Mastercard Shares Jump on Earnings Beat as AI and Stablecoin Efforts Expand
Mastercard’s latest quarterly earnings point to continued investment in artificial intelligence, cryptocurrency and fraud detection, according to Barron’s.
By Mariapaula GonzalezCredit-card companies have evolved far beyond their core lending businesses into areas targeting artificial intelligence, cryptocurrency, and fraud detection. Mastercard's latest quarterly earnings provided clear evidence that its bet on those areas won't be slowing down anyti…