Jill Moser, SVP Offers, Loyalty at Mastercard, told Karen Webster that we’re entering a new age of hyper-personalization, where context is critical.Loyalty programs, of course, have been around for decades. As Webster noted, the granddaddy might be Neiman Marcus’s InCircle program, which made the firm the first luxury retailer to debut a loyalty program, way back in 1984. Airlines’ rewards programs are pretty much ubiquitous.But by and large, those programs are not, and have not been, personalized — in fact ...

Investors interested in stocks from the Financial Transaction Services sector have probably already heard of PagSeguro Digital Ltd. (PAGS) and MasterCard (MA) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank favo ...

BARCELONA, SPAIN - MARCH 01: A view of the MasterCard company logo on their stand during the Mobile World Congress on March 1, 2017 in Barcelona, Spain. (Photo by Joan Cros Garcia/Corbis via Getty Images)Payments giant Mastercard says it has built its own proprietary generative artificial intelligence model to help thousands of banks in its network detect and root out fraudulent transactions.The company told CNBC exclusively that its new advanced AI model, Decision Intelligence Pro, will allow banks to bett ...

Mastercard Incorporated (MA) reported fourth-quarter 2023 adjusted earnings of $3.18 per share, which outpaced the Zacks Consensus Estimate by 3.3%. The bottom line climbed 20% year over year.Net revenues of the leading technology company in the global payments industry amounted to $6.5 billion, which improved 13% year over year in the quarter under review. The top line beat the consensus mark by 1.4%.The quarterly results benefited on the back of resilient consumer spending and solid cross-border volumes. ...

Financial Data and Key Metrics Changes - In Q4 2023, net revenues increased by 11% and operating income rose by 13% on a non-GAAP currency-neutral basis compared to the previous year [5][24] - Net income and EPS grew by 15% and 18% respectively, with EPS reaching $3.18, which includes an $0.08 contribution from share repurchases [24] - Worldwide gross dollar volume (GDV) increased by 10% year-over-year, with U.S. GDV up by 4% and international volume up by 13% [25] Business Line Data and Key Metrics Changes - Payment Network net revenue increased by 7%, driven by domestic and cross-border transaction growth [27] - Value-added Services & Solutions net revenue rose by 17%, primarily due to strong growth in Cyber & Intelligence Solutions and data analytics [27] - Switched transactions grew by 12% year-over-year, with card-present transactions benefiting from increased contactless penetration [26] Market Data and Key Metrics Changes - Cross-border spending increased by 18% globally, reflecting strong growth in both travel and non-travel related spending [25] - Domestic assessments rose by 7%, while cross-border assessments increased by 21% [28] - Contactless transactions now represent approximately 65% of all in-person switched purchase transactions [26] Company Strategy and Development Direction - The company focuses on five key areas to drive growth: capturing economic growth, accelerating the shift to electronic payments, penetrating new markets, growing market share, and optimizing customer portfolios [7] - The company is expanding its acceptance network and enhancing user experience for digital transactions, with millions of new acceptance locations added in 2023 [7][8] - The company is also investing in advanced payment technologies like Click to Pay and biometric payments to enhance security and user experience [10][20] Management's Comments on Operating Environment and Future Outlook - Management remains positive about growth outlook, citing strong consumer spending supported by a robust labor market and wage growth [32] - The company is closely monitoring macroeconomic factors, including inflation and geopolitical uncertainties, while maintaining focus on strategic priorities [32][54] - For fiscal year 2024, the company expects net revenues to grow at the high end of a low double-digit rate on a currency-neutral basis [33] Other Important Information - The company repurchased $1.8 billion worth of stock during the quarter, with an additional $586 million repurchased through January 26, 2024 [24] - The company is actively pursuing partnerships in various sectors, including fintechs and public sector partners, to drive growth [12][13] Q&A Session Summary Question: U.S. card volumes and normalized growth expectations - Management noted that there remains a decent amount of secular opportunity in the U.S. for both volume and transaction growth, despite recent deceleration [39][40] Question: Contribution of new wins to fiscal year '24 guidance - Management confirmed that they have factored in expected conversions from new wins into their guidance for 2024, with significant conversions staggered over the year [46] Question: Expectations for payments versus value-added service revenues - Management indicated that value-added services are expected to grow at a faster pace than payment network revenues, driven by strong demand for fraud and security solutions [49][50] Question: Growth outlook between U.S. and rest of the world - Management believes the secular opportunity is greater outside the U.S., but does not expect a significant shift in growth trends between 2023 and 2024 [52] Question: Geopolitical concerns and their impact - Management is monitoring geopolitical events and their potential impact on consumer sentiment and spending, emphasizing the importance of scenario planning [54][55] Question: Drivers of growth in value-added services and solutions - Management highlighted strong demand for cyber and intelligence solutions, data analytics, and personalization as key growth drivers in value-added services [57][58]

jbk_photography When it comes to compounding earnings, dividends, and ultimately, shareholder wealth, it doesn't get much better than Mastercard Incorporated (NYSE:MA). The stock posted earnings this morning, pushing shares to a new all-time high. This compounder has produced positive annual earnings growth during 16 out of its 17 years as a public company. What's even more amazing is that Mastercard produced double-digit growth in each of those 16 positive growth years. The only year that Mastercard failed ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

For Mastercard, new payment flows and digital innovations outpaced spending growth on cards — though consumers remain resilient.And as management noted in a press release and on an earnings call discussing the fourth quarter of 2023, demand has been strong for security and authentication solutions that protect those transactions.Supplemental materials reveal that fourth-quarter gross dollar volumes were up 10% to $2.3 trillion.In the United States, debit and prepaid card spending was up 2.7% to $345 billion ...

For the quarter ended December 2023, MasterCard (MA) reported revenue of $6.55 billion, up 12.6% over the same period last year. EPS came in at $3.18, compared to $2.65 in the year-ago quarter.The reported revenue represents a surprise of +1.39% over the Zacks Consensus Estimate of $6.46 billion. With the consensus EPS estimate being $3.08, the EPS surprise was +3.25%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expec ...

MasterCard (MA) came out with quarterly earnings of $3.18 per share, beating the Zacks Consensus Estimate of $3.08 per share. This compares to earnings of $2.65 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.25%. A quarter ago, it was expected that this processor of debit and credit card payments would post earnings of $3.21 per share when it actually produced earnings of $3.39, delivering a surprise of 5.61%.Over the last ...