Zoompass Holdings Inc. announce the confirmation of a strategic alliance with Advanced Credit Technologies Inc. and its CyberloQ FRAUD prevention technology. Cyberloq provides one of the most integrated fraud mitigation systems available to the prepaid and credit card sector. With a multi-layer authentication approach to security, Cyberloq is able to eliminate most fraud through a unique check-in process utilizing three levels of authentication. The combination of a card spending algorithm, geo-fencing and smartphone authentication on a per transaction basis, allows Cyberloq customers to virtually eliminate card fraud. Most FRAUD occurs in a CNP (Card Not Present) environment. By using CyberloQ, in order to process a transaction, cyber criminals are forced to collect not only members' card information, but also their smartphone (which contains a unique identifying number) and the PIN number associated with that smartphone. This renders card fraud virtually impossible. Zoompass will be one of the first prepaid card companies to install this next generation fraud mitigation on their platform and to further secure transactions and provide business customers the confidence they need to implement card programs within their ecosystems.