Mastercard has opened its European Technology Hub in Dublin and staff based at the centre will develop payments security, application programming interfaces and emerging technologies.
Mastercard launched its operations in Dublin in 2008 with 36 staff and once the new hub is fully staffed by 2025, it will increase the company’s Dublin workforce from 975 to 2,000.
Ed McLaughlin, president of Mastercard operations and technology said that the tech hub is part of Mastercard’s Future of Work initiative, which focuses on how, where and when employees collaborate.
“More than ever, there is a need for flexibility so that employees can more easily manage their work and personal lives, especially during the transition back to in-person work. New or updated policies have been introduced to help employees reset and strengthen their relationships through the development of new technologies, which bring together the digital and human worlds, so that employees can work collaboratively wherever they are”, McLaughlin said.