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Mastercard Launches Cryptocurrency Anti-Fraud Tool for Card Issuers
source link: https://fintechranking.com/2022/10/04/mastercard-launches-cryptocurrency-anti-fraud-tool-for-card-issuers/
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Mastercard Launches Cryptocurrency Anti-Fraud Tool for Card Issuers
Payments giant Mastercard today is launching Crypto Secure, a new software product designed to help banks and other card issuers identify and block suspicious transactions from crypto exchanges, according to a CNBC report.
A similar system is already in place for Mastercard’s fiat transactions, with the technology now expanding to Bitcoin and other major cryptocurrencies.
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