Discover all the ways Loop ensures the safety of your money and our platform.
Loop operates within the requirements of the Canadian regulatory environment. Our business entities maintain the appropriate regulatory registration for the services we provide, including with OBSI, FINTRAC, and all Canadian securities regulators.
As part of keeping it safe, we follow strict rules set out by the regulators in the countries where we operate. The banks that we partner with insure their customer deposits by participating in country-specific deposit insurance schemes.
Spend with confidence knowing that Loop employs advanced fraud monitoring and industry leading AI detection models to identify suspicious activity at the source on all of your transactions.
Loop uses industry-standard encryption to ensure protected transmission of data (HTTPS): AES-256 bit or better for RDS and S3 data encryption for data at rest and TLS 1.2 or better for transit.
Prevent fraud before it happens by ensuring that only authorized users can access accounts and make changes. We ensure secure browsing and authentication with encryption, idle lockouts, 2FA, and more.
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