Mastercard announced a leadership reshuffle effective August 3, with Ling Hai, president of Asia Pacific, Europe, Middle East, and Africa, named as the new CFO, replacing Sachin Mehra who will become chief business officer. Other leadership changes include Linda Kirkpatrick and Dimi Dosis taking new roles, while Vice Chair Tim Murphy plans to retire in October. Despite these changes, Mastercard's stock remains under pressure, trading near the lower end of its 52-week range and showing weak technical momentum. The company is expected to report earnings on July 30, with analysts maintaining a Buy rating but lowering price targets. The leadership updates aim to strengthen customer engagement and growth execution amid challenging market conditions.
In the first half of 2026, smart beta strategies showed mixed results, with momentum and low-volatility funds lagging, while dividend growth funds struggled due to rising yields. However, funds emphasizing companies with strong free cash flow and hig...
Worldline, ING, and Mastercard have successfully completed Europe's first live end-to-end agentic payment transaction, demonstrating a secure, consumer-approved AI agent payment across multiple European markets. The transaction involved an ING cardho...
In fiscal year 2025, Visa processed 257.5 billion transactions totaling $13.9 trillion in payment volume, a 7% increase from the previous year. Mastercard reported a $10.6 trillion payment volume, growing 8% year-over-year, driven by its higher expos...
