Mastercard Incorporated Stock Price, News & Analysis

Mastercard Incorporated (NYSE: MA) has declared a quarterly cash dividend of 44 cents per share. This dividend will be payable on August 9, 2021 to stockholders of record as of July 9, 2021. The company aims to support an inclusive, digital economy while engaging in sustainable practices across over 210 countries. Mastercard's commitment to delivering secure payment solutions and fostering partnerships underscores its focus on innovation and community impact.

A consortium formed by America’s SBDC, Intuit, Mastercard, Thryv, and others launched “Launchpad America” to support entrepreneurs in post-pandemic recovery. The initiative aims to provide essential resources, mentorship, and free tools for startup success, addressing the challenge of high failure rates in new businesses. The program includes a Startup Guide and a Starter Kit with access to services from coalition partners. This effort reflects a growing trend of new business applications at the fastest pace since 2007, highlighting the importance of small businesses in economic recovery.

Mastercard (NYSE: MA) has finalized its acquisition of Ekata, an identity verification service provider, enhancing its digital identity and fraud prevention efforts. Ajay Bhalla, President of Cyber and Intelligence at Mastercard, emphasized the commitment to integrate teams and advance identity capabilities to ensure secure online interactions. This acquisition aims to assist businesses in identifying customers accurately while advocating for data privacy and security. The move underscores the importance of creating trust in an increasingly digital world.

Mastercard is expanding its True Name^® card feature globally, starting with partners in Europe and North America. Global Payments is implementing this feature for TSYS issuer customers, enabling individuals to display their preferred names on cards. Notable partners include bunq and Monzo in Europe and BM Technologies and Republic Bank in North America. True Name aims to foster inclusivity, especially for the LGBTQIA+ community, reducing negative experiences related to misidentification. The program has no additional compliance requirements, making it easier for issuers to adopt.

Mastercard (NYSE: MA) announced that Michael Froman, vice chairman and president of strategic growth, will speak at the Morgan Stanley Sustainable Futures Conference on June 9. The presentation is scheduled for 1:15 p.m. Eastern Time and will last approximately 40 minutes. A live audio webcast will be available, along with a replay archived for 30 days at investor.mastercard.com.

Mastercard has announced the launch of the Wildlife Impact Card program in collaboration with Conservation International to protect Critically Endangered species by enabling consumer contributions. Each card purchased will donate $1 to habitat protection efforts covering 40 million hectares of land and 4.5 million square kilometers of seascape by 2030. Initially available in the U.S. through Usio, the program includes virtual prepaid cards and physical cards made from 100% recycled materials. This initiative aligns with Mastercard's commitment to sustainability and biodiversity efforts.

Mastercard has launched the Wildlife Impact Card program in collaboration with Conservation International, aiming to protect critically endangered species and their habitats worldwide. For every card purchased, $1 will be donated to conservation efforts targeting 40 million hectares of landscape and 4.5 million square kilometers of seascape by 2030. The program is available globally, with initial offerings in the U.S. through Usio. The cards are available in virtual formats now and physical cards made from 100% recycled materials will be available this summer.

Mastercard (NYSE: MA) will attend two virtual investor conferences in June. CEO Michael Miebach will present at the Bernstein Strategic Decisions Conference on June 2 at 11:00 a.m. ET for about 50 minutes. On June 3, Linda Kirkpatrick, President of North America, will speak at the William Blair Growth Stock Conference starting at 9:40 a.m. ET, lasting approximately 30 minutes. Live webcasts of both discussions will be available, with recordings archived for 30 days at investor.mastercard.com.