Mastercard has joined forces with regulatory technology platform Feedzai to enhance the monitoring and prevention of fraud in the cryptocurrency space. Through this partnership, Feedzai will integrate directly with Mastercard’s CipherTrace Armada platform, enabling banks to monitor transactions from over 6,000 crypto exchanges for fraud, money laundering, and suspicious activities. The collaboration aims to increase fraud detection, protect consumers, and identify potential money laundering activities, including the exploitation of mule accounts. The integration will provide real-time alerts about suspicious crypto transactions and leverage Feedzai’s artificial intelligence capabilities to recognize both legitimate and suspicious transactions. This move signifies Mastercard’s commitment to legitimizing crypto as a mainstream financial asset subject to established rules and compliance frameworks. The partnership builds on Mastercard’s acquisition of CipherTrace in 2021, emphasizing the company’s dedication to preventing fraud in the cryptocurrency space.
By FCCT Editorial Team
, an independent military force, and allied militias in Sudan raped several dozen women and girls in West Darfur’s capital, El Geneina, and those fleeing to Chad between late April and late June 2023, Human Rights Watch said today. The assailants appear to have targeted people because of their Massalit ethnicity and, in some cases, because they were known activists.){kind=link}