Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  MasterCard    MA

MASTERCARD

(MA)
My previous session
Most popular
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Smart cities key to “more connected” MEA region: Mastercard

share with twitter share with LinkedIn share with facebook
share via e-mail
0
07/22/2018 | 07:05am EDT

Mastercard, a technology company in the global payments industry, has re-affirmed its commitment to supporting smart cities in enabling a more connected and inclusive future for the Middle East and Africa (MEA).

The global payments firm has pledged to develop more meaningful partnerships with both the public and private sector at the recent World Cities Summit in Singapore.

Markets across the region are already heavily investing in the future of cities, with figures from the International Data Corporation forecasting that spend on technologies that enable smart city initiatives will reach $1.26 billion in MEA in 2018.

Commending the exceptional efforts of regional governments in implementing smart city initiatives and creating more opportunities for their cities’ transformation into vibrant hubs for innovation, Mastercard experts at the Summit shed light on the significance of a ‘Public-Private-People (3P)’ model and data analytics as key enablers of the technologies that will open doors to the cities of the future.

“An inclusive future for all is a shared responsibility and we believe that effective collaborations hinged on a dynamic Public-Private-People model is the way forward if we want to unlock the full potential of our cities. Mastercard is focused on making cities more efficient and inclusive by enabling ecosystems that benefit residents, visitors and local businesses. The key to the success of these cities is Partnerships, and we will continue to engage with governments, NGOs and leaders in innovation to enable a smarter and more connected future for all,” said Magdy Hassan, general manager, Egypt and Pakistan.

As part of its participation at the Summit, Mastercard welcomed a delegation of the region’s most prominent journalists and influencers, where it facilitated in-depth discussions with industry experts and showcased the latest technologies to demonstrate and build advocacy for smart and connected cities.

With two billion adults around the world still lacking access to financial services, Mastercard is helping advance inclusive communities globally through its collaborations. The company has partnered with over 60 governments globally to deliver more than 1,600 scalable programs in various cities and communities around the world.

The post Smart cities key to “more connected” MEA region: Mastercard appeared first on tahawultech.com.

(c) 2018 Corporate Publishing International. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on MASTERCARD
04:35aMASTERCARD : Causeway fees slashed by 15 per cent
AQ
03/21VTB BANK : (Armenia) offers to make purchases with MasterCard cards  instantly w..
AQ
03/21MASTERCARD : 4 trends that are changing the data conversation
AQ
03/20MASTERCARD : feels data rules may prevent fraud detection
AQ
03/20MASTERCARD : to Reduce Digital Commerce Fraud by Acquiring Ethoca
AQ
03/19MASTERCARD : Get up to £140 in pre-paid Mastercards with BT's fibre broadband de..
AQ
03/19MASTERCARD : Al Baraka partners with Mastercard to boost regional payments ecosy..
AQ
03/19MASTERCARD : OneCoin indictment includes securities fraud charge
AQ
03/18AL BARAKA BANKING B S C : ABG-Mastercard inks MoU to bolster region's payment ec..
AQ
03/18AL BARAKA BANKING B S C : Group and Mastercard Sign MoU to Strengthen Region's P..
AQ
More news
Financials ($)
Sales 2019 16 765 M
EBIT 2019 9 651 M
Net income 2019 7 718 M
Finance 2019 2 441 M
Yield 2019 0,49%
P/E ratio 2019 31,30
P/E ratio 2020 26,40
EV / Sales 2019 14,3x
EV / Sales 2020 12,5x
Capitalization 242 B
Chart MASTERCARD
Duration : Period :
MasterCard Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends MASTERCARD
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 39
Average target price 238 $
Spread / Average Target 0,75%
EPS Revisions
Managers
NameTitle
Ajaypal S. Banga President, Chief Executive & Operating Officer
Ari Sarker Co-President-Asia Pacific
Richard Neil Haythornthwaite Chairman
Edward McLaughlin President-Operations & Technology
Martina T. Hund-Mejean Chief Financial Officer
Sector and Competitors
1st jan.Capitalization (M$)
MASTERCARD25.03%241 981
VISA18.08%342 302
PAYPAL HOLDINGS23.86%122 190
PALO ALTO NETWORKS INC32.62%23 414
AVAST5.28%3 739
MIMECAST LTD42.19%2 889