Mastercard Launches Intelligence Platform For Financial Strategies

Payment processing giant Mastercard launched its Global Treasury Intelligence platform this month, which aims to provide businesses and governments with more visibility into payment flows. 

The cloud-based intelligence platform has many use cases and leverages the wealth of data Mastercard has on payments, which it has gathered as the second largest payment-processing corporation in the world behind Visa. 

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With the intelligence platform, businesses are able to see all key payment metrics in a unified dashboard. For company treasurers, this allows them to analyze the benefits and drawbacks changing invoice dates, frequency, or payment type. Operations managers can identify risks by analyzing spend patterns. To better understand supply chain risks, Mastercard has integrated KYS (know your supplier) and ESG ratings into the platform. 

Through the standardization of all data sources, Mastercard hopes to deliver an integrated solution that can be utilized by all employees in an organization.

“The health of the business does not sit in just one team or silo. With Global Treasury Intelligence, we are providing the broad, interconnected views our customers need to make smarter decisions with better outcomes across their enterprises,” said Raj Seshadri, president of Data & Services at Mastercard. “This solution is a powerful addition to our suite of insights and analytics services. The insights it offers will help our customers to realize the full value of innovative Mastercard solutions such as Track BPS and Mastercard Instant Pay.”

Mastercard built the intelligence platform in partnership with AI-powered analytics engine Robobai, which is already partnered with organizations such as Accenture, Deloitte, and PwC. One of Robobai’s goals is to move businesses off spreadsheets for forecasting, and into real-time data solutions that more accurately visualize company flows. 

“HSBC is an early adopter of Mastercard’s Global Treasury Intelligence because of the insights it gives us into the needs of our clients. By unlocking this data-driven collaboration with our customers, we see how to best help them achieve their goals for treasury,” said Brian Tomkins, global head of commercial cards at HSBC.