Mastercard Incorporated (MA) Collaborates With Infosys

Mastercard Incorporated (NYSE:MA) is one of the Best Financial Stocks to Buy Right Now. On August 28, Mastercard Incorporated (NYSE:MA) announced its strategic collaboration with Infosys to enhance financial institutions’ access to Mastercard Move.

Under this partnership, both companies plan to integrate Mastercard Move with Infosys Finacle, a digital banking platform by Infosys subsidiary EdgeVerve Systems. The integration will enable quicker and less resource-intensive adoption of Mastercard Move’s cross-border payment solutions.

Mastercard Incorporated’s (NYSE:MA) Mastercard Move offers fast, secure money transfers domestically and internationally, covering over 200 countries and 150 currencies. The solution is expected to reduce processing time and costs while enhancing operational control, risk management, and liquidity.

Mastercard Incorporated (NYSE:MA) is a technology company in the global payments industry. It connects consumers, businesses, banks, and governments worldwide to enable secure and simple electronic payments.

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Disclosure: None. This article is originally published at Insider Monkey.