Alchemy Pay, a cryptocurrency payment solutions company, has announced a partnership with Mastercard. The goal is to integrate an API for account opening, which will simplify the registration process and improve fraud detection capabilities. 🛡️

Mastercard's API uses machine learning to help companies detect consumers and fraudsters during the registration process. This will allow Alchemy Pay to categorize users based on their risk profiles. 🎯

The integration will also strengthen the threat identification and security control functions in the Alchemy Pay product line, including solutions for NFT and Crypto Card. This will provide customers with improved security measures.

Alchemy Pay recently collaborated with cryptocurrency exchange Bitget to integrate Polish payment provider BLIK. It allows users to make secure crypto-to-crypto deposits in Polish zloty.