Mastercard introduced Threat Intelligence at Money20/20, a unique solution to combat payment fraud by integrating fraud insights and cyber threat intelligence. This tool enables real-time detection and prevention of fraudulent activities, protecting banks from evolving cyber threats. Mastercard's approach addresses the increasing sophistication of cybercrime, utilizing AI to intercept fraud before it occurs. The initiative has already demonstrated success by disrupting significant fraud activities.
https://www.axios.com/sponsored/fighting-fraud-at-scale-with-mastercard-threat-intelligence