Mastercard Incorporated (MA) recently collaborated with the Saudi Arabia-based digital payments technology company, Loop, in a bid to introduce a set of credit card offerings and payment solutions across the Kingdom. To this effect, the partners even inked an exclusive issuing deal. Its shares gained 0.4% on Mar 1.As part of the partnership, the well-established technology and expertise of Mastercard will be put to use for issuing Bank Identification Number (“BIN”) ranges. A BIN is used to determine the iss ...

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Thanks to their incredible profitability, powerful network effects, and growth potential, Visa (V 0.18%) and Mastercard (MA 0.39%) are two of the most outstanding businesses around. Their stocks have been huge winners in the past, both significantly outpacing the S&P 500 in the last 10 years.The companies might be on your investing radar, so it's important to understand how these two credit card giants make money. Here's a closer look at the businesses of Visa and Mastercard.Operating payment railsBesides t ...

In the latest trading session, MasterCard (MA) closed at $476.63, marking a +0.39% move from the previous day. The stock fell short of the S&P 500, which registered a gain of 0.8% for the day. On the other hand, the Dow registered a gain of 0.23%, and the technology-centric Nasdaq increased by 1.14%.Coming into today, shares of the processor of debit and credit card payments had gained 3% in the past month. In that same time, the Business Services sector gained 8.45%, while the S&P 500 gained 5.2%.Investors ...

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Mastercard Incorporated (MA) recently inked a multi-market deal with MTN Group Fintech, in a bid to offer enhanced digital solutions for African consumers and small businesses, and make way for them to safely transact through mobile.The partnership aims to solidify the local infrastructure for digital payments and boost access to digital commerce across 13 markets in Africa, which are Benin, Cameroon, Cote d’Ivoire, Eswatini, Ghana, Liberia, Nigeria, Republic of Congo, Republic of Guinea, Rwanda, South Afri ...

Fintech companies are changing the way we look at finance. These companies use the latest technology, like artificial intelligence (AI) and offer high security, a key reason they are preferred over traditional banks. Investors are looking for the easiest way to invest, borrow, save, and trade. If you invest in the right companies at the right time, you could take home solid gains over the next five years. The face of fintech will undoubtedly change over the years, and investing now can yield big returns. Le ...

Key Takeaways Industry and Company * **Company**: Mastercard Incorporated (NYSE:MA) * **Industry**: Payments and Financial Technology Core Views and Arguments * **Capital One and Discover Merger**: Mastercard values its relationship with Capital One and expects to continue partnering with them. The merger demonstrates robust competition within the market. * **Macroeconomic Environment**: Consumer spending remains robust, with inflation cooling and charge-offs and delinquencies leveling off. Mastercard's diversified business model allows it to adapt to changing economic conditions. * **P2P Merchant Space**: The secular shift from cash and check to digital payments presents significant opportunities for growth, particularly in less penetrated markets and new merchant segments. * **Value-Added Services**: These services, including data and analytics, cyber and intelligence tools, and loyalty and personalization capabilities, are a key differentiator for Mastercard and are growing faster than the core business. * **Regulation**: Mastercard advocates for balanced interchange regulation and opposes further debit regulation, as it believes it is harmful to consumers and innovation. * **Real-Time Payments**: Mastercard supports real-time payments and has invested in infrastructure to enable these solutions. The company is prepared to work with customers based on their preferred payment methods. * **AI and GenAI**: Mastercard has been using AI for over a decade and has recently launched GenAI solutions to enhance customer experiences and support small businesses. Other Important Content * **Geographic Expansion**: Mastercard is expanding its presence in Latin America, particularly Brazil, through partnerships with Banco Bradesco and other local banks. * **Customer Wins**: Mastercard has been successful in renewing business with existing customers, converting business from competitors, and securing net new agreements across various markets. * **Innovation**: Mastercard is focused on innovation, including digitizing cash and check, expanding into new merchant segments, and leveraging AI and GenAI technologies.

Mastercard Incorporated (NYSE:MA) Citi FinTech Conference February 28, 2024 11:45 AM ET Company Participants Linda Kirkpatrick - President, The Americas Conference Call Participants Ashwin Shirvaikar - Citigroup Ashwin Shirvaikar Almost good afternoon, everyone and let's get started with the next session of today. I'm Ashwin Shirvaikar, I'm Citi's, Head of FinTech Research. And it's my pleasure to welcome Mastercard to the stage next. From Mastercard, we have Linda Kirkpatrick, who is President of Americas. ...

BARCELONA, Spain--(BUSINESS WIRE)--Mastercard and MTN Group Fintech have signed a multi-market agreement that will set in motion a new era of collaboration to connect millions of people and small businesses across Africa with digital tools to transact through secure mobile payments, expanding access to the benefits of the cashless digital economy. The partnership will use Mastercard’s cutting edge technology and capabilities to support MTN’s ambition to become Africa’s largest fintech platform for both mer ...