As the number and diversity of cyberattacks continue to increase, FinServs need to use sophisticated tech tools to outsmart their enemies – including the use of “honeypots” to gather data. Mastercard announced the acquisition of Sweden-based cybersecurity firm Baffin Bay Networks on Monday to help its clients fend off cyberattacks. Baffin Bay’s threat protection platform […]
Tag: Mastercard
Although quantum computing is still in its infancy, financial institutions can benefit from considering future use cases, setting up experiments, and skills-building. For Mastercard, that means seeing how quantum could help personalize rewards programs. Mastercard has partnered with D-Wave to research how quantum computing could supercharge its loyalty and rewards programs. Quantum – an emerging […]
Pay-by-bank capabilities – which let consumers pay bills directly from their bank accounts without having to type in routing or account numbers – reduces risks and costs for merchants and can earn goodwill from consumers. Mastercard and JPMorgan just announced a new pay-by-bank product to let consumers pay bills directly from their bank accounts with […]
Complex IT systems require increased visibility: Observability platforms can help teams understand their tech stacks, troubleshoot and optimize data workloads, and keep costs under control. Mastercard’s back-end infrastructure is incredibly complicated and inter-connected. “Big data means that even a small problem can cause a large impact,” Mastercard principal engineer Chinmay Sagade said in a presentation last […]