MasterCard Archives - CFO

Mastercard to Buy CipherTrace in Crypto Bet

Mastercard to Buy CipherTrace in Crypto Bet

CipherTrace's blockchain analytics tools will be combined with Mastercard's cybersecurity solutions to help businesses identify crypto risks.

By Matthew Heller | September 9, 2021

Mastercard to Buy Finicity

Mastercard to Buy Finicity

The companies said the deal would strengthen Mastercard’s "open banking" capabilities.

By Vincent Ryan | June 23, 2020

E-Commerce Posts 18.8% Holiday Season Gain

E-Commerce Posts 18.8% Holiday Season Gain

Retailers offered omnichannel sales earlier in the season, "meeting consumers’ demand for the best deals across all channels and devices."

By Matthew Heller | December 26, 2019

Mastercard to Buy Bill-Pay Platform Transactis

Working Capital

Mastercard to Buy Bill-Pay Platform Transactis

"We’ll be able to deliver a better real-time consumer experience, from sign-up to viewing and paying bills," says Mastercard.

By Vincent Ryan | May 3, 2019

Mastercard Buys Transfast After Earthport Rebuff

Mastercard Buys Transfast After Earthport Rebuff

“We believe Transfast gives us the strongest platform to immediately enhance our cross-border [payments] capabilities," Mastercard says.

By Matthew Heller | March 8, 2019

Mastercard CFO Martina Hund-Mejean to Retire

Mastercard CFO Martina Hund-Mejean to Retire

Chief financial operations officer Sachin Mehra will succeed Hund-Mejean as CFO on April 1.

By Lauren Muskett | February 13, 2019

Mastercard SpendingPulse: Retail Sales Grew at Strongest Rate in Six Years

Mastercard SpendingPulse: Retail Sales Grew at Strongest Rate in Six Years

Retail sales topped over $850 billion this holiday season as shoppers were encouraged by a robust economy and early discounts.

By William Sprouse | December 26, 2018

Visa, Mastercard Settle Long-Running Fee Suit

Risk & Compliance

Visa, Mastercard Settle Long-Running Fee Suit

The companies said they have already set aside funds to cover the penalty.

By William Sprouse | September 19, 2018

Mastercard Beats Views With Record Revenue

Financial Performance

Mastercard Beats Views With Record Revenue

Overseas transactions played a "major role" in Mastercard's Q1 performance as gross dollar volume increased 23.5% compared to 10.5% in the U.S..

By Matthew Heller | May 2, 2018

Mastercard Profit Jumps 21% to Record $1.43B

Financial Performance

Mastercard Profit Jumps 21% to Record $1.43B

Strong consumer spending overseas helped drive Mastercard's gross dollar volume to $1.4 trillion in the third quarter.

By Matthew Heller | October 31, 2017

Six Ways to Curb the Costs of a Data Breach

Six Ways to Curb the Costs of a Data Breach

You can’t lose a customer’s or an employee’s data if you don’t have it.

By Rotem Iram | August 2, 2017

MasterCard Shares Surge on 12% Profit Gain

Financial Reporting

MasterCard Shares Surge on 12% Profit Gain

The company is benefiting from healthy consumer spending but faces increased costs as it spends on digital payment initiatives.

By Matthew Heller | May 2, 2017

MasterCard Acquires U.K. Payments Giant VocaLink

MasterCard Acquires U.K. Payments Giant VocaLink

The deal signals MasterCard's continued penetration of international payments and point-of-sale markets.

By Christopher Hosford | July 21, 2016

Home Depot Joins Battle Over Chip Card Security

Risk & Compliance

Home Depot Joins Battle Over Chip Card Security

The retailer says in an antitrust suit that Visa and MasterCard are trying to block the use of PINs to verify chip-card transactions.

By Matthew Heller | June 16, 2016

MasterCard Profits Slide But Beat Expectations

MasterCard Profits Slide But Beat Expectations

The card payments company reported a 6% decline in profit but revenue climbed.

By Matthew Heller | April 28, 2016