Mastercard is increasingly able to create and introduce goods without relying solely on fees from card payments due to the growth of its open banking portfolio of tools. Real-time processing from Vocalink, cross-border payments via Transfast, bill payment through Transactis, and open banking via Finicity, are just a few of the resources being employed as a result of a series of highly strategic acquisitions.
How Mastercard Leans on Open Banking to Expand Its Technology
