Mastercard Strengthens Digital Asset Security with Close of CipherTrace Acquisition
19 Ottobre 2021 - 10:10PM
Business Wire
Mastercard (NYSE: MA) today announced it has completed its
acquisition of CipherTrace, a leading cryptocurrency intelligence
company that offers digital asset security and fraud solutions for
some of the world’s largest banks, exchanges and other financial
institutions.
“Today marks a significant milestone for Mastercard as we
further enhance our strategic capabilities, technologies and teams
to support the evolution of digital assets,” say Ajay Bhalla,
president of Cyber and Intelligence at Mastercard. “We believe that
working together across the industry, we can deliver more security,
transparency and trust to the payments ecosystem.”
The deal creates an integrated offering that combines AI, cyber
and blockchain capabilities to provide businesses with greater
transparency to help identify and understand their risks and manage
regulatory and compliance obligations. The acquisition advances
Mastercard’s digital assets strategy and differentiates its
real-time payments infrastructure.
About Mastercard
Mastercard is a global technology company in the payments
industry. Our mission is to connect and power an inclusive, digital
economy that benefits everyone, everywhere by making transactions
safe, simple, smart and accessible. Using secure data and networks,
partnerships and passion, our innovations and solutions help
individuals, financial institutions, governments and businesses
realize their greatest potential. Our decency quotient, or DQ,
drives our culture and everything we do inside and outside of our
company. With connections across more than 210 countries and
territories, we are building a sustainable world that unlocks
priceless possibilities for all. www.mastercard.com
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version on businesswire.com: https://www.businesswire.com/news/home/20211019006164/en/
Investor Relations: Jud Staniar,
investor.relations@mastercard.com, 914-249-4565 Communications:
Seth Eisen, seth.eisen@mastercard.com, 914-249-3153
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