Mastercard Incorporated Stock Price, News & Analysis

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.

Mastercard has partnered with the National Women’s Soccer League (NWSL) to enhance fan experiences in women's soccer. This collaboration features NWSL star Crystal Dunn as a brand ambassador. The VIP Game Day Experience will offer fans premium access to matches and special perks. Mastercard aims to promote diversity and inclusion through initiatives like the Girls4Tech™ program. The partnership reflects Mastercard's ongoing commitment to women's sports, building on its extensive portfolio that includes various female athletes and competitions globally.

U.S. retail sales saw significant growth in April, with a 23.3% year-over-year increase excluding automotive and gasoline. Online sales rose 19.9%, contributing to a total e-commerce share of 21.6% in retail spending. Notably, restaurant sales surged 118.8% compared to 2020 and 5.7%202.7% and 255% year-over-year, respectively. The growth is attributed to factors including stimulus payments and pent-up consumer demand.

Mastercard (NYSE: MA) announced that CFO Sachin Mehra will present at the virtual J.P. Morgan Global Technology, Media & Communications Conference on May 24 at 9:30 a.m. ET, lasting approximately 35 minutes. The presentation will be available via a live audio webcast, with a replay accessible for 30 days thereafter. Mastercard is committed to fostering an inclusive digital economy through secure transactions, leveraging its extensive global connections across over 210 countries.

The Mastercard New Payments Index reveals that 93% of consumers worldwide are open to using emerging payment methods like cryptocurrency and QR codes in the next year. The pandemic has prompted 63% of respondents to try new payment technologies. Contactless payments have surged, with 1 billion more transactions in Q1 2021 compared to the previous year. Notably, 71% of consumers expect to use cash less. The report emphasizes businesses must adapt to consumer demand for diverse payment options to thrive in a rapidly evolving digital economy.