HOW CRYPTO SECURE WORKS
A simple intuitive dashboard provides greater visibility of crypto spend, transaction volumes and risk rating exposure
Compliance risk
Combat risk of money laundering and cyber attacks from criminal entities making crypto fund transfers
Regulatory risk
Reduce exposure to potential seizures and fines by global and local governing bodies (per updated FAFT guidance)
Reputational risk
Improve visibility into cardholders’ crypto activity and the service provider risk profiles where they transact
Fraud risk
Detect and prevent fraud for crypto asset-related transactions
4x
higher fraud rates for crypto vs. non-crypto transactions1
Source: Mastercard internal data. Calculated at December 31, 2022.
347m
projected global number of cryptocurrency users by 2027
Source: statista.com, 2022
$2.8t
estimated crypto wallet market value by 2028
Source: globalmarketestimates.com, 2023
CASE STUDY
Identifying approval optimization opportunities worth $24 million
With accurate insights into the VASP risk associated with the crypto transactions in its portfolio, an issuer identified potential opportunities to optimize approvals from VASPs with low-risk profiles, resulting in more than $24 million total potential GDV opportunity.
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