Advanced Credit Technologies, Inc. Integrates its CyberloQ Technology into QRails Global Payment Processing Platform
January 08, 2019 at 01:30 pm
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Advanced Credit Technologies Inc. announced it has fully integrated its CyberloQ technology into QRails Global cutting-edge payment processing platform(s) to enable innovative new user experiences. The multi-factor authentication of CyberloQ uses multiple scenarios to protect cardholder accounts. CyberloQ uses SIC codes for companies or parents wishing to prevent access to certain “purchases or services. Leveraging Google’s geolocation service, CyberloQ creates a virtual boundary – otherwise known as a Geofence – around each user and their confidential information. Designated perimeters can be a city, a building, or even more specific parameters for a business client. The goal of both Companies is to prevent FRAUD before it happens, thus providing the card network and the cardholder with the best possible user experience.
Cyberloq Technologies, Inc. is a development-stage technology company focused on fraud prevention and credit management. The Company offers a proprietary software platform branded as CyberloQ. CyberloQ is a Multi-Factor authentication (MFA) protocol technology that is offered to institutional clients in order to combat fraudulent transactions and unauthorized access to customer accounts and or any digital asset. Through the use of a customerâs smart-phone, CyberloQ uses a multi-factor authentication system to control access to a bank card, transaction type or amount, Website, database or digital service. In addition to CyberloQ, it offers a web-based proprietary software platform under the brand name TurnScor, which allows customers to monitor and manage their credit from the privacy of their own homes. The CyberloQ Vault is a cloud-based security protocol that allows clients the ability to send/receive secure data without having to use traditional e-mail which is prone to a breach.