Considering the current demand for banks to maintain consumer trust in the evolving payments landscape, Mastercard aims to help financial institutions maintain the efficiency of card payments. According to the official press release, the rise in cybersecurity threats, which is expected to increase even more in the upcoming years, as well as the expanding payments ecosystem and regulatory requirements, are collectively contributing to a need for enhanced resiliency.
Dynamic Decisioning, which improves the accuracy of authorisation by using AI to make intelligent decisions on the issuer’s behalf;
Account Balance Listing, which provides issuers with the ability to share cardholder spend limits with Mastercard to allow for more precise decisioning in addition to mitigating overdraft and over-credit-limit concerns;
Contingency Manager, which supports issuers in developing more flexible sets of customised Stand-In parameters enabled automatically based on predefined conditions.
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