Curated News
By: NewsRamp Editorial Staff
November 25, 2025
Orenda Integrates CyberloQ to Combat $36B Card-Not-Present Fraud
TLDR
- Orenda's integration with CyberloQ Secure provides businesses a competitive edge by dramatically reducing card-not-present fraud exposure while maintaining seamless customer checkout experiences.
- CyberloQ's technology works by binding transactions to authorized user devices with continuous session authentication, eliminating reliance on static credentials and one-time passwords.
- This partnership makes digital payments safer for everyone by protecting against the $36 billion global CNP fraud problem, creating more secure financial experiences worldwide.
- Orenda now embeds CyberloQ's device-binding technology that continuously verifies user identity throughout payment sessions, eliminating 70% of credit card fraud with zero friction checkout.
Impact - Why it Matters
This partnership directly addresses the massive $36 billion card-not-present fraud problem that affects consumers and businesses worldwide. For everyday users, this means enhanced protection against unauthorized transactions without the typical security friction that often complicates online purchases. As digital payments continue to dominate commerce, this integration represents a critical advancement in making financial transactions both secure and convenient. The elimination of vulnerable authentication methods like one-time passwords and knowledge-based questions means consumers won't have to remember complex security information while still enjoying robust protection against fraud. For businesses, this technology reduces financial losses from fraudulent transactions and helps maintain customer trust in digital payment systems. Given that CNP fraud accounts for over 70% of all credit card fraud, this development has significant implications for the entire e-commerce ecosystem and could help shape future security standards across the financial industry.
Summary
Orenda, a next-generation digital embedded-finance and payments platform, has announced a strategic integration agreement with CyberloQ Technologies, Inc. to embed CyberloQ Secure authentication technology directly into its payment ecosystem. This partnership represents Orenda's first reseller collaboration and significantly strengthens their commitment to secure, frictionless digital payments. The integration specifically targets card-not-present (CNP) fraud, which has become the fastest-growing threat in financial services globally, accounting for more than 70% of all credit card fraud losses worldwide and exceeding $36 billion in losses during 2024 alone.
The core technology involves CyberloQ's patented multi-factor, device-binding solution that provides bank-grade protection by binding every transaction to an authorized user's specific device and location while continuously verifying identity throughout the session. According to Orenda CEO Joshua Vittori, this integration "marks a pivotal moment" for the company and its customers, raising the security bar for the entire digital finance sector while preserving the seamless user experience clients expect. Chris Jackson, President of CyberloQ Technologies, emphasized that Orenda's "forward-thinking approach to embedded finance aligns perfectly with our mission to make enterprise-grade fraud prevention accessible to every organization." The solution eliminates reliance on static credentials that criminals routinely steal and reuse, while also removing one-time passwords and knowledge-based authentication methods that often create friction for legitimate users.
Key benefits highlighted in the announcement include real-time device binding, continuous session authentication, dramatic reduction in CNP fraud exposure, 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 integration is scheduled to begin rolling out in early December across Orenda's merchant and consumer payment offerings, with both companies positioning this as a flagship implementation that demonstrates how powerful security and elegant user experience can coexist effectively. Readers can find more information about this partnership on www.newmediawire.com where the original release was published.
Source Statement
This curated news summary relied on content disributed by NewMediaWire. Read the original source here, Orenda Integrates CyberloQ to Combat $36B Card-Not-Present Fraud
