MasterCard // Innovation Labs

MasterCard has a reputation based on stability and security - which doesn’t play well with the process of innovation. That’s why MasterCard Innovation Labs was built. It serves to be a space where employees can safely work on innovative new ideas. Labs is charged with looking ahead to market opportunities, taking risks, failing smart, quick, cheap, and learning something along the way. The products developed at the lab are ideally shared with the broader MasterCard organization.

Leaders:  Ajay Banga (CEO), John Sheldon (Global SVP Innovation Management), Garry Lyons (CIO)

Learn More: Inside the Lab | How MasterCard Became a Tech Company | Innovation Express