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home / articles / XLF - Mastercard Revamps Structure for Growth New Teams to Drive Core Payments and Services | Benzinga


XLF - Mastercard Revamps Structure for Growth New Teams to Drive Core Payments and Services | Benzinga

On Tuesday, Mastercard Inc (NYSE:MA) unveiled a strategic realignment of its teams to focus on Core Payments, Commercial and new Payment Flows, and Services. 

This organizational shift aims to hasten growth and enhance stakeholder value by speeding up execution and enriching partner and customer offerings

These leadership transitions are effective immediately, with the broader organizational changes beginning on May 1.

Also Read: Mastercard Targets Over a Billion Users in China – Joins with Alibaba’s Ant Group Affiliate Alipay for Instant Cross-Border Payments

Michael Miebach, the CEO, highlighted that the realignment aimed to bolster the company’s competitive edge, diversify revenue sources, and refine product and solution offerings.

Jorn Lambert ...

Full story available on Benzinga.com

Stock Information

Company Name: SPDR Select Sector Fund - Financial
Stock Symbol: XLF
Market: NYSE

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