Mastercard, a leading global payments and technology company, has announced the opening of its new Data & Services (D&S) Hub in Kuala Lumpur, Malaysia. The hub will serve clients across the Asia Pacific region, offering a suite of solutions beyond traditional transactions.
Mastercard’s D&S experts globally work with nearly 4,000 clients in over 120 countries, drawing on the company’s extensive expertise, data, and technology to offer solutions that cover everything from hyper-personalized loyalty programs to product prototyping to end-to-end marketing solutions that span the customer journey. Mastercard’s D&S Hubs are knowledge centers dedicated to this arm of the business and are located around the world. The new hub in Kuala Lumpur will build on the success of other hubs in Asia and globally, helping to support the organization in the provision of solutions to partners in the areas of cybersecurity, credit risk, and data analytics to help local clients and those across the region to scale and enable their businesses’ potential.
This launch reflects Mastercard’s commitment to bringing global expertise and innovation to the APAC region, as well as nurturing homegrown talent to thrive in the digital economy. The new hub will become part of a growing global team that includes thousands of data scientists, engineers, and consultants, and will support businesses and governments in Malaysia and the Asia Pacific region to make more data-driven decisions and optimize performance and profitability.
The launch event in Kuala Lumpur was attended by Fahmi Fadzil, Malaysia’s Minister of Communications and Digital, who expressed his support for the initiative. “Malaysia is committed to becoming a leader in shaping digitalization across APAC,” said Fadzil. “The launch of Mastercard’s Data & Services Hub in Kuala Lumpur is a very good opportunity for us to become a more integral part of the region’s digital landscape, while helping to strengthen our local talent pool in this increasingly important part of the digital economy. We look forward to building on our relationship with Mastercard to help create more mutually beneficial opportunities in the future.”
The launch of the D&S Hub follows the announcement in March of a partnership between Mastercard and Universiti Teknologi Malaysia (UTM) to build a Cyber Innovation Hub. Leveraging Mastercard’s cybersecurity expertise alongside UTM’s education infrastructure, the new facility will offer skills training and courses on cybersecurity-related fields to students and mid-career professionals, aiming to build a cyber-ready workforce and strengthen the country’s digital resilience.
In summary, Mastercard’s new Data & Services Hub in Kuala Lumpur reflects the company’s commitment to bringing global expertise and innovation to the Asia Pacific region, while nurturing homegrown talent to thrive in the digital economy. The hub will offer a suite of solutions to clients across the region, including cybersecurity, credit risk, and data analytics, and will also help to support local talent in these increasingly important areas of the digital economy.
10 May 2023