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The Economic Costs of Structural Racism Are Too High to Ignore

Blog

By Marla Blow, Senior Vice President of Social Impact, North America, Mastercard Center for Inclusive Growth

Inclusive growth ensures that the benefits of a growing economy extend to all segments of society, and research suggests that productivity is determined less by a person's skills and abilities, and more by their access to the vital networks that power the modern economy. But access to these physical, virtual and social networks is not equally available, and Black people have been deliberately excluded from these networks.

Mastercard Pledges $500 million to Help Close Racial Wealth and Opportunity Gap for Black Communities Across America

Press Release

Furthering longstanding financial inclusion efforts to bring more people and small businesses into the digital economy, the company will bring equitable financial tools, investment and partnerships to cities across the U.S.

How Mastercard is Making a Difference

The 2019 Mastercard Corporate Sustainability Report outlines the company's progress towards building a more inclusive and sustainable digital economy. Looking ahead, our commitment is only growing.
Blog

Mastercard Delivering on “Doing Well by Doing Good”

Annual Sustainability Report Focuses on Action, Impact on Society, Economy and Planet
Press Release

Mastercard has released its 2019 Sustainability Report outlining its progress towards building a more inclusive and sustainable digital economy. The report charts impact and progress against four areas: Inclusive Growth; Our People and Culture; Environmental Stewardship; and Ethical and Responsible Standards.

Where the Vulnerable Jobs Are in U.S. Cities

A new tool from Brookings' researchers provides a snapshot of the low-wage/no benefits job market in 380 cities and all 50 states to guide public and private sectors in rebuilding.
Blog

This article originally appeared on The Mastercard Center for Inclusive Growth

The crux: As COVID-19 disrupts local economies, cities and states are assessing the impact on workers and strategizing how to rebuild more equitably. Minimizing the number of low-wage, no-benefits jobs will be a priority. A new tool can help.

Lessons in Expanding Digital Payments to Remote Communities in Mexico and Colombia

COVID-19 is making digital payments more appealing and presents an opportunity to bring financial services to more small businesses and the Café Paga Project shows how
Blog

By: Franz Gomez and Alejandra Montes Saénz    

Reimagining Merchant Training in Colombia

How Financial Services Providers used interactive mobile messaging to help thousands of MSMEs grow
Blog

Micro and small merchant training is a critical undertaking in developing nations where these businesses are the biggest drivers of economic growth and job creation.

However, massive gaps in business management skills and financial literacy are limiting their potential. In an ideal world without resource constraints, all merchants would have access to in-person training programs, with dedicated instructors helping them learn and implement best practices.

Seizing the Moment to Advance Data for Social Impact

COVID-19 is accelerating nonprofits' work and data science is stepping up to help
Blog

The coronavirus pandemic has amplified the power of data science for social impact in many ways, from helping to deliver school lunch stipends to parents after schools closed to using technology to make accessing critical safety net programs more streamlined and user-friendly.

Digital Equity, More Urgent Than Ever

Experts discuss overcoming racial and geographic disparities in a post-pandemic world
Blog

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