Previous close | 84.88 |
Open | 84.88 |
Bid | 100.50 |
Ask | 103.65 |
Strike | 375.00 |
Expiry date | 2024-09-20 |
Day's range | 84.88 - 84.88 |
Contract range | N/A |
Volume | |
Open interest | 6 |
Mastercard is buying global threat intelligence company Recorded Future for $2.65 billion to strengthen its cybersecurity services. The card issuer has been attempting to enhance fraud protections for customers and in May it rolled out a software update that integrated artificial intelligence into its fraud-prediction technology. The company believes it will help it to see patterns in stolen cards faster and allow banks to react more quickly.
(Bloomberg) -- Mastercard Inc. agreed to buy cyber-defense firm Recorded Future for $2.65 billion to boost its ability to protect the card company’s massive global-payments system.Most Read from BloombergHousing’s Worst Crisis in Decades Reverberates Through 2024 RaceHow Americans Voted Their Way Into a Housing CrisisFor Tenants, AI-Powered Screening Can Be a New Barrier to HousingFrom Louisville, a Push to Plant Trees for Public HealthAfter a Record Hot Summer, Pressure Grows for A/C MandatesTh
Mastercard has agreed to buy threat intelligence company Recorded Future from private equity firm Insight Partners for $2.65 billion, the payments company said on Thursday. The acquisition will bring expanded threat intelligence capabilities to Mastercard, which recorded $9 trillion in gross dollar volumes last year, a metric that represents the total dollar value of all transactions processed. Mastercard has been ramping up card fraud detection with generative AI technology.