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International Business Times
International Business Times
Business
Marvie Basilan

MatterFi Launches 'Phishing-Proof' Fintech Infrastructure To Redefine The Future Of Financial Transactions

Economy PayPal
MatterFi has seamless features that traditional finance platforms such as PayPal and Revolut are known for. (Credit: MatterFi Website / Screenshot)

KEY POINTS

  • In Q2 2024, phishing was the 'most costly attack vector' as Web3 losses from the attacks hit $497M in the first half of the year
  • MatterFi brings change with its Send-to-Name solution for seamless and secure transactions
  • The platform makes payments 'as intuitive and easy to use as legacy systems': MatterFi Founder Michael Pospieszalski

MatterFi, the foundational layer for financial services to build into the cryptocurrency ecosystem, has officially launched its enterprise-ready platform after completing a six-month beta phase with much success.

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