Mastercard plans more than 250 specialist jobs in Singapore by end-2029
The payments company has also opened its first Asia-Pacific Innovation Centre of Excellence, bringing together partners to develop and test technology.
Mastercard plans to expand its Singapore workforce with more than 250 specialist positions by end-2029, the payments company said on Nov 12. The roles are intended to support responsible AI adoption, digital commerce and cybersecurity across the region.
Singapore serves as Mastercard’s Asia-Pacific headquarters and already employs more than 850 people. On Nov 12, the company also opened an Innovation Centre of Excellence spanning 7,200 square feet, its first such facility in Asia-Pacific.
The centre will enable banks, merchants, governments and technology companies to jointly develop and test solutions. Its work will cover AI, cybersecurity, customer experience and rapid prototyping.
Four dedicated spaces make up the facility:
- The AI Centre of Excellence will focus on responsible AI for digital commerce, with applications including agentic commerce and the prevention of fraud and scams.
- The Fusion Centre combines physical security, cyber and fraud expertise to spot new risks, coordinate responses and improve resilience.
- The Mastercard Experience Centre gives merchants, financial institutions and public-sector partners an immersive setting to explore technologies for their operations.
- The Makerspace provides a setting for testing ideas and developing prototypes.
Singapore Economic Development Board chairman Png Cheong Boon said stronger capabilities in AI, cybersecurity and threat intelligence would help Mastercard address new challenges and opportunities in Asia-Pacific.
