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Stock impact report

US Payments Forum Spring Market Snapshot: AI Use Cases, Contactless Standards and Card-Not-Present Concerns [Yahoo! Finance]

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
It offers perspectives on technologies that are shaping the industry, including artificial intelligence, persistent and emerging fraud trends and contactless and card-not-present transactions. The information provided in the snapshot was gathered during the Forum's Spring Member Meeting in Tucson, Arizona, which followed the Secure Technology Alliance's Identity & Payments Summit. Streamlining contactless payments There's no question that for many consumers contactless has become the de facto way to pay. While the initial surge in contactless payment implementation was spurred by the pandemic, the market is showing no signs of slowing down four years later. On a panel of global payment networks, Mastercard stated they have observed stable growth of 100% YOY for the last few years. In addition to tap-to-pay technologies in retail settings, it was shared that transit has been a big contactless motivator. There are currently 29 live contactless transit payment systems across the U.S. Show less Read more
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