Mastercard Takes Innovation Agenda to Citi FinTech Conference
Fintech

Mastercard Takes Innovation Agenda to Citi FinTech Conference

19h ago

Mastercard brought its technology and innovation agenda to Citi's 15th Annual FinTech Conference, where company representatives took part in a question-and-answer session centered on how the payments network is developing its capabilities.

The conversation was set to move into specifics of Mastercard's technology work rather than stay at a broad overview. Large payments companies have increasingly positioned their networks as platforms that combine transaction processing with data-driven services, fraud prevention and other tools that sit alongside the core card business.

FinTech conferences of this kind give established players a venue to explain their strategies to investors and industry peers, while newer entrants use the same stage to pitch competing approaches. For Mastercard, such appearances offer a chance to draw attention to innovation efforts that support its wider business.

The published transcript of the session captures the back-and-forth between the moderator and Mastercard's representatives, beginning with a level-setting discussion before turning to the specifics of the company's technology and innovation work. No new financial guidance or headline figures were disclosed in the opening portion of that conversation.

Source: seekingalpha.com