At FI2020, MasterCard president and CEO Ajay Banga was noted as saying, “Innovation in technology is helping governments strengthen the social contract with citizens. But technology alone cannot change the lives of those currently excluded from the financial mainstream – we need public private partnerships. This year alone, MasterCard launched more than ten programs around the world which are designed to bring financial access to over 350 million people.” Visit the MasterCard Engagement Bureau for more.
MasterCard president and CEO Ajay Banga and Accion CEO Michael Schlein at the FI2020 Global Forum discuss what it will take to reach full financial inclusion by 2020 (Photo: Business Wire)About MasterCard MasterCard (NYSE: MA), www.mastercard.com, is a technology company in the global payments industry. We operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard’s products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter @MasterCardNews , join the discussion on the Cashless Pioneers Blog and subscribe for the latest news on the Engagement Bureau.