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Non-Tech : Mastercard
MA 551.51-0.3%Nov 7 9:30 AM EST

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From: JakeStraw6/11/2014 9:36:32 AM
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MasterCard expects big growth from 'big data' insights
finance.yahoo.com

MasterCard Inc, the world's second-largest debit and credit card company, sees business booming from selling data to retailers, banks and governments on spending patterns found in the payments it processes, a top executive told Reuters.

MasterCard, which handles payments for 2 billion cardholders and tens of millions of merchants, uses that information to generate real-time data on consumer trends, available more quickly that regular government statistics.
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