2025
Michael Miebach said Mastercard's network handled about 160 billion transactions in the prior year.
“Uh, last year, we were about 160 billion transactions through our network, so it does provide quite a unique view.”
Topic
Michael Miebach
10 facts from 1 episode, in date order. These are what speakers said on the shows, each linked to the moment it was said. They aren't independently verified.
2025
Michael Miebach said about half of the 3.9% holiday growth came from price increases.
“you were to say, is that inflation? No, it's about half is price increases, so pretty tame.”
2030
Michael Miebach cited predictions of about $15 trillion in fraud by 2030.
“There's predictions that when you look up to twenty thirty that, you know, it's about 15 trillion of fraud out there by twenty thirty.”
Undated
Michael Miebach said contactless payment took about ten years to reach its current level of adoption.
“It took ten years for, uh, contactless to get what it is today.”
Undated
Tokenization replaces card data with a one-time code usable only for a single transaction, as described by Michael Miebach.
“So you take your card data and you turn it into a one-time code that can only be used for that transaction.”
Undated
Michael Miebach said Mastercard invested roughly $11 billion in safety and security over six years.
“we've invested, I think, over the last, uh, six years, like $11 billion into our safety and security.”
Undated
Michael Miebach said Mastercard Threat Intelligence saved $150 million in fraud during early testing.
“We saved $150 million in fraud.”
Undated
Michael Miebach said Mastercard applies about 19 million rules to clean its data before extracting insights.
“We have like 19 million rules that we apply to sanitize our data and then start to extract insights from that.”
Undated
Michael Miebach said Mastercard Agent Pay addresses verifying that an AI agent is the accredited agent it claims to be.
“And that's problem number one to be solved, which we have solved, is Mastercard agent pay.”
Undated
Michael Miebach said financial services in Africa are mostly delivered through phone companies, which are Mastercard partners.
“In Africa, most of, uh, financial services are driven through, uh, the phone companies and they those are our partners.”
Episodes