Mastercard's New Global Services Division
Mastercard restructures, forming a new global Services division focusing on loyalty, cyber intelligence, and open banking, effective May 1.
April 13, 2024
Simon Rowles
Founder, CEO
Loyalty Programs and Client Growth Strategies at Mastercard
Loyalty programs and the utilization of insights and analytics are recognized universally as essential needs for Mastercard clients. These elements will integrate under the newly formed global Services division along with Cyber & Intelligence, Data & Services, and Open Banking. This restructuring will be implemented from 1 May.
Structure of the New Global Services Division
The Services division is poised to complement the two other interdependent areas: Core Payments and Commercial & New Payment Flows. This strategic alignment aims to bolster Mastercard's efficacy and comprehensive market offerings.