In an interview with PYMNTS, Cheryl Guerin, MasterCard’s EVP and group head of global products & solutions, discussed how the credit card firm’s $20 million cybersecurity plan will further existing technologies as well as MasterCard’s plans to bring biometrics to the mainstream.
 
In the interview, Guerin discussed the recent U.S. rollout of MasterCard Safety Net, a new initiative the company announced a couple weeks ago that provides an independent layer of security on top of the tools and policies of financial institutions, in which it monitors and blocks specific transactions based on selected criteria.
 
Guerin also highlighted how Mastercard would help usher biometrics into the mainstream industry through various initiatives.