Credolab and ZOLOZ have announced a new partnership aimed at strengthening digital identity verification and fraud prevention for financial institutions and fintech platforms with the help of AI and behavioral analytics.
The collaboration brings together ZOLOZ’s AI-based identity verification technology with Credolab’s behavioral and device-metadata analytics to support faster customer onboarding, earlier fraud detection, and more informed credit decision-making.
Under the agreement, the two companies will work closely to enhance privacy-preserving intelligence tools designed to help financial institutions manage rising fraud risks without creating unnecessary friction for legitimate users.
Fraud continues to grow rapidly across digital finance. Alloy’s 2025 State of Fraud Report found that 60% of financial institutions experienced higher levels of fraud in the past year, with credit card fraud, account takeovers, and identity theft among the most prevalent threats.
Citing Federal Trade Commission figures, the report also noted that consumer fraud losses exceeded $12.5 billion in 2024, a 25% year-on-year increase. Meanwhile, the LexisNexis True Cost of Fraud Study highlighted that U.S. institutions now incur $5.75 in total losses for every $1 of fraud once operational and reputational impacts are included.
Through the partnership, Credolab and ZOLOZ intend to deliver a more streamlined and secure onboarding process, combining identity verification with behavioral analytics to help clients detect risk earlier, accelerate decision-making, and approve more customers safely. Company leaders emphasized that the integration of identity and behavioral intelligence provides a more complete view of user risk while maintaining a smooth digital experience.
Both organizations share the goal of improving the security and inclusiveness of digital finance. Credolab’s analytics have processed more than 650 million datasets globally, helping institutions increase approval rates while reducing defaults, and ZOLOZ’s verification technologies are widely used across major financial services providers in Asia.
The relevance of such solutions is underscored by recent industry findings revealing that e-commerce fraud is evolving faster than many retailers can keep up with, reinforcing the need for advanced, adaptive fraud-prevention tools.
