American Express Could Be The Model For The New MasterCard

摘要

Banks have controlled Visa and MasterCard since their birth. But once MasterCard follows through on its plans to become a public company that could change. And Visa may well follow MasterCard's lead. How will the planned change in ownership structure affect MasterCard's strategy for smart cards and other new technologies? Experts fall into two camps. Some say MasterCard will pull back from new technologies unless they are sure to produce short-term profit, while others argue that a publicly held company will be more nimble and innovative as it strives to differentiate its product from competitors.