Tuesday, March 21, 2023

Mastercard pushes deeper into crypto with new tool for combating fraud

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  • Mastercard will on Tuesday launch a new product called Crypto Secure that helps banks assess the risk of crime associated with crypto merchants on its network.
  • The service is powered by CipherTrace, a blockchain security startup Mastercard acquired last year.
  • Mastercard is launching the service against a backdrop of growing crime in the nascent digital asset market.

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Disclaimer: This story is generated from RSS Feed and has not been created or edited by Waba News. Publisher: CNBC

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