- City Possible network expands to over 300 members around the
world
- New City Possible Advisory Board formed to guide a sustainable
and inclusive future for cities
- Second annual City Possible Summit taking place in hybrid
format, in partnership with Smart City Expo World Congress
Mastercard has continued to expand its support for addressing
urban challenges and inequalities, working with city leaders and
partners around the world, through the City Possible™ network and
capabilities. The unique solutions now reach over 600 communities
in more than 50 countries across six continents, helping to foster
collaboration and co-creation, drive inclusive economic
development, and build resilient communities.
City Possible, a partnership model pioneered by Mastercard, has
grown from 16 founding members at launch three years ago to 310
city members and candidate cities. As well as welcoming new city
members – such as Bogota, Colombia; the High Line in New York City;
Nur-Sultan in Kazakhstan; the San Diego Cyber Center of Excellence;
and The Smart City Association Italy formed of 38 cities across
Italy – a number of industry and multilateral partners have also
joined the network including the Inter-American Development Bank
(IDB) and Citi.
Alongside this, 390 cities are leveraging Mastercard’s transit
solutions, as the company takes an integrated approach to mobility
to accelerate contactless payments on all forms of public
transport. Mastercard is working with a range of partners across
the ecosystem to deliver a consistent and seamless way to pay,
whether it be buses, trains or micro-mobility such as bikes and
scooters.
The newly launched City Possible Advisory Board are
representatives from some of the world’s most innovative cities to
provide guidance to the City Possible network and drive
solution-oriented initiatives to solve the biggest challenges
facing cities today. Founding Advisory Board members comprise
representatives from City Possible members globally – including
Curitiba and Novo Hamburgo in Brazil; Dublin City Council, Ireland;
City of Hamilton, Canada; the North Texas Innovation Alliance; and
The Smart City Association Italy - with the first meeting to be
held later this year.
“Technology innovation has a vital role to play in solving big
urban problems, in particular by bringing together the scale,
expertise and reach of public and private organizations,” commented
Carlos Menendez, President, Enterprise Partnerships at Mastercard.
“Through City Possible, we’re focused on delivering innovation,
flexibility and trust and, as the network continues to expand, we
see increasing opportunities to support each other’s work to make
our cities more sustainable and inclusive.”
City Insights: Data-Driven Insights Tools and
Solutions
Since launch in November 2020, the City Insights digital
marketplace has rapidly expanded with over 20 data-driven tools and
solutions, including data insights, cybersecurity solutions, and
small business resources that are designed specifically for the
public sector, contributed by Mastercard and technology partners.
More than 50 state and city governments are leveraging the
applications from contributors such as Bright Cities, the Cyber
Readiness Institute, the Global Cyber Alliance, Marketplace.city,
Venture Forward by GoDaddy, UrbanFootprint, and Zencity.
City Key: Integrated Access to Services
Mastercard City Key™ is a digital-first payment and ID solution
that enables residents and small businesses to access the economic,
social, and cultural services they need, while at the same time
making city operations more efficient. Today, over 2.7 million
people in more than sixty locations worldwide have used Mastercard
City Key cards to access financial aid and services, with 35 new
city partnerships signed so far in 2021, including São Paulo, New
Orleans and Egypt’s New Administrative Capital.
During this year, Mastercard has worked closely with cities and
partners around the world to draw on the collective expertise and
resources of all stakeholders to build innovative solutions which
support the vulnerable communities that have been most impacted by
the pandemic.
For example, in Los Angeles, Mastercard worked with the Mayor’s
Office and Mobility Capital Finance, Inc (MoCaFi) on the launch of
Angeleno Connect debit card and mobile app, which is being used to
disburse financial assistance directly, connect residents to city
services and offer free financial services to unbanked
Angelenos.
City Possible Summit: Hybrid Community Engagement
At this year’s Smart City Expo World Congress in Barcelona, City
Possible is showcasing how city leaders, private sector companies
and many others are coming together to combine strengths and find
solutions to enable innovation, accelerate digital access and
foster an inclusive economic recovery.
Through a hybrid format, the City Possible Summit will engage
the community in-person and virtually. Ten engaging live sessions,
featuring a world-class speaker line-up and focused on near-term
challenges as well as longer-term planning, will cover topics such
as ensuring an inclusive economic recovery, enabling small
businesses, future-proofing social infrastructure, and managing
priorities such cybersecurity, environmental sustainability and
urban mobility.
For those participating in the Smart City Expo World Congress in
person, the City Possible Plaza will act as a meeting point for
city leaders and partners from around the world as well as bringing
to life the work being done by Mastercard and City Possible network
participants.
More details on how to register to watch the City Possible
Summit virtually with a free Digital Pass can be found at
https://citypossible.com/events/city-possible-summit-2021/.
About Mastercard (NYSE: MA)
Mastercard is a global technology company in the payments
industry. Our mission is to connect and power an inclusive, digital
economy that benefits everyone, everywhere by making transactions
safe, simple, smart and accessible. Using secure data and networks,
partnerships and passion, our innovations and solutions help
individuals, financial institutions, governments and businesses
realize their greatest potential. Our decency quotient, or DQ,
drives our culture and everything we do inside and outside of our
company. With connections across more than 210 countries and
territories, we are building a sustainable world that unlocks
priceless possibilities for all. www.mastercard.com
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Media Alisdair Haythornthwaite +971 54 994 3833
| alisdair.haythornthwaite@mastercard.com
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