Global card issuer and online payments processor Mastercard has announced the launch of an improved identity solution, in collaboration with tech giant Microsoft.
The new technology is designed to improve the overall online shopping experience and tackle digital fraud, by delivering frictionless payments.
Mastercard has directly addressed the needs for additional anti-fraud technologies to fight against various types of digital fraud, including first-party fraud, where a client makes a legitimate online purchase which is later disputed. By deploying its Digital Transaction Insights technology, Mastercard provides next-generation authentication and real-time decisioning intelligence capabilities.
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