Mastercard launched "Virtual C-Suite," an AI tool providing executive-level analysis to small and medium-sized enterprises (SMEs). The suite's first offering, Virtual CFO, integrates into existing accounting and banking software. This tool provides insights on cash flow and business performance.
Mastercard also introduced the "Global Commerce Suite" for SMEs in the Asia Pacific region. The platform debuts in Hong Kong to simplify cross-border payments. It features multi-currency support and real-time visibility.
Mastercard completed its first live AI-agent-initiated transaction during a pilot with Malaysian banks. This pilot utilizes new secure technology for AI-driven commerce.