Mastercard to combat crypto fraud with new tool: CNBC

Quick Take

  • Mastercard is set to debut a crypto-related fraud-prevention solution for banks and card issuers.
  • Crypto Secure visually assesses risk via artificial intelligence and on-chain data, allowing card issuers to decide on necessary actions.
  • Fraud in the blockchain and digital assets industry remains a priority for regulators in the U.S. and Europe.

Mastercard plans to unveil a fresh software solution to assist banks and card issuers in combating crypto-related fraud, CNBC