Mastercard, Vesta partner to deliver enhanced digital fraud detection solutions for Asia-Pacific

The partnership will involve the integration of Mastercard’s Cyber and Intelligence (C&I) products and solutions into Vesta’s transaction guarantee platform, allowing merchants to eliminate online fraud, approve more transactions, and grow their business

Mastercard and Vesta, an end-to-end fraud protection platform, have announced a strategic partnership to deliver state-of-the-art fraud management solutions for merchants in the Asia-Pacific region.

The partnership will involve the integration of Mastercard’s Cyber and Intelligence (C&I) products and solutions into Vesta’s transaction guarantee platform, allowing merchants to eliminate online fraud, approve more transactions, and grow their business.

The combination of cyber security solutions, including behavioural biometrics, pre-dispute resolution, and identity verification, and Mastercard’s market expertise, will provide merchants with 100% fraud chargeback protection while incorporating transactional insights such as payment risk scores and pre-emptive chargeback alerts.

The service will be available to merchants in the second quarter of 2023, as per reported by YourStory.

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