Mastercard & Whistic Partner to Enhance Third-Party Risk Management

Group 1 - Mastercard has partnered with Whistic to launch a new product that combines RiskRecon capabilities with third-party risk management expertise, aiming to improve risk outcomes for organizations [1] - The partnership is expected to enhance Mastercard's value-added services, with net revenues in this segment increasing by 16.8% year over year in 2024 [2] - Whistic's AI-driven security assessments, along with RiskRecon scoring, will provide clients with insights into vendor risk, enabling informed risk management decisions [3] Group 2 - The integration of these services is projected to drive higher revenues through increased adoption of Mastercard's value-added services, with management estimating low-double-digit growth in adjusted net revenues for 2025 [4] - Mastercard's share price has increased by 5.4% year to date, compared to the industry's growth of 8.8%, and currently holds a Zacks Rank of 3 (Hold) [5]