Mastercard

Company Overview

MasterCard Inc. is a technology company that connects global consumers, financial institutions, merchants, governments and businesses, enabling them to use electronic forms of payment. The company allows users to make payments by creating a range of payment solutions and services using its brands, which include MasterCard, Maestro and Cirrus. The company’s services facilitate transactions on its core network among account holders, merchants, financial institutions, businesses, governments and other organizations in global markets.

MasterCard acquired NuData Security Inc., a passive biometrics and behavioral analytics company. NuDetect, its flagship product, helps organizations form digital trust by identifying users based on their online interactions (i.e., behavior that can’t be mimicked or replicated by a third party). The acquisition will also strengthen MasterCard’s efforts regarding device-level security and authentication, enabling near real-time collaboration among issuers, merchants and processors.

Company's Business Segments

• Payment network : Payment Network Transactions, Switched Transactions, Authorization, Clearing and Settlement, Cross-Border and Domesti, Payment Network Architecture, Payments Ecosystem Security, Consumer Credit, Consumer Debit, Commercial Point of Sale.
• Value-added services and solutions : Cyber and Intelligence Solutions, Data and Services Solutions, Processing and Gateway, Open Banking Solutions, Digital Identity Solutions.