April 16, 2014 3:27 PM ET

Consumer Finance

Company Overview of MasterCard International Inc.

Company Overview

MasterCard International Inc., doing business as MasterCard Worldwide, provides payment processing products and solutions, and related consulting services for consumers and businesses in the United States and internationally. It offers credit, debit, prepaid, personal, commercial, chip, and contactless cards; and loyalty and reward solutions, and cardholder benefits and services. The company also provides payment processing solutions; and payment security and fraud management solution to monitor, detect, and fight fraud through the transaction lifecycle. In addition, it offers payments-focused consulting, information, and outsourcing services to financial institutions and merchants. Further,...

2000 Purchase Street

Purchase, NY 10577-2509

United States

Founded in 1966

Phone:

914-249-6524

Fax:

914-249-4206

Key Executives for MasterCard International Inc.

Chief Executive Officer
Age: 53
President of Global Technology & Operations
Age: 57
Chief Executive Officer of Mobile Payments Gateway
India Country Head and Division President of South Asia
President of North America and Member of Policy Committee
Age: 54
Compensation as of Fiscal Year 2013.

MasterCard International Inc. Key Developments

Expert Witness Provides Key Evidence for SmartMetric's Patent Infringement Suit against Visa & MasterCard International

SmartMetric Inc. announced that an expert witness has provided key evidence in support of the Company's patent infringement suit against Visa Inc. and MasterCard International. Edward Gussin, an expert witness who specializes in electrical engineering, provided testimony that documents submitted to the court by Visa and MasterCard in their own defense, directly show they infringed. Gussin identifies Defendants' own documents, produced by Defendants in this case, which show that Defendants' EMVsystems contain all 6 elements in SmartMetric's independent claims 1 and 14.

SmartMetric Inc. Files Opening Brief in Court in its Patent Infringement Lawsuit Against Visa Inc. & Mastercard International Claiming $13.4 Billion

SmartMetric Inc. announced that on December the 23, 2013 it filed in the federal circuit court its opening brief in its continuation of the SmartMetric patent infringement litigation against Visa Inc. and MasterCard International. SmartMetric is asking the court to find against the defendants actual infringement and is seeking the court to rule that royalty and damages should be clearly based on the economic value of the use of the patented technology in fraud savings by the defendants, Visa and MasterCard. SmartMetric is claiming $13.4 billion in damages and pre-paid royalties based on the economic value of savings in fraud as a direct result of the use of the SmartMetric technology as detailed in its issued patent.

DHgate.com Announces Cooperative Agreement with MasterCard International Inc

DHgate.com and MasterCard International Inc. have inked cooperative agreement, reaching consensus to form long-term strategic cooperation in brand, technology and marketing.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 3, 2013
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