Company profile

Future of MasterCard

#
Rank
129
| Quantumrun Global 1000

Mastercard Incorporated is also known as Mastercard Worldwide. It is a US global financial services corporation headquartered in the MasterCard International Global Headquarters, Purchase, New York, the United States in Westchester County. The worldwide Operations Headquarters is located in O'Fallon, Missouri, United States, a suburb of St. Louis, Missouri. Throughout the world, its primary operational activity is to process payments between the banks of merchants and the card issuing banks or credit unions of the purchasers who use the "Mastercard" brand debit and credit cards to make purchases. Mastercard Worldwide has been a publicly traded company since 2006. The company was a cooperative owned by financial institutions that issue its branded cards prior to its initial public offering.

Home Country:
Industry:
Financial Data Services
Website:
Founded:
1966
Global employee count:
11900
Domestic employee count:
5300
Number of domestic locations:
9

Financial Health

3y average revenue:
$9554000000 USD
3y average expenses:
$4462000000 USD
Funds in reserve:
$6721000000 USD
Market country
Revenue from country
0.69

Asset Performance

  1. Product/Service/Dept. name
    Domestic assessments
    Product/Service revenue
    4086000000
  2. Product/Service/Dept. name
    Cross-border volume fees
    Product/Service revenue
    3225000000
  3. Product/Service/Dept. name
    Transaction processing fees
    Product/Service revenue
    4345000000

Innovation assets and Pipeline

Global brand rank:
169
Total patents held:
410
Number of patents field last year:
25

All company data collected from its 2015 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page. 

DISRUPTION VULNERABILITY

Belonging to the financial sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*First off, the shrinking cost and increasing computational capacity of artificial intelligence systems will lead to its greater use across a number of applications within the financial world—from AI trading, wealth management, accounting, financial forensics, and more. All regimented or codified tasks and professions will see greater automation, leading to dramatically reduced operating costs and sizeable layoffs of white-collar employees.

*Blockchain technology will be co-opted and integrated into the established banking system, significantly reducing transaction costs and automating complex contract agreements.

*Financial technology (FinTech) companies that operate entirely online and offer specialized and cost-effective services to consumer and business clients will continue to erode the client base of larger institutional banks.

*Physical currency will disappear in much of Asia and Africa first due to each region’s limited exposure to credit card systems and early adoption of internet and mobile payment technologies. Western countries will gradually follow suit. Select financial institutions will act as intermediaries for mobile transactions, but will see increasing competition from tech companies who operate mobile platforms—they will see an opportunity to offer payment and banking services to their mobile users, thereby cutting out traditional banks.

*Growing income inequality throughout the 2020s will lead to an increase in fringe political parties winning elections and encouraging stricter financial regulations.

COMPANY’S FUTURE PROSPECTS

Company Headlines