“Paying by smartphone is no longer an exception but a rule” – Portrait of Ann Cairns (Mastercard)

Ann Cairns is Executive Vice Chairman at Mastercard. In this role, Ann Cairns represents Mastercard around the world, focusing on inclusion, diversity and innovation. She plays the important role of the senior ambassador and executive leader with a global remit and serves on the company’s management committee.

At the Banking Summit Ann Cairns will talk about the multifaceted nature of future payments and their digital, instant and conversational aspects. Thereby she will present the different modes of payments in the future and explain new and upcoming payment flows. Cairns explains that in a changing industry Mastercard is not only working with banks but also cooperating actively with lots of other players in the eco system, such as the startup community. One challenge Mastercard is facing is the aspiration to constantly work on innovations and at the same time secure the customers’ trust.

“In the future, Mastercard will continue to work on innovations in payment methods and transactions. The rapid development of mobile payment shows how fast the industry is changing. Paying by smartphone is no longer an exception but a rule. In the future, payment with diverse wearable devices will become even more relevant. We will continue to work with financial institutions, banks and startups to support them in developing innovative ideas.”

Ann Cairns, Executive Vice Chairman at Mastercard

Prior to current positions Ann Cairns was President of International Markets and responsible for the management of all customer-related activities in over 200 countries around the world. In this role she focused on building sustainable, strong growth rates across both mature and emerging markets.

A mathematics degree from Sheffield University and a M.Sc. with research into medical statistics from Newcastle University resulted in an early career as a research engineer, culminating as the Head of Offshore Engineer-Planning for British Gas where Ann Cairns was the first woman qualified to go offshore in Britain. Since then she is advocating for women to have equally valued roles in the global economy.

Digital, instant, conversational: At the Handelsblatt Banking Summit, 4 – 5 September 2019 in Frankfurt/Main, we will talk with Ann Cairns (Vice Chairman, Mastercard) about the multifaceted nature of future payments.