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Mastercard says real-time payments increase risk of fraud

James Eyers
James EyersSenior Reporter

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Mastercard is developing a new service for banks that will add card-like consumer protections to transactions sent over the real-time payment system that competes with its network.

Mastercard’s Richard Wormald at the AFR Banking Summit in March last year. With real-time payment systems, “money moves faster - but so does fraud,” he says. Louise Kennerley

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