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Mastercard’s Early Detection System provides issuers with advanced alerts for cards and accounts at a heightened risk of fraudulent use based on exposure in security incidents, such as the Equifax breach. 

It can take as little as nine minutes for hackers to use stolen data posted to the dark web, according to Mastercard. Knowing that not all compromised accounts become fraud casualties and every second counts, Mastercard developed Early Detection System to help financial institutions act faster, thus preempting more serious attacks.

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Roy Urrico

Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).

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