Mastercard acquires major crypto forensics outfit CipherTrace
The global payments giant plans to incorporate the crypto intelligence project into its digital currency expansion plans. Mastercard’s focus on crypto and digital currencies appears to have taken a greater dimension given the company’s recent move.According to a release on Thursday, the global payments giant has reached an agreement to acquire CipherTrace, a blockchain intelligence firm with crypto forensics capabilities for over 900 cryptocurrencies.As part of the acquisition, Mastercard says it plans to integrate CipherTrace’s operations into its own cyber security solutions for digital....
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Mastercard, the American multinational financial services corporation, announced the company is dipping further into the digital asset ecosystem by acquiring the blockchain intelligence firm Ciphertrace. The partnership announcement says the firm will help bolster Ciphertrace’s and Mastercard’s cyber security solutions.
Mastercard Purchased Ciphertrace for Undisclosed Sum
On Thursday, the financial payments giant Mastercard (NYSE: MA) has revealed the company has acquired the blockchain surveillance firm Ciphertrace. The blockchain company is a Menlo Park,....
Mastercard continues to increase its presence in the crypto space. Via a press release, the payment company announced the acquisition of crypto intelligence company CipherTrace. The objective is to improve Mastercard’s crypto capabilities, according to the release. CipherTrace allegedly has “insight into more than 900 cryptocurrencies”. The crypto company provides its clients with a service […]
Per a report by CNBC, payment giant Mastercard will double down on its crypto future. The company announced a partnership with Bakkt, a financial services company, in an attempt to increase its crypto capacities. Related Reading | Payments Giant Mastercard Buys CipherTrace To “Enhance Crypto Capabilities” The integration will allow Mastercard’s users, banks, or merchants, to […]
Mercadolibre, one of the biggest “e-tailers” in Latam, has partnered with credit giant Mastercard to make use of its tech to secure the cryptocurrency ecosystem of the company. Through this partnership, Mercadolibre will be able to use Mastercard’s Ciphertrace technology, to allow the company to enhance the control and security of the crypto transactions in its trading ecosystem.
Mercadolibre to Strengthen Crypto Vigilance
Mercadolibre, a leading e-tailer of Latam, has partnered with Mastercard, the credit tech company, to improve its due diligence when....
On Tuesday, the multinational financial services corporation Mastercard revealed that it is launching a new crypto monitoring product called Crypto Secure. The Crypto Secure software aims to leverage artificial intelligence (AI) algorithms in order to help banks and crypto-centric debit card issuers identify fraudulent crypto transactions. Mastercard, Ciphertrace Introduce New Crypto Monitoring Product Called Crypto Secure Mastercard (NYSE: MA) has introduced a new piece of software that leverages blockchain surveillance tactics and AI to identify fraudulent crypto transactions. The....