Mastercard plans to use Feedzai’s AI technology to enhance detection and resolution of crypto fraud

Mastercard has revealed its partnership with regulatory technology platform Feedzai to strengthen the detection and resolution of fraudulent activities spread through encrypted transactions. Through this partnership, Feedzai will directly integrate with Mastercard's CipherTrace Armada platform, which is used to help banks monitor transactions from over 6,000 cryptocurrency exchanges to prevent fraud, money laundering, and other suspicious activities. (CNBC)