Orenda Integrates CyberloQ Secure Technology to Combat Card-Not-Present Fraud

Orenda, a next-generation digital embedded-finance and payments platform, has announced a strategic integration agreement with CyberloQ Secure, the proprietary authentication and fraud-prevention solution developed by CyberloQ Technologies, Inc. This partnership represents Orenda's first reseller agreement and strengthens the company's commitment to delivering secure, frictionless digital payments through advanced fraud prevention technology.

The integration embeds CyberloQ's patented multi-factor, device-binding technology directly into Orenda's payment ecosystem, providing bank-grade protection against card-not-present fraud, which has become the fastest-growing threat in financial services globally. Industry estimates indicate card-not-present fraud now accounts for more than 70% of all credit card fraud losses worldwide and exceeded $36 billion globally in 2024, making this integration particularly timely and relevant for the financial services sector.

CyberloQ Secure addresses this vulnerability by binding every transaction to an authorized user's specific device and location while continuously verifying identity throughout the session. This approach eliminates reliance on static credentials that criminals routinely steal and reuse, providing a more dynamic and secure authentication framework. The technology also removes the need for one-time passwords and knowledge-based authentication, which have proven vulnerable to sophisticated fraud attacks.

Joshua Vittori, CEO of Orenda, emphasized the significance of this integration, stating that deploying CyberloQ Secure across their platform raises the security bar for the entire digital finance sector while preserving the seamless user experience clients expect. He noted that fraud prevention is no longer optional but has become table stakes in the industry, with Orenda positioning itself to lead with best-in-class technology.

Chris Jackson, President of CyberloQ Technologies, expressed enthusiasm about the partnership, highlighting how Orenda's forward-thinking approach to embedded finance aligns with CyberloQ's mission to make enterprise-grade fraud prevention accessible to organizations of all sizes. The collaboration demonstrates that powerful security measures and elegant user experience can coexist effectively in modern payment systems.

Key benefits of the integration include real-time device binding and continuous session authentication, dramatic reduction in card-not-present fraud exposure, elimination of traditional authentication methods that have proven vulnerable, seamless customer experience with optional zero friction at checkout, and full compliance with PSD2 Strong Customer Authentication requirements as well as emerging U.S. and EU regulatory standards. The CyberloQ Secure solution is scheduled to go live with integration beginning in early December across Orenda's merchant and consumer payment offerings, marking a significant advancement in payment security infrastructure. For more information about Orenda's platform, visit https://www.Orenda.finance, while details about CyberloQ's technology can be found at https://www.cyberloq.com.