News about financial crime

Mastercard has unveiled Stablecoin Security at the Money20/20 USA conference, a tool that combines payment data with blockchain analytics to flag fraud, scams, sanctions exposure and other financial crime risks before stablecoin funds move onchain. It generates a risk score before a payment is completed so banks can identify transactions that need further review. Borderless.xyz and Keyrails are the initial partners, with global commercial availability expected next year. The launch follows Mastercard's $1.8 billion acquisition of BVNK in August, as growth in stablecoin supply has slowed this year even as transaction volumes accelerated. A Standard Chartered report suggests the stablecoin market could reach $2 trillion by 2030, two years later than its initial forecast.