Mastercard Inc. – Digital transformation strategies
Powered by
All the vital news, analysis, and commentary curated by our industry experts.
Mastercard Digital Transformation Strategies Report Overview
Mastercard uses AI technologies as a part of its digital transformation strategies. The annual ICT spending of Mastercard was estimated at $835 million in 2023. A major share of this spending is earmarked for acquiring software, ICT services, and hardware from vendors. Mastercard Inc (Mastercard) is a payment and technology company, which deals with clearing, authorization, and settlement of payment transactions. It offers a wide range of payment solutions for credit, debit, prepaid, and commercial cards; digital payments, real-time account-based payments, and payment system security; and transaction services such as cross-border and domestic transactions. Mastercard also provides value-added services such as loyalty and rewards and advisory services such as consulting, analytics, and implementation services.
Total ICT Spending 2023 | $835 million |
ICT Spend by Function | Communications, Data Center, Network, Application, End-User Computing, Service Desk, and Management |
ICT Spend by Channel | Internal Development and Maintenance, Technology Vendors (Direct), Local Resellers, Telcos, ICT Services Providers/Consulting Firms, Specialist Outsourcers, and Systems integrators |
External ICT Spend by Segment | ICT services, Software (including Cloud SaaS), Hardware (including Cloud Iaas), Network and communications, Consulting, and Others |
Technology Theme Focus | Artificial Intelligence, Big Data, Cloud, Blockchain and Payments |
The Mastercard digital transformation strategies report will act as a reference point to understand a company/competitor’s digital strategy. It will also help in understanding the digital preparedness of the company against its peers. The information included in these reports is sourced from a mix of our very own internal database and authentic secondary research links such as the company’s annual report, presentations, press releases, etc. The report covers an overview of the company, its digital transformation strategies, technology focus areas, technology initiatives, technology introductions, partnerships, investments, acquisitions, and ICT spending among others.
Digital Transformation Strategies
Mastercard is tapping the power of AI technologies to offer products and services that protect customers from financial fraud and allow them to focus on customer service. By leveraging AI technologies Mastercard aims to help its enterprise customers reduce transaction-level fraud, credit risk, and loan defaults and prevent fraudulent healthcare claims. Mastercard’s AI-driven fraud detection software models analyse billions of transactions for suspicious and fraudulent transactions across industries.
Buy The Full Report To Gain More Insights On The Digital Transformation Strategies And Initiatives Of Mastercard, Download A Free Report Sample
Mastercard Technology Theme Focus
Mastercard is utilizing several emerging technologies including artificial intelligence, big data, cloud, blockchain, and payments to enhance operational efficiency and product offerings.
Mastercard Technology Focus
Buy The Full Report To Know About Other Technology Themes Under Focus For The Company, Download A Free Report Sample
Mastercard Technology Initiatives
Mastercard has been involved in several strategic technology partnerships and collaborations, technology developments, and roll outs over the past few years. For instance, Mastercard signed a memorandum of understanding with ZainTech, a one-stop digital solutions provider, to create data-driven and innovative solutions for businesses across the Middle East and North Africa. ZainTech revolutionizes day-to-day business by streamlining its digital transformation journey, by offering cutting-edge data solutions, and facilitating digital and data-driven decision-making, to achieve clients’ corporate goals and drive growth. The partnership will help streamline clients’ operations, including enhancing productivity and cost savings.
Buy The Full Report For More Insights On Other Technology Initiatives Of Mastercard, Download A Free Report Sample
Mastercard ICT Spend by Function
- Communications
- Datacenter
- Network
- Application
- End-user computing
- Service desk
- Management
Mastercard ICT Spend by Function, 2023 (%)
Buy The Full Report For More Insights On ICT Spending By Function, Download A Free Report Sample
Mastercard ICT Spend by Channel
- Internal development and maintenance
- Technology vendors (direct)
- Local resellers
- Telcos
- ICT services providers/Consulting firms
- Specialist outsourcers
- Systems integrators
Mastercard ICT Spend by Channel, 2023 (%)
Buy The Full Report For More Insights On ICT Spending By Channel, Download A Free Report Sample
Mastercard External ICT Spend by Segment
- ICT services
- Software (including Cloud SaaS)
- Hardware (including Cloud Iaas)
- Network and communications
- Consulting
- Others
Mastercard External ICT Spend by Segment, 2023 (%)
Buy The Full Report for More Insights on External ICT Spending By Segment, Download A Free Report Sample
Scope
This report provides:
- Insight into Mastercard’s technology activities.
- Insights into its digital transformation strategies and technology center & innovation program.
- Overview of technology initiatives covering product launches, partnerships, investments, and acquisitions.
- Insights on each technology initiative including technology theme, objective, and benefits.
- Details of estimated ICT budgets and major ICT contracts.
Reasons to Buy
- Gain insights into Mastercard’s technology operations.
- Gain insights into its technology strategies and innovation initiatives.
- Gain insights into its technology themes under focus.
- Gain insights into its various product launches, partnerships, investments, and acquisitions.
Network International
Goals101.ai
Envisible
R3
Binance
Immersve
Bakkt
Microsoft
Interos
NAPS
Copal
Dapi
Sabre
Conferma Pay
HyperPay
Table of Contents
Frequently asked questions
-
What was the total ICT spending of Mastercard in 2023?
The annual ICT spending of Mastercard was estimated at $835 million in 2023.
-
Which is the leading ICT spending category by function for Mastercard?
Network is the leading ICT spending category by function for Mastercard in 2023.
-
Which is the leading ICT spending category by channel for Mastercard?
Internal development and maintenance is the leading ICT spending category by channel for Mastercard in 2023.
-
Which is the leading ICT spending category by segment for Mastercard?
Software (including cloud SaaS) is the leading ICT spending category by segment for Mastercard in 2023.
-
What are the key technology themes in focus for Mastercard?
The key technological themes in focus for Mastercard are artificial intelligence, big data, blockchain, cloud, and payments.
Get in touch to find out about multi-purchase discounts
reportstore@globaldata.com
Tel +44 20 7947 2745
Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.
Related reports
View more Contract Manufacturers reports

