MasterCard CFO Has Confident, Upbeat Tone During William Blair Growth Stock Conference Presentation

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Below are the highlights from
Mastercard IncMA
's presentation at the
William Blair Growth Stock Conference
, published first (as headlines) in
Benzinga Pro
:
  • Growth Around The World, 'Not Super'
  • Commenting on BREXIT: Believes 'There Will Definitely Be an Impact on the Economy Were There to be a BREXIT'
  • Sees Visa Acquiring Visa Europe as a Positive for MasterCard as Believes Co. Becomes a 'Rational Competitor'
  • Co. Has Been Winning Business in Europe Despite Having Higher Prices Than Visa
  • Believes Co-Brand Space Will Get More Competitive; Did Best They Could To Get Costco Deal
  • Payments Industry Is Very Competitive Space, Price Is "very important"; Believes Co-Brand Space Will Get More Competitive; Did Best They Could To Get Costco Deal
  • Co is Winning Market Share in U.S.
  • Noted A Slowdown In Cross-Border Transactions Spent By Chinese, Despite Mastercard Growth In China
  • China Will Be Biggest Payments Market In The World, Will Be Very Important Country
  • New Regulations In China Made Market Entry Extremely Difficult
  • Future M&A Strategy Is For Very Defined Areas Like Processing
  • Co. Interested In Processing M&A Not Due To Margin, But As A Add-On To Services And Data Analytics
  • Second Area For M&A Is Information Services Business, Loyalty, And Fraud
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Posted In: NewsGuidanceM&AEventsExclusivesData Processing & Outsourced ServicesInformation TechnologyWilliam Blair Growth Stock Conference
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