About
Mastercard Incorporated is a financial services corporation. Its principal business is to process payments between the banks of merchants and the card-issuing banks or credit unions of the purchasers who use the "Mastercard" brand debit, credit and prepaid cards to make purchases.
In 2020, Mastercard acquired Cytegic, an Israeli-based startup that develops cyber-risk management solutions. The local team in Israel continues to develop the product under Mastercard's Data and Services division. In 2021, Mastercard also acquired Dynamic Yield from McDonald's Corporation and integrated it into its R&D Center. Additionally, Mastercard and Enel X established a fintech-cybersecurity laboratory in Be'er Sheva
Company Intelligence Q&A
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- When did Mastercard become a publicly traded company and on which exchange?
- Mastercard went public in May 2006, listing on the NYSE.
- What was Mastercard's first acquisition of an Israeli startup?
- In 2020, Mastercard acquired Cytegic, an Israeli startup specializing in cyber-risk management solutions. The local team in Israel continues to develop the product under Mastercard's Data and Services division.
- Which company did Mastercard acquire in 2021 and what was its previous owner?
- In 2021, Mastercard acquired Dynamic Yield from McDonald's Corporation and integrated it into its R&D Center.
- What joint venture did Mastercard establish in Be'er Sheva, Israel?
- Mastercard and Enel X established a fintech-cybersecurity laboratory in Be'er Sheva. This initiative received $3.7 million in state funding in May 2020.
- When did Mastercard establish its presence in Israel?
- Mastercard has had a presence in Israel since May 2020.
- Which Israeli company partnered with Mastercard in September 2020?
- In September 2020, Israel's Jifiti signed a strategic partnership agreement with Mastercard.
- Which Israeli company was selected for Mastercard's Start Path global program in August 2020?
- In August 2020, Israel's vCita was selected to participate in Mastercard's Start Path global program.
- What research did Cyberwrite conduct for Mastercard regarding cyber-attacks in Israel?
- In February 2020, Cyberwrite Research for Mastercard indicated that cyber-attacks on Israeli local municipalities could lead to aggregated damages of 4.5 billion ILS.