New Mastercard Tool will help retailers pre-empt fraud

Mastercard will identify cryptocurrencies leveraging fraudulent methods by using AI.

In addition, the technology used is from CipherTrace, a startup developing innovative blockchain security measures.

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The U.S has released a framework for the crypto industry, and international governments are enacting new laws too.

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To make the crypto market more stable and responsible, apps like Crypto Secure are available to help decide which merchants to approve or reject less fraught.

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It leaves this decision up to card issuers, who want to determine which merchants are approved or rejected according to risk level.

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MasterCard is developing new blockchain systems that would deliver safer transactions with their customers.

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International crimes, such as theft, manipulation of financial figures, and other illegal activities, are skyrocketing.

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However, MasterCard's new blockchain system will help increase security and minimize these harmful activities.

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