Mastercard Launches Intelligence Platform For Financial Strategies

Mastercard has introduced the Treasury Information Platform, which aims to provide companies with greater insight into payment flows.

Payment processing giant Mastercard this month launched its Global Treasury Intelligence platform, which aims to provide companies and governments with greater clarity on payment flows.

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

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With the intelligence platform, companies can see all key payment metrics in a single dashboard. It allows company cashiers to analyze the pros and cons of changing invoice dates, frequency or payment method. Operations managers can identify risks by analyzing spending patterns. To better understand supply chain risks, Mastercard has integrated KYS (Know Your Supplier) and ESG ratings into the platform.

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By standardizing all data sources, Mastercard hopes to provide an integrated solution that can be used by everyone in the organization.

“The health of a company is not just about one team or silo. With Global Treasury Intelligence, we provide the broad, interconnected insights our customers need to make smarter decisions with better results across their businesses,” said Raj Seshadri, president of data and 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 fully realize the value of innovative Mastercard solutions such as Track BPS and Mastercard Instant Pay.

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Mastercard created the intelligence platform in partnership with AI-powered analytics engine Robobai, which already works with organizations such as Accenture, Deloitte and PwC. One of Robobai’s goals is to move companies away from forecasting spreadsheets and toward real-time data solutions that more accurately visualize business flows.

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“HSBC is an early adopter of Mastercard Global Treasury Intelligence because it gives us insight into our customers’ needs. By opening up this data-driven collaboration with our customers, we see how we can best help them achieve their cashier goals,” said Brian Tomkins, Global Head of Commercial Cards at HSBC.



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