The latest reports indicate that MasterCard is expanding its consulting services with new practices that are dedicated to open data, digital currencies and crypto, open banking, and ESG.
MasterCard has been providing consulting services for more than 20 years, with Data & Services building up a team of over 2000 data scientists, engineers, and consultants, who serve clients in 70 countries globally.
With these new practices, the payments giant appears to be growing the Data and Services team, adding at least 500 college graduates and young professionals. All of these new practices are in the areas where MasterCard has been hugely investing in recently as it aims to go beyond its core payments business and embrace the wider fintech space.
The president of Data & Services at MasterCard, Raj Seshadri, explained:
“Over the past 20 years, we’ve worked with our customers across banking, fintech, retail, travel, and other sectors, helping them understand and navigate every challenge and opportunity thrown their way.
This evolution of consulting is in recognition of the changing world and of our changing business. It’s about helping customers navigate today’s challenges and anticipating what’s next.”