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Mastercard: Enterprise Tech Ecosystem Series

Mastercard: Enterprise Tech Ecosystem Series

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 provides insights into Mastercard's digital transformation strategies, accelerator programs, and innovation centers. It also gives an overview of its technology initiatives, covering partnerships and product launches, as well as insights on each technology initiative including technology theme, objective, and benefits. In addition, the report includes details of the company's estimated ICT budgets and major ICT contracts.

Scope

- Mastercard is exploring and utilizing technologies including AI, blockchain, big data, IoT, and the cloud to achieve operational efficiencies, expand its payment solutions, and minimize security risks.
- Mastercard has launched several solutions leveraging the expertise of disruptive fintech startups to offer an enhanced payment experience. For instance, Decision Intelligence leverages machine learning technology to increase approval rates for transactions and deliver a better shopping experience.
- Mastercard adopts digital payment strategies to build an array of products and services that simplify the payment process and meet issuer, merchant, and consumer needs. Mastercard has established various partnerships to offer innovative solutions for individual and business customers.

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.
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Mastercard: Enterprise Tech Ecosystem Series
Published By :GlobalData
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