Mastercard Expands Consulting with Practices Dedicated to Crypto, Open Banking and ESG

Mastercard today announced that it is expanding its preeminent payments-focused consulting service with new practices dedicated to Open Banking, Open Data, Crypto & Digital Currencies, and Environment, Social & Governance (ESG).

For more than two decades, consulting has been a key part of Mastercard’s customer engagements, whether designing multi-rail payments strategies or advising on data governance opportunities. Today, Mastercard’s Data & Services includes more than 2,000 data scientists, engineers and consultants, serving customers in 70 countries around the world. As part of growth plans, Data & Services—a talent incubator for the broader company—is expanding its team at pace, including the addition of more than 500 college graduates and young professionals.

“Payments are just the beginning,” says Raj Seshadri, president of Data & Services, Mastercard. “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.”

With these new practice groups, Mastercard will continue delivering an integrated approach that draws on world-class thinking, services and tools and assets—such as Ciphertrace, Finicity and Aiia, Cyber Quant and the Priceless Planet Coalition—to drive smarter decisions with better outcomes across a customer’s entire business.