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Mastercard has announced plans to acquire Ethoca to reduce fraud in digital commerce

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Mastercard continues its spending spree, agreeing to buy Ethoca, a firm that helps merchants and card issuers collaborate in real-time to identify and resolve fraud in digital commerce. Financial terms were not disclosed.

The move comes days after Mastercard bowed out of a bidding war with Visa for Earthport and instead agreed to acquire money transfer network Transfast.
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