Mastercard is committed to embracing new networks and driving growth in adjacent areas while leveraging its expertise in managing global payment networks to benefit customers. The company’s efforts to integrate digital identification and open banking into core payments and services are aimed at providing enhanced value to customers.
Digital ID has become critical for accessing government services, voting, and online shopping in many countries. Mastercard’s open banking assets connect to a vast number of deposit accounts in the US and thousands of banks in Europe, enabling seamless data sharing for improved customer experiences with partners like Verizon and Worldpay.
Looking ahead to 2024, Mastercard is focused on building a smarter, safer, and more inclusive digital future that meets the evolving expectations of its customers, partners, account holders, and shareholders. The company remains committed to delivering high-quality payment services that stakeholders rely on every day.
