Mastercard
Mastercard Innovation & Technology Culture
Frequently Asked Questions
Innovation is part of our DNA. Mastercard invests heavily in emerging technologies and bold ideas that shape the future of commerce. From AI-powered fraud detection to tokenisation platforms and biometric authentication, we continuously push boundaries to make payments safer, smarter, and more resilient. Programs like Discovery Days and Sandbox Challenges encourage employees to experiment and bring fresh ideas to life, ensuring innovation happens at every level of the organization.
Mastercard Employee Perspectives
In an era where fraud and cybercrime are converging at unprecedented speed, Mastercard is taking a decisive step forward. Our acquisition of Recorded Future, the world’s largest threat intelligence company, marks a turning point not just for Mastercard, but for the entire financial ecosystem.
In a podcast interview with Risky Business News, Michael Lashlee, Mastercard’s Chief Security Officer (CSO), shared why this move is more than just a business decision, it’s a strategic investment in trust, resilience, and the future of payments security.
Why threat intelligence? Why now?
Fraud is no longer just a financial issue; it’s a cybersecurity crisis. In 2024 alone, U.S. consumers lost over $12.5 billion to scams, while global fraud losses exceeded $1 trillion. With AI enabling attackers to scale and innovate, businesses face an arms race where the side with the best data, models, and computing power wins.
160B+ transactions annually
Mastercard processes over 160 billion transactions annually, providing unique insights into fraud patterns and emerging cyber threats. By integrating this data with Recorded Future’s intelligence engine, Mastercard can deliver real-time, actionable insights and predictive analytics to clients worldwide.
This collaboration strengthens fraud detection, accelerates response times, and helps organizations move from reactive defense to proactive resilience.
The bigger picture: collaboration and global defense
Cybercrime is no longer the domain of lone hackers; it’s driven by organized criminal groups and even nation-states. Mastercard actively partners with regulators, law enforcement, and industry bodies, such as Interpol and Europol, to share intelligence and disrupt criminal ecosystems.
Today, Mastercard participates in more than 50 global initiatives aimed at building a safer digital economy. As Lashlee shares in the podcast:
“Security is a shared responsibility. By combining intelligence, technology, and trust, we can help organizations navigate complexity and build a safer digital economy for everyone.”
Threat intelligence as a strategic investment
As AI evolves, Mastercard Threat Intelligence will leverage advanced analytics to deliver precise, code-level defenses. Beyond technology, Mastercard is fostering transparency and collaboration across borders, enabling cross-industry information sharing to reduce losses and strengthen trust.
Threat intelligence is no longer a technical tool; it’s a strategic investment and a market differentiator. By combining intelligence, technology, and trust, Mastercard is setting a new standard for cybersecurity in payments.
The goal? A safer, more connected financial ecosystem for everyone.
