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Mastercard paying $2.65 billion for cybersecurity company that uses AI

  • Mastercard is acquiring Recorded Future for $2.65 billion from Insight Partners, focusing on enhancing cybersecurity in the payment ecosystem.
  • Craig Vosburg stated that this acquisition will improve security measures and innovation for payment transactions.
  • Recorded Future's AI technology will strengthen Mastercard’s fraud prevention and cybersecurity services for merchants and financial institutions.
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