Mastercard aims to raise its headcount in Singapore from over 850 employees to more than 1,000 by the end of 2029. The expansion aligns with the opening of its 7,200-square-foot Asia-Pacific Innovation Centre of Excellence at DUO Tower. This newly launched hub will integrate four distinct units to partner with financial institutions, tech firms, and governments on fraud prevention and digital commerce.
Key points
Mastercard is scaling its Asia-Pacific headquarters to drive regional advancements in pay…: Mastercard is scaling its Asia-Pacific headquarters to drive regional advancements in payments, data, and responsible artificial intelligence.
The new innovation hub will design fraud detection and digital commerce applications for…: The new innovation hub will design fraud detection and digital commerce applications for more than 40 regional markets.
Government leadership highlighted that the initiative will generate specialized positions…: Government leadership highlighted that the initiative will generate specialized positions in data science, artificial intelligence engineering, and cybersecurity.
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- Mastercard will hire 250 more staff in Singapore by end-2029, lifting its office to over 1,000 people and strengthening its Asia-Pacific support role.
- It opened its first Asia-Pacific Innovation Centre of Excellence in Singapore, with more than 55 staff working on AI, cybersecurity, customer experience and rapid prototyping.
- The centre will develop commerce, fraud and scam prevention tools for more than 40 regional markets, while helping grow local talent and Singapore’s digital economy.
AI generated
SINGAPORE – Mastercard plans to hire 250 more people for its Asia-Pacific headquarters in Singapore by the end of 2029, the global payments company said on Nov 12.
With more than 850 employees now, the additional hires are expected to bring its workforce to over 1,000 in the Singapore office, which the American multinational corporation considers a “key market support centre for the region”.
“This growth will deepen the expertise needed to shape a more intelligent, connected and secure future for commerce,” the company said.
It added that the increased headcount will be for roles to “advance responsible AI, trusted digital commerce,…
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