New Mastercard Fraud Solution Designed To Help Merchants Validate IDs
Mastercard announced Wednesday a fraud solution developed with fraud platform Ravelin using digital identity verification capabilities from Ekata and real-time fraud insights from Ethoca. Online grocery orders rose by over 50% during the pandemic and are expected to rise more…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
this year, Mastercard said, and as people open new accounts and make faster purchases, "merchants are challenged to verify identities and manage evolving fraud threats in real time,” it said. The solution is designed to help merchants validate a consumer’s identity without adding friction to the process, it said.