Announced
Completed
Synopsis
Mastercard, which provides financial transaction processing services, completed the acquisition of RiskRecon, a provider of artificial intelligence and data analytics solutions. Financial terms were not disclosed. “The innovations from the talented team at RiskRecon will further accelerate our suite of cyber solutions designed to help financial institutions, merchants, and governments secure their digital assets. Through a powerful combination of AI and data-driven advanced technology, RiskRecon offers an exciting opportunity to complement our existing strategy and technology to secure cyberspace,” Ajay Bhalla, Mastercard president of cyber and intelligence.
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