIC insurance, when available, is provided by the partner bank, subject to its terms and applicable limits
- Spend is limited by card controls, budget codes, and approvals set before money moves
- Customer balances are designed to reconcile against the partner bank's system of record
Identity & screening
Every person and business is verified before an account can be used.
Accounts are designed to be unusable until the people and the business behind them are identified, verified, and cleared against sanctions lists. We have built onboarding around this requirement rather than treating it as an afterthought.
- Identity verification (KYC) on the people and beneficial owners who open and use accounts
- Business verification (KYB) on the companies and their ownership structure
- OFAC and sanctions screening at onboarding and on an ongoing basis
- Fail-closed by design — accounts stay unusable until verification is complete
Approvals & audit trail
A named person authorizes every transfer; software never moves money on its own.
Alador is human-in-the-loop by design. Every payment is built to follow a verify, then authorize, then execute path, with a named person approving before anything leaves an account. The software can read documents and prepare a payment, but a person makes the decision, and every action is recorded.
- Every transfer follows verify, then authorize, then execute — no transfer happens without explicit human approval
- A named approver signs off before money moves — the software proposes, a person decides
- Approval routing and spend limits tied to roles, projects, and budget lines
- A complete, time-stamped audit trail on every action and approval, that reconciles to the underlying documents
Anti-money-laundering
A written BSA/AML program, with a real person accountable for it.
We are building a written BSA/AML program with a designated compliance officer, transaction monitoring, and clear escalation paths, designed and run together with our partner bank. We treat this as core infrastructure for the program, not paperwork.
- A designated BSA/AML compliance officer accountable for the program
- Ongoing transaction monitoring with risk-based rules and case review
- SAR and CTR obligations handled in coordination with the partner bank
- Recordkeeping and reporting designed to meet the partner bank's program and oversight requirements
Data security & privacy
Encryption, least-privilege access, and SOC 2 on the roadmap.
Your financial data is sensitive, and the program is being designed around protecting it. Data is designed to be encrypted in transit and at rest, with internal access limited to what each role requires and sensitive information minimized wherever it is not needed.
- Encryption of data in transit and at rest
- Least-privilege, role-based access with audit logging — people see only what their role requires
- Data minimization — sensitive personal data kept transient where possible
- A SOC 2 program on our roadmap ahead of general availability; certification is a commitment, not a current claim
Alador is a financial technology company, not a bank. Alador is not FDIC-insured. Banking services, including any FDIC-insured deposit accounts, will be provided by an FDIC-insured partner bank. Alador is pre-product and currently in private beta; the controls described on this page reflect how the program is being designed and what we are committing to put in place before launch, and are forward-looking and still being implemented until then. Any lending offered in the future would be originated by a partner lender, not by Alador. Alador Technologies, LLC.
Where we are: private beta, coming in 2026.
Everything on this page describes how Alador is being built, not a live, audited, or certified system. We are early, with no public product yet, and we will only mark a control as complete once it actually is. Whether you are evaluating Alador as a customer, a partner, or a sponsor bank, we would rather you judge us on this honest picture than on promises we have not yet earned.