MA · Earnings call · 2026Q3T · Full report

Cybersecurity and Fraud Solutions

Mastercard Inc · 2026-10-29 · Importance 24 · Surprise 42

Mastercard reported demand for security solutions spanning fraud, identity, and cybersecurity, and added fraud and identity wins with Standard Bank, Monzo, and Starling Bank. Starling extended its use of Fraud Rule Manager to respond faster to attacks, reduce false declines, and protect customers. Its newly launched Digital Risk Protection product serves nearly 800 enterprise customers after only a few months in market. Mastercard also combined RiskRecon and Recorded Future capabilities in an enhanced third-party-risk offering to help organizations identify and respond to risks.

Key facts

• Mastercard management said its cybersecurity business has been growing very fast and that it is not expecting a significant jump from one day to the other.
• Mastercard management said its security business entered the market about a decade ago and has significantly contributed to its growth rate for the past decade.
• Mastercard's Digital Risk Protection capability serves nearly 800 enterprise customers after only a few months in market.