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Projects: Data Analysis



MasterCard Tools Up Data Handling



By Tom Steinert-Threlkeld

  Table of Contents:
  1. MasterCard Tools Up Data Handling
  2. ' Mastering Data '
  3. ' Playing for Percentages '
  4. ' Six'
  5. ' Mastercard Base Case '

Mastercard thinks it can catch up to Visa. Its latest weapon: analytical tools it develops for credit card issuers.

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MasterCard Tools Up Data Handling - ' Mastercard Base Case '


( Page 5 of 5 )

Mastercard Base Case

Headquarters: 2000 Purchase Street, Purchase, NY 10577

Phone: (914) 249-2000

Business: Association of banks that issue charge cards, marketer of credit and debit card brands, provider of transaction network

Chief Information Officer: Jerry McElhatton, senior executive vice president, global technology and operations

Financials: $1.5 billion in revenue, $118.1 million in net income; 7.5% net profit margin, all 2000. $986 billion in transaction volume, 2001

Challenge: Find ways to turn managers of credit card portfolios at small, medium and large banks into "preferred partners,'' pushing MasterCard brand products instead of Visa brand

BASELINE GOALS:

  • Improve market share, from 31.6% of credit card business
  • Store 36 months of transaction data from all members, on a rolling basis
  • Increase daily volume, beyond 30 million transactions a day
  • Beat current annual growth rate of 17.6% in dollar volume of transactions handled


 
 
>>> More Projects: Data Analysis Articles          >>> More By Tom Steinert-Threlkeld
 


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