Home Fraud Prevention MasterCard works to improve credit card security through mobile geolocation
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MasterCard works to improve credit card security through mobile geolocation

MasterCard partners with Syniverse for an opt-in service that can help reduce credit card fraud while decreasing the risk of cards being declined while travelling.

Today, it is fairly easy for cybercriminals abroad to use stolen credit card information to make purchases. At the same time, legitimate transactions from people traveling are declined, because fraud detection systems report that the card isn’t generally used in the new location. According to MasterCard, up to 80 percent of transactions declined abroad are legitimate.

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