Case Study: Mastercard reduces mobile payment fraud and accelerates transactions with HYPR's decentralized, hardware-backed authentication

How HYPR and Mastercard are enabling Strong Customer Authentication for millions of users worldwide

Mastercard partnered with HYPR to redesign consumer authentication for mobile payments, aiming to move beyond centralized credentials and plastic cards. Faced with a mandate for hardware-backed, edge‑stored credentials and FIDO-based standards, Mastercard needed a solution that preserved a seamless user experience across a fragmented global device ecosystem and that could be consumed by banking partners for both B2C and B2B2C use cases.

HYPR delivered Android and iOS SDKs plus its Decentralized Authentication Suite with a FIDO‑Certified architecture and Advanced Device Protection (ADP) to store biometrics and keys in the device TEE. The HYPR implementation eliminated centralized credentials, made credential‑reuse attacks infeasible, reduced mobile payment fraud, and accelerated transaction speeds—enabling frictionless payments at multi‑million user scale while preserving strict hardware‑backed security for Mastercard and its partners.

MasterCard

Bob Reany

EVP Global Products and Services for Identity Solutions