…e adoption of the click-to-pay checkout as more merchants, such as FreshDirect, Match.com and Saks Fifth Avenue, come on board. Reinforcing a Foundation of Trust – During the quarter, we announced the acquisition of RiskRecon. They bring a best-in-class AI and analytics solution to help businesses of all types – merchants, financial institutions, governments and others – secure their digital assets. This is a great complement to our existing cybe…
…before, more women are entering into leadership roles – The share of women sitting on the boards of Fortune 500 companies has more than doubled, from 9.6% in 1995 to 22.2% in 2017 and the share of female CEOs of Fortune 500 companies reached was 4.8% in 2018. As recently as 1995, there were no female CEOs on the Fortune 500 list.1 At Mastercard we realize that the world needs to change and it is only fitting that women are at the table when tech…
Deadly wildfires in both northern and southern California are threatening entire communities and forcing hundreds of thousands of people to evacuate. The fire is only 25 percent contained and is on track to become the most destructive fire in the state’s history. In southern California alone, the Hill and Woosley fires are threatening communities west of Los Angeles, burning more than 91,000 acres and have already destroyed nearly 400 homes. Mas…
…and new technologies – whether that’s using data to ease traffic congestion, improve mass transit efficiency or combine payment capabilities with city issued identification cards – we share a common purpose. That purpose is to help create a prosperous future that is available and accessible and inclusive of all. Payments matter because people matter. And partnerships among likeminded corporate, government and NGO organizations can identify and b…
…. If the issue can’t be solved—like a water park that’s out of service—the Lifestyle Manager will book them at a comparable hotel. With Mastercard’s Lowest Hotel Rate Guarantee, we make sure our World and World Elite cardholders get the best value possible. If a cardholder books a hotel with us but then finds a lower price online, the difference will be completely refunded. I’m excited to share that, starting today, these guarantees are availabl…
…ect opportunity to skip your sad desk lunch, dine out with a friend or colleague and support cancer research. We commissioned a survey to understand consumer behavior and sentiment around lunch, validating that the state of lunch in America has plenty of room for improvement when it comes to physical and mental health – as well as workplace culture. Defy the Lunch Break Status Quo: Ninety-four percent of those employed do not typically dine out…
…those who have been impacted take care of their needs faster and hopefully return to a state of safety, calm and comfort sooner. Together with our issuing banks, we are waiving any interchange related to donations through November 15, 2018 to a variety of charitable organizations supporting those impacted by the recent natural disaster. Specific charities include: Americares American Red Cross Doctors Without Borders International Rescue Committ…
I’m an avid Postmates and DoorDash user – while I do love great food, I’m often short on time and these delivery services ensure that a delicious meal is just a few taps away. It’s great to get what you want, when you want without having to give it a thought. But sometimes I do give it a thought – How does the delivery person who is sometimes buying and delivering food from a local bodega and at other times from a gourmet restaurant pay or get p…
…have the funds but still needed to pull out a card separately. I got back to work and met with different payment companies with a goal of bridging the gap. One by one, a common request emerged – they wanted to infuse our ideas into their own products. The feedback was that my solution would differentiate their services and win over millennials who used Venmo because of the social and fun features attached to transfers. We never did find the right…
Transitioning back to work after my sons were born was both challenging and exhilarating. There is that period of readjustment, getting reacquainted with the priorities in play, navigating areas of business change and just rebalancing life. There was certainly a moment or two when I questioned how I could possibly get a handle on everything I’d missed. Now imagine instead of a short parental leave, you have been away for 2 or 3 years. Not on a 6…