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Mastercard

Mastercard Inc. is an American multinational financial services corporation headquartered in the Mastercard International Global Headquarters in Purchase, New York.1)

History

On December 11, 2018, Mastercard and Gavi, the Vaccine Alliance announced a partnership to increase immunization rates in five countries by introducing “a card with a digital immunization record, to each participating child’s caregiver.” The program, called the Mastercard Wellness Pass, was described as “a digital birth certificate” and “a credit card,” and is linked to the parents' phone number.

On June 7, 2019, Mastercard launched their Mastercard Digital Wellness program to “enhance transparency, security and choice for online shopping.” This included integrations with EMVco for online checkout capabilities and NuData, a subsidiary of Mastercard focused on artificial intelligence.

COVID-19

On March 10, 2020, Mastercard joined the Bill & Melinda Gates Foundation and Wellcome Trust in committing up to $125 million towards the creation of the COVID-19 Therapeutics Accelerator.

On June 3, 2020, Gavi announced that Mastercard would “adapt its Wellness Pass solution for the COVID-19 response.” On June 26, Mastercard revealed that Trust Stamp was “working with Mastercard to integrate its digital identity capabilities” into the Wellness Pass, which was preparing to launch alongside Gavi in West Africa.2)

Organization

Mastercard is a partner organization of the World Economic Forum.3)

The company's top three shareholders as of January 18, 2022 are Vanguard, BlackRock and State Street. Morgan Stanley and JP Morgan Chase are also in the top 10.4)

1)
Mastercard Incorporated Reports Fourth-Quarter and Full-Year 2016 Financial Results. (2017, January 31). MasterCard Social Newsroom. https://archive.ph/IVLCY
2)
Kloberdanz, K. (2020, June 26). Signed, Sealed, Encrypted: This Digital ID Is All Yours. Mastercard. http://archive.today/2020.08.17-154435/https://mastercardcontentexchange.com/perspectives/2020/signed-sealed-encrypted-this-digital-id-is-all-yours/
3)
Mastercard. World Economic Forum. Retrieved January 18, 2022, from https://archive.ph/uWiOP
4)
Mastercard Incorporated (MA) Stock Major Holders. Yahoo! Finance. Retrieved January 18, 2022, from https://archive.ph/OdFZ1
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