This week marked an important milestone in MasterCard’s evolution as a technology payments company with the grand opening of the company’s New York City Technology Hub. The space builds on the company’s existing innovations hubs in Dublin, Singapore and St Louis. Read the full press release for more information on the event.
The opening coincided with the availability of Apple Pay, which was one of the payment innovations that were showcased in the new 60,000 square foot space in the heart of the tech community in the Flatiron district.
It was a packed house at 114 Fifth Avenue with media from CNN, Wall Street Journal, Bloomberg, The Street TV, NPR and Forbes as well as NY tech influencers from the Flatiron School, Girls Who Code, Techonomy and the NY Tech Meetup.
Chief Emerging Payments Officer, Ed McLaughlin remarked that “we are in the midst of a digital revolution where every device can become a shopping device.” And that being in the heart of one of the top tech talent pools in the world will allow for continued global innovation.
The open floor plan space which houses product and technology teams for MasterPass, Digital Enablement Systems, Open API, MasterCard Labs and Start Path enables rapid prototyping in order to bring digital payments products to market quickly and efficiently.
The evening wouldn’t be complete without sumptuous delicacies from one of our favorite PricelessNY experiences –Marcus Samuelsson’s Red Rooster restaurant—a New York institution.