Mastercard signs agreement to acquire RiskReckon

Mastercard has announced an agreement to acquire RiskRecon. RiskRecon is one of the leading providers of data analytics solutions and artificial intelligence focused on cyber-risk and security and offering solutions to mitigate cyber risks faced by the companies. The acquisition would enhance the cyber-security systems for MasterCard which offers payment processing services on a global scale.

Important takeaways for all competitive exams:

  • CEO and Co-Founder of RiskRecon: Kelly White.

Source: The Economic Times

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