Credolab, ZOLOZ Join Forces to Reinvent Fraud Detection in Finance

Credolab, a global leader in behavioral and device-metadata analytics, and ZOLOZ, a leading technology service provider specializing in AI-powered Risk Control Solutions, today announced a strategic partnership to deliver a more secure and seamless digital onboarding experience for financial institutions and fintech platforms worldwide.

Fraud remains one of the fastest-growing threats to digital finance. According to Alloy’s 2025 State of Fraud Report, 60% of financial institutions reported an increase in fraud over the past year, with credit card fraud, account takeover, and identity theft leading the surge. The same report, citing Federal Trade Commission data, found that consumers lost more than $12.5 billion to fraud in 2024—a 25% annual jump. Beyond direct losses, the LexisNexis True Cost of Fraud Study revealed that U.S. financial institutions now lose $5.75 for every $1 of fraud, once compliance, recovery, and reputational costs are factored in. As fraud sophistication rises, financial institutions are under pressure to prevent attacks earlier in the user journey without adding friction for legitimate customers.

Credolab and ZOLOZ will deepen their collaboration on privacy-preserving and behavioral intelligence technologies. The partnership is intended to speed decision-making, reduce friction, and strengthen overall prevention of abusive or fraudulent activity. Credolab’s privacy-preserving behavioral and device intelligence combined with ZOLOZ’s digital identity platform helps clients detect fraud risk earlier and approve customers faster while keeping user journeys seamless and secure.

“This collaboration bridges two essential layers of digital trust: who the user is and how they behave,” said Michele Tucci, Chief Strategy Officer and co-founder of Credolab. “By combining ZOLOZ’s identity verification with our behavioral intelligence, lenders can identify risk earlier in the user journey, reduce fraud losses, and create a frictionless onboarding experience for legitimate customers.”

“At ZOLOZ, our mission is making trust simple. Through our partnership with Credolab, we aim to help more companies implement reliable digital identity verification—making services more accessible and trustworthy for everyone,” said William Yao, CTO of ZOLOZ.

Both companies share a vision of making digital finance more secure, inclusive, and intelligent. Credolab’s analytics platform has processed more than 650 million datasets globally, helping clients improve credit-approval rates by up to 20% while reducing default losses by 15%. ZOLOZ’s identity-verification technology is trusted by major financial institutions and digital platforms across Asia and beyond. Together, they deliver a unified, privacy-compliant, AI-driven solution that enables organizations to onboard more customers safely, without compromising user experience.