Mastercard unveils first-ever threat intelligence solution against payment fraud

It has features that will help protect customers from fraudsters.

Screenshot from Mastercard's website

Fighting cybersecurity threats

Mastercard has launched the Mastercard Threat Intelligence, the first threat intelligence offering applied to payments at scale.

This combines Mastercard's global fraud insights with cyber threat intelligence from Recorded Future, empowering financial institutions across Asia-Pacific (APAC) to detect, prevent, and respond to cyber-enabled fraud with greater speed and accuracy.

Mastercard Threat Intelligence bridges communication gaps, enabling fraud and security teams to work together seamlessly to stop fraud before it happens, Matthew Driver, executive vice president of Services, Asia Pacific at Mastercard, said

Aditi Sawhney, senior vice president of Security Solutions, Asia Pacific at Mastercard, also said that the company is helping its "customers move from fragmented responses to unified, intelligence-led defense strategies that strengthen resilience across the payments ecosystem."

Mastercard Threat Intelligence offers customers the following key features:

• Card testing detection: Real-time alerts and proactive declines of fraudulent test transactions, reducing downstream fraud and protecting cardholders.

• Digital skimming intelligence: Quantitative data to assess skimmer impacts and disrupt card-related malware, leveraging Mastercard’s industry partnerships.
• Merchant threat intelligence: Targeted insights to assess merchant risk and enable faster incident response.
• Payment ecosystem threat intelligence: Weekly reports on emerging threats and vulnerabilities across the global payments landscape.
• Payment intelligence reports: Actionable case studies and fraud trend analysis to inform strategy and strengthen defenses.

The launch of Mastercard Threat Intelligence comes less than a year after Mastercard finalized its acquisition of Recorded Future, and demonstrates the company's commitment to delivering a unified, intelligence-led approach to securing the digital economy.

During market testing over the course of six months, Mastercard's intelligence data helped ecosystem partners identify and take down malicious domains tied to the theft of payment card data, which had impacted nearly 9,500 e-commerce sites and were linked to an estimated USD120 million or around PHP 7.07 billion in fraud losses.

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