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IndustryUpdate

Consumers eager for cybersecurity education CredoLab, iovation to
fight credit fraud
According to a recent survey conducted by The Harris Poll on behalf
of Computer Services Inc., 74 percent of consumers would be likely to CredoLab, a developer of bank-
participate in a cybersecurity awareness or education program from their grade digital credit scorecards
financial institution if it were offered to them. The survey also found based on anonymous smartphone
that 92 percent of respondents have concerns about the security of their metadata, partnered with iovation,
confidential data online. The results represent feedback from more than a TransUnion company special-
2,000 U.S. adults ages 18 and older. izing in device-based fraud detec-
tion and authentication solutions.
PARTNERSHIPS CredoLab is integrating iovation's
technology into its own to reduce
BRD, Xpring's Ripple join forces fraudulent loan and credit card ap-
plications while optimizing digital
Cryptocurrency mobile wallet provider BRD entered into a strategic customer onboarding for banks
partnership with Xpring, Ripple's developer initiative to build the inter- and nonbank lenders worldwide.
net of value. BRD also received an investment of $750,000 from Xpring
to help drive further adoption of XRP Ledger offerings worldwide. BRD CredoLab is leveraging iovation's
FraudForce with CredoLab's Cre-
said it will also build on Xpring's open platform for developers to sup-
port and integrate XRP into the BRD wallet. doApp, CredoApply and Cre-
doSDK. FraudForce helps banks
and lenders distinguish fraudulent
from legitimate transactions by
evaluating associated accounts and
devices, past device history, and
suspicious device behaviors.
Samsung, Finablr team up on
cross-border payments

Finablr PLC, a global platform for
payments, and Samsung Electron-
ics America added a money trans-
fer feature to Samsung Pay. This
new in-app, international money
transfer service, a first of its kind
in the United States, offers us-
ers seamless, secure cross-border
payments to 47 countries through
a variety of payout methods, all
within Samsung's native mobile
wallet, the partners stated.
SurchX, Konnektive tackle credit
card processing fees

SurchX, a surcharging solution for
ecommerce merchants, and Kon-
nektive CRM partnered to help
Konnektive's customers recover

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