Mastercard Introduces Fraud Screening Before Stablecoin Payments Go On-Chain
TL;DR: Mastercard has launched Stablecoin Security, a risk-scoring tool designed to help financial institutions examine payments before and during their movement across blockchains. Stablecoin transfers can settle quickly. Investigating a suspicious payment before it happens is a much harder task, particularly when the transaction crosses providers, blockchains and traditional banking systems. Mastercard wants to…
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TL;DR: Mastercard has launched Stablecoin Security, a risk-scoring tool designed to help financial institutions examine payments before and during their movement across blockchains. Stablecoin transfers can settle quickly. Investigating a suspicious payment before it happens is a much harder task, particularly when the transaction crosses providers, blockchains and traditional banking systems. Mastercard wants to…
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