Artificial intelligence (AI) is seemingly everywhere, while the macroeconomic environment is constantly in flux. With those things in mind, Mastercard has expanded its consulting business to include practices dealing with AI and economics, the payments giant announced Monday (Oct. 23), while also enhancing Digital Labs, its business transformation service....
High inflation and interest rates are affecting groups in different ways. The Mastercard Economics Institute said in its Economic Outlook 2023, which was released Thursday (Dec. 8), that these and other factors in the global economy having a variety of impacts on countries, companies and...
Consumers are expected to spend 7.1% more on retail goods during this year’s holiday season than they did last year, according to the Mastercard SpendingPulse annual holiday forecast. According to a Monday (Sept. 12) press release, the Mastercard Economics Institute said the growth in retail...
In 2020, eCommerce spending increased by $900 billion, according to Mastercard’s newest Recovery Insights report, Recovery Insights: Commerce E-volution, published today (April 6). Online shopping acted as a “lifeline” for small and large businesses, restaurants and retailers as the COVID-19 pandemic interrupted — and halted...
November 29, 2023
Mastercard has named Michelle Meyer as its chief economist and head of its think tank. In running the Mastercard Economics Institute, Meyer and her team will be responsible for delivering economic, financial policy and market thought leadership, the company said in a news release Wednesday (Nov. 29). “The Mastercard Economics Institute helps businesses make sense of the macroeconomic climate and […]
October 23, 2023
Artificial intelligence (AI) is seemingly everywhere, while the macroeconomic environment is constantly in flux. With those things in mind, Mastercard has expanded its consulting business to include practices dealing with AI and...
December 08, 2022
High inflation and interest rates are affecting groups in different ways. The Mastercard Economics Institute said in its Economic Outlook 2023, which was released Thursday (Dec. 8), that these and...
September 12, 2022
Consumers are expected to spend 7.1% more on retail goods during this year’s holiday season than they did last year, according to the Mastercard SpendingPulse annual holiday forecast. According to...
