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Mastercard Stuns Wall Street: AI-Powered Payments Surge as Consumers Keep Spending

Mastercard Stuns Wall Street: AI-Powered Payments Surge as Consumers Keep Spending

Published 4 months, 1 week ago
Description

Mastercard beat profit estimates this quarter as transaction volumes and cross-border spending stayed strong, signaling resilient consumer demand. The company credited AI-driven fraud prevention and booming digital payments for powering its earnings surprise.

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