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Mastercard partners Microsoft for digital commerce innovation

Jul 29, 2020

Their partnership will create pathways to financial security and provide tools for sustainable growth

Mastercard

Mastercard partners Microsoft for digital commerce innovation. Source: shutterstock.com

Mastercard and Microsoft have announced a collaboration to shape digital commerce, drive startup innovation, and enable financial inclusion.

The partnership will accelerate Mastercard Labs’ cloud-native research and development activities, enabled by Azure and AI.

According to information, that would allow Mastercard Labs to de-risk and commercialize emerging technologies and platforms for digital commerce.

This strategic collaboration will strengthen and extend our cloud services and capabilities for clients and fintech partners, sparking innovation, and creativity for the ecosystem. It will enable us to explore opportunities focused on new client segments, technologies, and trends as we continue to drive financial inclusion and build the future of commerce
Ken Moore, executive vice president and head of Mastercard Labs

We’ve reported that Microsoft and Finastra?have announced?a multiyear cloud agreement to help accelerate the digital transformation of financial services.

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