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With a market capitalization of $441.5 billion, Mastercard (MA) is one of the world’s leading payment technology companies. Its core business revolves around enabling electronic payments through its branded credit, debit, and prepaid cards. Over the past decade, this fintech stock has returned nearly 510%.
As the digital payments industry continues to evolve with the help of artificial intelligence (AI), fintech companies such as Mastercard are leveraging AI to expand. Mastercard also accounts for 0.7% of Warren Buffett’s holding company, Berkshire Hathaway (BRK.B).