Solutions to detect large-scale payment fraud

DNVN - The solution combines Mastercard payment fraud data with intelligence from Recorded Future, helping cybersecurity and fraud prevention teams reduce risk and enhance operational capabilities.

Mastercard launches Mastercard Threat Intelligence, the first solution to deliver payments threat intelligence at scale. The solution combines Mastercard’s global fraud data with cybersecurity intelligence from Recorded Future, helping financial institutions across the Asia Pacific region detect, prevent and respond to cyber fraud more quickly and accurately.

Mastercard Threat Intelligence solutions provide early warning of suspicious card transactions.

The information gap between cybersecurity and fraud teams remains a serious challenge. 60% of global risk and fraud leaders are only notified of cyber breaches after a fraud loss has occurred, and this rate is even higher in Asia Pacific at 67%. Similarly, 83% of financial institution leaders in Asia Pacific said they are hampered by a lack of real-time integration of cyber threat intelligence (CTI).

“Payment fraud is no longer just a financial issue, but a cybersecurity challenge that directly impacts businesses’ bottom lines,” said Matthew Driver, Executive Vice President, Services, Asia Pacific, Mastercard. “Mastercard Threat Intelligence helps bridge the information gap, allowing security and fraud teams to work together to stop fraud before it happens.”

Mastercard Threat Intelligence solutions provide early warning of suspicious card transactions: Real-time alerts and proactive rejection of fraudulent test transactions, helping to mitigate risks and protect cardholders.

Provides quantitative data to assess the impact of skimmers and prevent card-related malware, leveraging Mastercard’s network of industry partners. Provides targeted, in-depth insights to help assess the risk profile of individual merchants and shorten incident response times.

The solution also reports weekly on emerging threats and vulnerabilities in the global payments ecosystem. Payments data analytics reports: Actionable case studies and fraud trend analysis help guide strategy and strengthen an organization's defenses.

Phoenix

Source: https://doanhnghiepvn.vn/chuyen-doi-so/giai-phap-giup-phat-hien-gian-lan-thanh-toan-quy-mo-lon/20251101100524436