COVID-19 update included
The content of this report will be updated with the latest scenarios based on the global COVID-19 Pandemic


Summary

Mastercard is a payment and technology company that undertakes clearing, authorization, and settlement of payment transactions. It offers a wide range of payment solutions for credit, debit, prepaid, and commercial cards; digital payments, real-time account-based payments, and payment system security; and transaction services such as cross-border and domestic transactions.

It also offers value-added services such as loyalty and rewards and advisory services, such as consulting, analytics, and implementation services. Mastercard serves individuals, financial institutions, digital partners, businesses, merchants, governments, and other organizations. It has operations in the Americas, the Middle East, Africa, Europe, and Asia Pacific. Mastercard is headquartered in the US.

This report explores Mastercard’s digital transformation strategies. It also provides extensive insight into its technology initiatives, covering partnerships and product launches. In addition, the report includes details of the company’s estimated ICT budget for 2020.


Scope

  • Mastercard is adopting biometric technologies to verify transactions through fingerprints and facial recognition. It is also embracing AI and data analytics to prevent fraud and deliver real-time data insights to customers.
  • Mastercard announced a series of partnerships with Microsoft to leverage its cloud technology and innovative payment solutions, in order to minimize inefficiencies in payment processing, and build a global trade platform for verifying and clearing business payments.
  • In February 2020, Mastercard launched its European Cyber Resilience Centre, a cybersecurity center located in Waterloo, Belgium. The center focuses on working in collaboration with national intelligence centers, law enforcement agencies, industry groups, and central banks across Europe.
  • Mastercard is adopting biometric technologies to verify transactions through fingerprints and facial recognition. It is also embracing AI and data analytics to prevent fraud and deliver real-time data insights to customers.
  • Mastercard announced a series of partnerships with Microsoft to leverage its cloud technology and innovative payment solutions, in order to minimize inefficiencies in payment processing, and build a global trade platform for verifying and clearing business payments.
  • In February 2020, Mastercard launched its European Cyber Resilience Centre, a cybersecurity center located in Waterloo, Belgium. The center focuses on working in collaboration with national intelligence centers, law enforcement agencies, industry groups, and central banks across Europe.




Reasons To Buy

  • Learn about Mastercard’s fintech operations, including investments, product launches, partnerships, and acquisitions.
  • Gain insight into its fintech strategies and innovation initiatives.
  • Discover which technology themes are under the group’s focus.