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MarketScreener Homepage  >  Equities  >  Nyse  >  Mastercard Incorporated    MA

MASTERCARD INCORPORATED

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Mastercard : Microsoft collaborate on digital commerce

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07/28/2020 | 05:46pm EDT

Mastercard entered an agreement with Microsoft Corp. to collaborate on research and development of digital commerce, payments and emerging technologies using artificial intelligence and Microsoft Azure.

Microsoft will work with Mastercard Labs to accelerate emerging technologies and digital commerce platforms to help develop payments technologies and digital commerce to help startups.

"We are thrilled to deepen our longstanding relationship with Microsoft by advancing the research, development and scaling of new technologies and business models," Ken Moore, executive vice president and head of Mastercard Labs, said in a company release. "This strategic collaboration will strengthen and extend our cloud services and capabilities for clients and fintech partners, sparking innovation and creativity for the ecosystem."

Mastercard said that its Start Path program has assisted more than 230 fintech companies get off the ground.

Copyright © 2020 Networld Media. All rights reserved., source Industry News


Stocks mentioned in the article
ChangeLast1st jan.
MASTERCARD INCORPORATED -3.88% 316.73 Delayed Quote.10.39%
MICROSOFT CORPORATION -2.48% 210.9 Delayed Quote.37.11%
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Financials (USD)
Sales 2020 15 636 M - -
Net income 2020 6 600 M - -
Net Debt 2020 609 M - -
P/E ratio 2020 50,2x
Yield 2020 0,45%
Capitalization 330 B 330 B -
EV / Sales 2020 21,1x
EV / Sales 2021 17,8x
Nbr of Employees 18 600
Free-Float 62,6%
Chart MASTERCARD INCORPORATED
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Mastercard Incorporated Technical Analysis Chart | MA | US57636Q1040 | MarketScreener
Technical analysis trends MASTERCARD INCORPORATED
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 35
Average target price 362,31 $
Last Close Price 329,61 $
Spread / Highest target 25,9%
Spread / Average Target 9,92%
Spread / Lowest Target -17,5%
EPS Revisions
Managers
NameTitle
Ajaypal S. Banga Chief Executive Officer & Director
Michael E. Miebach President & Chief Executive Officer-Elect
Richard Neil Haythornthwaite Chairman
Edward McLaughlin President-Operations & Technology
Sachin J. Mehra Chief Financial Officer
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