Mastercard, a publicly owned company founded in 1966 and headquartered in the U.S., employs approximately 29,680 people. Its primary business is providing IT services and consulting related to global payment processing.
A pilot program launched in collaboration with Volvo Cars and the North Carolina Turnpike Authority explores automated toll payment options without transponders. This initiative uses technology that may change how toll payments are processed. Separately, the use of AI algorithms to analyze data and provide data-driven insights for financial decision-making was discussed. There is no apparent connection between these two news items.
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