Mastercard invests in Trust Stamp

Monday 3 February 2020 12:16 CET | News

Electronic payments company Mastercard has made a strategic investment in AI-based authentication services company Trust Stamp.

According to Finance Magnates, the amount invested was not disclosed in the public domain. Trust Stamp is a graduate of the 2018 Mastercard Start Path accelerator program.

Mastercard and Trust Stamp initially collaborated to develop a secure non-PII authentication network for both online and offline environments. Trust Stamp affirms that for their initial work with Mastercard, the aim was to facilitate privacy and data security in environments with low connectivity.

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Keywords: MasterCard, investment, AI, startup, Trust Stamp, payments , authentication, PII, privacy, security
Categories: Fraud & Financial Crime
Countries: World
This article is part of category

Fraud & Financial Crime