Full-Time
Facilitates secure digital payment transactions
No salary listed
Senior, Expert
Company Historically Provides H1B Sponsorship
Pune, Maharashtra, India
Mastercard operates in the payments industry, focusing on building an inclusive digital economy. The company connects individuals, financial institutions, governments, and businesses through secure data and networks. Mastercard facilitates transactions by charging fees to merchants and financial institutions for processing payments. It serves a wide range of clients across over 210 countries and territories, aiming to make transactions safe, simple, and accessible. By leveraging partnerships and technology, Mastercard drives growth and sustainability. A key aspect of its culture is the decency quotient (DQ), which guides its operations and interactions.
Company Size
10,001+
Company Stage
M&A
Total Funding
$9M
Headquarters
Harrison, New Jersey
Founded
2007
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New Parent Leave
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SAP will be embedding its generative artificial intelligence assistant Joule into its expense management platform Concur, bringing it a step closer to becoming fully automated.Joule, which is expected to be available in the second quarter of this year as part of Concur Expense, aims to help answer questions from employees using the tool as they file expense reports, thereby reducing effort. It also should be able to make a timeline of expenses, check for mistakes and missing expenses and to make recommendations on how to finish the report. The AI copilot will also be made available in Concur Travel, the corporate travel management solution, and is anticipated to be available later this year though it is live now in the SAP Early Adopter Care program. In Concur Travel, Joule is meant to assist with location planning for meetings held offsite, including recommendation generation and flight and hotel cost estimations.The AI agent news came alongside a slew of announcements at the SAP Concur Fusion event in Seattle this week.“At SAP Concur, we’re creating a world where travel and expenses practically manage themselves,” said Chris Juneau, senior vice president at SAP and head of product marketing at SAP Concur. “We continue to deliver on that journey with these touchless experiences enabled by industry-leading generative AI and close partnerships with top payment providers.”SAP Concur also revealed it is expanding its partnership with American Express in an effort to streamline expense management for shared customers of the two brands. As part of the expansion, the duo launched a real-time authorization data capability for purchases made on American Express corporate cards
Mastercard has begun offering its money transfer solutions through Jack Henry’s Rapid Transfers service. The partnership, announced Monday (March 17) is designed to allow for “near-real time” money movement via Mastercard Move. By “near-real time,” the companies mean that transaction approvals will depend on the payment and receiving financial networks in question, and that actual fund availability will depend on the receiving financial institution
Mastercard has teamed with ICBA Payments, payments subsidiary of the Independent Community Bankers of America. The alliance is designed to help community banks modernize their card programs and offer enhanced payment services, according to a Monday (March 17) news release. “Today, we’re not only upgrading payments but also investing in the future of our local communities,” ICBA Payments CEO Jacob Eisen said in the release
Hotel rewards program Wyndham Rewards partnered with Galileo Financial Technologies, SoFi’s technology platform, to launch a debit card that lets users earn travel rewards and points on everyday spend. The new Wyndham Rewards Debit Card is designed to cater to the many travelers, particularly younger ones, who prefer to use debit cards, Charmaine Taylor, senior vice president, strategic and financial partnership, Wyndham Hotels Resorts, said in a Monday (March 17) press release emailed to PYMNTS. With the new card, these travelers no longer have to miss out on travel rewards when they use their preferred method of payment, Taylor said
British bank Virgin Money has launched an open banking-focused partnership with Mastercard. The collaboration will let Virgin Money customers view all their credit card and current account balances and transactions from any provider on the company’s credit card app, Virgin Money said in a news release provided to PYMNTS Monday (March 17). The solution, powered by Mastercard’s open banking technology, lets Virgin Money’s 6.6 million U.K. customers manage their accounts in a single and convenient place, the release added