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MasterCard helps Uzbekistan combat payment systems fraud

Uzbekistan Materials 13 November 2023 14:19 (UTC +04:00)
Kamol Ismailov
Kamol Ismailov
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TASHKENT, Uzbekistan, November 13. The Central Bank of Uzbekistan and MasterCard organized a seminar on cybersecurity and combating payment card fraud, Trend reports.

During the event, MasterCard experts provided information on methods and schemes of fraud in the field of payment cards, various types of fraud related to social engineering, as well as acquiring risks and methods of reducing them.

The event was held within the framework of the partnership agreement between the Central Bank of Uzbekistan and MasterCard signed in 2022.

Meanwhile, the Central Bank of Uzbekistan signed a Memorandum of Understanding on cooperation with MasterCard on July 22, 2022. The document is aimed at expanding bilateral relations in the fields of activity of the two organizations.

In addition, it serves to increase the knowledge and experience of employees in the fields of payment systems, cybersecurity, and financial literacy through joint technical consultations, training, seminars, and expert visits.

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