Mastercard CEO Sees ‘Long Runway' for Agentic Commerce

Cross-border spending was up 15%, and U.S. debit and credit growth of 7% reflected continued consumer and business resilience.Mastercard CEO Michael Miebach said the company is “at the center” of agentic commerce, working with OpenAI, Google and Cloudflare to set safety and security standards while enabling AI agents to transact over its network.Agentic commerce, stablecoins and steady consumer spending were among the highlights of Mastercard’s third-quarter earnings report on Thursday (Oct. 30).By completi ...