News

Spring Labs Launches $10M Breach Safe Program for Unrivaled Data Security Protection Spring Labs, a leading enterprise technology company specializing in enterprise data security, today announced it is offering up to $10 million in breach remediation services to users of its innovative True Zero data tokenization product. Spring Labs is...

Sensitive Data Protection: Encryption vs TokenizationApril 24, 2023 In today's data-driven world, protecting sensitive information is paramount. Organizations must ensure that their data is secure from both external and internal threats. Encryption is one of the most common methods of protecting and sharing sensitive data. A newer, more secure...

American Banker: TransUnion, Spring Labs to provide credit scores to blockchain apps TransUnion and Spring Labs are collaborating to let consumers share their credit score information with decentralized finance lenders. The intent is to let consumers leverage their credit reputations to get better terms from decentralized finance (DeFi) lenders...

Vetted by TransUnion, Spring Labs Launches TrueZero to Transform the Exchange of Sensitive Data November 21, 2022 Spring Labs today launched TrueZero, a tokenization service that enables companies to exchange information with other financial institutions without ever revealing the underlying sensitive data. TrueZero authenticates account...

Spring Labs Addresses Major Blockchain Regulatory Hurdle by Bringing Know Your Customer Tools and Credit Information to the DeFi/Blockchain Ecosystem Spring Labs, a financial technology company transforming the exchange of sensitive data, today introduced a major innovation aimed at bridging the gap between the DeFi (decentralized...

Why TransUnion led blockchain fintech Spring Labs’ $30M Series B Consumer credit reporting agency TransUnion recently announced it had invested an undisclosed sum in Spring Labs, which is building out a blockchain-based data-sharing platform. Now, TechCrunch has exclusive details on the size of that round and the nature of the relationship. First...

Former OCC Chief Brian Brooks Joins Board of Data-Sharing Startup Spring Labs Brian Brooks, who left his post as acting head of the Office of the Comptroller of the Currency (OCC) earlier this year, is starting to cobble together what's next. On Monday, California-based data-sharing startup Spring Labs announced Brooks as the newest member of its...

GM Financial Partners With Blockchain Startup to Fight Identity Fraud General Motors Financial, the financing arm of the automaking giant, said Monday that it is partnering with blockchain startup Spring Labs on solutions for identity verification. The startup – which counts former Trump economic advisor Gary Cohn on its board of advisors – said...

Spring Labs exits stealth mode with $14.8M in funding — and big hiring plans As the first quarter of 2018 comes to a close, one local blockchain startup is gearing up for a strong second quarter — and third and fourth quarter for that matter — after closing a sizable seed round of its own. This morning, fintech company Spring Labs — which was...