Mastercard Brings Its Fraud-Fighting Tools to Stablecoin Payments
Summary
Mastercard has introduced a new application programming interface designed to screen stablecoin transactions for financial crime. The technology merges traditional payment data with blockchain insights to detect scams and sanctions risks prior to the completion of on-chain transfers.
Unveiled at Money20/20, the API-based tool combines payment and blockchain intelligence to flag fraud, scams and sanctions exposure before funds move on-chain.
Source: Read the full story at Decrypt
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