Combating Fraud through Digital Identity and Open Finance Solutions

For all the promise that the emerging world of consumer-permissioned data holds, none of it will work without trust. Consumers must know that their money and data are safe. Consumers, banks and fintechs must trust that the system is secure and reliable enough to warrant continued investment and innovation.

Mastercard’s Open Finance provides a solution that specifically creates and protects the ecosystem and minimizes identity fraud. By doing so, we’re setting the trusted foundation needed to help our partners create financial services that deliver speed, convenience and security for today’s digital commerce.