Subject: CyberloQ Partners with an International Powerhouse to Stop Fraud

CyberloQ Technologies Inc. Partners with Transact Payments Malta Ltd. to Prevent Online Payment Fraud                                    
VENICE, Fla., May 12, 2020 (GLOBE NEWSWIRE) -- CyberloQ Technologies Inc. ("CyberloQ" or the "Company") (OTC: CLOQ), a provider of advanced authentication algorithms and geofencing capabilities for data control, is pleased to announce a new collaboration with Transact Payments Malta Ltd. (“TPML”), a division of Transact Payments Ltd. (“TPL”) located in Europe.

E-commerce merchants are expected to lose $25 billion to online payment fraud by 2024, according to Juniper Research. The COVID-19 global pandemic continues to fuel the popularity of e-commerce, in turn driving heightened demand for technologies to eliminate fraud and enable secure transactions. For consumers and merchants, secure online payments are vital for the success of e-commerce. READ MORE 

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