Mastercard is adding 175 new staff to its Mastercard Labs in Ireland. The unit focuses on payment innovation. The team is exploring a range of blockchain solutions but also deals with augmented reality, chatbots, AI and secure payments.
The hiring drive will significantly increase the headcount as the Dublin office currently has 380 staff. The Labs headquarters are based at the MountainView business park in Leopardstown, no doubt named after the Silicon Valley suburb.
In October last year, Mastercard opened access to the Mastercard blockchain API. Initially, the API is only available to financial institutions and merchants on a selective basis to start testing the technology.
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