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Home > Company Index > Financial Services > Consumer Loans > MasterCard International Incorporated
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MasterCard International Incorporated |
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NEWS FROM THE STANDARD |
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Credit Risk
Nov 01 1999 12:00 AM PST
DoJ Sues Visa, MasterCard for Delaying Smart-Card Growth
Oct 08 1998 12:00 AM PDT
Agency.com Merges with Eagle River
Aug 03 1998 12:00 AM PDT
C2B Riding the Next Online Shopping Wave?
Jul 28 1998 12:00 AM PDT
Swing Your Partners
Jul 10 1998 12:00 AM PDT
PROFILE |
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Surpassing Visa in market share -- now that would be priceless. MasterCard International is the US's #2 payment system and is owned by its more than 20,000 financial institution members worldwide. The company provides marketing, approval, and transaction processing services for its payment products, including branded MasterCard credit and debit and Maestro debit cards. It is also promoting Mondex chip-based smart cards (it owns 51% of Mondex). MasterCard also operates the Cirrus ATM network. To gain market share from Visa, the company plans to merge with Europay, its European counterpart; the combined entity will boast the world's largest debit card network but would still be #2 to Visa in credit cards.
COMPETITION |
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American Express Company (AXP)
Morgan Stanley Dean Witter & Co. (MWD)
Visa International (dossier)
DEALS |
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Deal: MasterCard to Acquire Mondex
Date Announced: 06.01.01
Value of transaction (US $Mil): Not Disclosed
Description: Pending shareholder approval, electronic cash company Mondex will be acquired by MasterCard International.
> Search all deals for this company
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 1,450.00
1-Yr. Sales Growth: 3.6%
Employees: 2,700
Revenue per employee: $537,037.04
KEY PEOPLE |
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Robert W. Selander
CEO
Denise K. Fletcher
CFO
CONTACT INFO |
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2000 Purchase St.
Purchase, NY 10577
US
Phone: 914-249-2000
Fax: 914-249-4206
Online: Web Site
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