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Mastercard shifts tech hub to Sydney

Payment cards giant Mastercard has moved to shift a significant portion of its research and development work to Sydney, announcing today it will combine a new ‘global tech hub’ with its corporate and operations offices in St Leonards.

The launch of the new facility, which will house more than 550 Mastercard employees, comes as card schemes try to keep up with local bank investments in various fintech ventures that are increasingly being run out of state government supported start-up hubs like Stone and Chalk.

Mastercard certainly isn’t sparing the optics, ropin…
Technology News

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