"
Mastercard has already proven themselves to be true stewards of the League of Legends community.
Ted Rossman, an analyst with CreditCards.com, said
Mastercard is likely motivated to be viewed more as a "technology company" than a simple "card company."
Merchants that enable the click-to-pay standard with
Mastercard will automatically get access to an added layer of security through tokenization and NuData, a
Mastercard artificial intelligence and machine learning technology.
As card and digital payments grow the use of cash and personal checks decreases, a trend which could be called the "war on cash." Several catalysts are driving this war on cash, directly leading to higher use of the
Mastercard network, including e-commerce, mobile payments, and more acceptance of card and digital payment at physical points-of-sale.
Khalid Saad, CEO of Bahrain FinTech Bay, said: "Bahrain FinTech Bay continues to strategically grow its local and international ecosystem and the partnership with
Mastercard, one of the world's leading technology companies and most recognizable brands will go a long way in such growth.
Mastercard has one of the most recognizable brand logos in the world and people recognize it even without the name.
While
MasterCard branding may be changing, Dastoor says what the logo represents remains-and has remained-constant.
The
Mastercard melody is the foundation of the company's sound architecture and will extend to many assets, from musical scores, sound logos and ringtones, to hold music and point-of-sale acceptance sounds.
In addition, the company will showcase its new sonic brand at the
Mastercard Sensory Lab at Fred Segal, a one-of-a-kind space filled with interactive experiences and exclusive merchandise from Joe Freshgoods and KYLE that will engage visitorsaACAO senses and bring the brand to life in an entirely new way.
'Reinvention in the digital age calls for modern simplicity,' said Raja Rajamannar, chief marketing and communication officer at
Mastercard. 'And with more than 80 percent of people spontaneously recognizing the
Mastercard Symbol without the word '
mastercard,' we felt ready to take this next step in our brand evolution.
The interlocking red and yellow circles, referred to as the
Mastercard Symbol, will now stand on its own across cards using the red and yellow brand mark, acceptance marks at retail locations both in the physical and digital worlds, and major sponsorship properties.