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Mastercard combats crypto fraud with latest AI integration

Financial services provider Mastercard revealed a new partnership with artificial intelligence (AI) firm Feedzai, according to reports from CNBC on Nov. 20. Mastercard says this integration aims to boost its ability to detect and prevent fraud routed through cryptocurrency exchanges. According to the report, Feedzai will be integrated directly with Mastercard’s

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Mastercard sees no justification for consumers to use CBDCs

Payments giant Mastercard says adoption is the most challenging part for state-issued digital currencies. The second-largest payment-processing provider, Mastercard, sees no prospects for central bank digital currencies (CBDCs) shortly, as consumers nowadays are “comfortable using today’s type of money.” In an interview with CNBC, Ashok Venkateswaran, APAC head for digital assets and

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Mastercard collaborates with MoonPay to advance its web3 presence

Mastercard has joined forces with cryptocurrency and NFTs payment application MoonPay, aiming to explore potential integrations and consumer loyalty opportunities within the emerging Web3 ecosystem. In the atmosphere of the Money20/20 event in Las Vegas, Mastercard and MoonPay have made headlines by announcing their collaboration aimed at bridging the gap between

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Mastercard Explores Payments Card Issuance With MetaMask, Ledger

“Mastercard is bringing its trusted and transparent approach to the digital assets space through a range of innovative products and solutions – including the Mastercard Multi-Token Network, Crypto Credential, CBDC Partner Program, and new card programs that connect Web2 and Web3," a Mastercard spokesperson said via email. Source

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Mastercard announces successful wrapped CBDC trial results

Mastercard has completed a trial involving wrapping central bank digital currencies (CBDCs) on different blockchains, similar to wrapped Bitcoin (wBTC) and wrapped Ether (wETH).According to the Oct. 12 announcement, the trial was conducted with the Reserve Bank of Australia (RBA) and the country’s Digital Finance Cooperative Research Centre CBDC, along

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