MASTERCARD
Scott Abrahams , SVP , Business Development & FinTech , UKI , describes Mastercard is pushing the boundaries of payments , innovation , and financial inclusion
Ever since the company was founded in 1966 as ‘ Interbank Card Association ’ and later rebranded to its current name in 1979 , Mastercard has steadily become one of the most ubiquitous and far-reaching payments solution providers globally . Indeed , some might consider that there could be few worlds left to conquer for this financial services mainstay . However , finance is not a static world , and Mastercard is aware of this fact .
Never resting on its laurels , the company is continually striving not just for its own innovation but the development of tomorrow ’ s disruptors : fintechs . “ What ' s fascinating about Mastercard is that it allows you to bring together everything in payments , but also elevate it to the next level ,” says Scott Abrahams , Senior Vice President , Business Development & FinTech , UK and Ireland , at Mastercard . As the events of the COVID-19 pandemic have already demonstrated , relying on the same payments infrastructure is untenable , and customers have been set on a new path towards unprecedented digital adoption . This , he states , is his primary focus , “ The next big thing in payments will be the consideration of how the payment ecosystem is going to evolve and meet customer needs .”
26 August 2021