Today we’re talking to Ed McLaughlin, President & Chief Technology Officer, Mastercard. We discuss the ethos that allows for sustainable economic development, how Mastercard makes fraud scoring more precise, and why Ed thinks multitasking isn’t worth it.
All of this right here, right now, on the Modern CTO Podcast!
For more about MasterCard, check out their website here.
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Produced by ProSeries Media.
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About Ed McLaughlin
I am President & CTO of Mastercard Technology and a member of the company’s management committee. In this role, I oversee all the company’s technology functions. This includes the global payments network, enterprise platforms, technology infrastructure and operations, information security and our global technology hubs.
Prior to this role, I served as Chief Information Officer, directing the development of Mastercard products and services.
In 2010, I was named chief emerging payments officer, leading the development and launch of the company’s digital strategy, partnerships and platforms, including Mastercard Send and Mastercard Digital Enablement System (MDES), the digital token program. I joined Mastercard in 2005 as head of Bill Pay and Healthcare, and was Chief Franchise Officer between 2008 and 2010, where I was responsible for the Mastercard global rules, licensing, brand standards and compliance programs.
Prior to joining Mastercard, I was group Vice President, products and strategy at Metavante (now FIS), a global Fintech that supports issuing and acquiring processing services, prepaid program management, the NYCE debit network, ACH processing and other services.
I joined Metavante in 2002 through their acquisition of Paytrust, an online payments company for which he was co-founder and CEO. Prior to co-founding Paytrust, I was the executive Vice President of product and marketing at LogicWorks, Inc., a data modeling company.
I am a graduate of the University of Pennsylvania, Wharton School of Business and in 2018 completed the AI: Implications for Business Strategy Executive Program at Massachusetts Institute of Technology (MIT). I am also a member of the Harvard Kennedy Business School’s Council on the Responsible Use of Artificial. In 2019, I was awarded the Forbes CIO Innovation Award.
Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.